Skip to main content

Full text of "Thirty Fourth Massachusetts Fire"

See other formats


State Library 



OF 



MASSACHUSETTS. 

B. 



Return as Soon as Used. 



13 



PUBLIC DOCUMENT. No. 9. 



THIRTY-FOUKTH ANNUAL EEPORT 



OF THE 



Insurance Commissioner 



or THE 



^ammnnfoealt^ of P^assat^wsetts, 



January 1, 188 9. 



PABT L 

FIEE AND MARINE INSURANCE. 



BOSTON : 

WRIGHT & POTTER PRINTING CO., STATE PRINTERS, 

18 Post Office Square. 



- 

APR 



ERRATUM. 

An omission occurs in the first paragraph of the law concerning 
fire investigations, as published on page xxvii. The statute as 
passed reads : — 

" When property is destroyed by fire, it shall be the duty of the 
board of fire engineers in cities other than the city of Boston, and in 
towns having a board of fire engineers, and of the board of selectmen in 
towns having no board of fire engineers, to make investigation,'* etc. 



ft 



TABLE OF CONTENTS. 



[For Index to Companies, see end of Volume.] 



COMMISSIONER'S REPORT. 

PAGE 

Introductory, v 

Massachusetts Companies Examined, v 

Companies Admitted and Withdrawn, vi 

The General Business of the Year, vii 

Business of the Massachusetts Companies, vii 

Companies of Other States and Countries, viii 

Massachusetts Business for the Year, ix 

Surplus and Permanent Funds, x 

The Injustice of the Tax Law, xi 

Statistics of Fires, — The Massachusetts Law, xiii 

The Startling Statistics of Fire Waste, xxiv 

Fires by Towns, xxx 

Receiverships, xxxiii 

Concerning Compensation, xxxiv 

The Finances of the Department, xxxv 

Comparative Tables, xxxvii 

Massachusetts Mutual Fire Insurance Company, xxxix 

Comparative Table A, xxxix 

Massachusetts Mutual Marine Insurance Companies, .... xl 

Comparative Table B, xl 

Massachusetts Joint-Stock Insurance Companies, ...... xli 

Comparative Table C, xli 

Insurance Companies of Other States, xlii 

Comparative Table D, xlii 

United States Branches of Foreign Insurance Companies, . . xliii 

Comparative Table E, xliii 



IV 



TABLE OF CONTENTS. 



PAOK 

Aggregates of all the Companies • xliv 

Massachusetts Business, xlv 

Comparative Table F, xlv 

Comparative Ratios, xlv 

Fire Losses and Insurance for Ten Years, xlvi 

Statistical Tables, xlvii 

Massachusetts Mutual Fire Insurance Companies, .... xlviii 

Table I. — Risks, assets, liabilities and surplus xlviii 

Table II. — Gross cash income and expenditures, premiums, losses and 

expenses, 1 



Massachusetts Mutual Marine Insurance Companies, .... Ill 

Table III. — Guaranty fund, scrip, risks, assets, liabilities and surplus, . lii 
Table IV. — Gross cash income and expenditures, premiums, losses and 

expenses, lii 

Massachusetts Joint-Stock Insurance Companies, , liii 
Table V. — Cash capital, risks, assets, liabilities and surplus, . . liii 
Table VI. — Risks written, premiums received, and losses paid, . . liv 
Table VII. — Gross cash income and expenditures, expenses and divi- 
dends, lv 

Insurance Companies of Other States lvi 

Table VIII. — Cash capital, risks, assets, liabilities and surplus, . . lvi 
Table IX. — Risks written, premiums received, and losses paid, . . lxiii 
Table X. — Gross cash income and expenditures, expenses and divi- 
dends, lxx 

Table XI. — United States branches, showing deposits, etc., . . . lxxvii 

Table XII. — United States branches, business of 1888, .... lxxix 

Massachusetts Business in Detail. — Table XIII lxxxi 

Statistics of Fires in Massachusetts, lxxxvii 

Table XIV. — Property, fires, insurance, loss, etc., .... lxxxvii 

Table XV. — Fires classified by months, xciii 

Table XVI. — Causes of fires, xcviii 

Table XVII. — Summary, civ 

Table XVI II. — Fires by months for eleven years cv 

Table XIX. —Receipts and expenditures of the insurance depart- 
ment, cvi 

DETAILED STATEMENTS. 

Massachusetts. Mutual Fire Companies, 1 

Massachusetts Mutual Marine Companies, 79 

Massachusetts Joint-Stock Fire, Marine, and Fire-Marine Companies, . . 87 

Fire, Marine, and Fire-Marine Insurance Companies of other States, . . 127 

United States Branches of Foreign Companies, 421 

Insurance Companies of Other States and Foreign Countries, with Amount of 
Business done, and Tax paid by Each, 

Appendix, 4S3 



Commontoealth oi ptassatbu&etts. 



Ixsubaxce DEr.viiTMENT, Bostox, March 7, 1889. 



To the Honorable the Senate and House of Representatives. 

In compliance with the requirements of law, herewith is 
submitted Part I. of the thirty-fourth annual report of this 
department, for the year 1888, relating to fire and marine 
insurance ; this being presented, for convenience, in advance of 
Part II., concerning life and casualty insurance. 

During the year, the examination, required to be made 
triennially, of all domestic companies, was made of the follow- 
ing, this being the year in which falls the lesser number : — 

Massachusetts Companies Examined in 1888. 
Fire Companies. 

Citizens Mutual Fire, Boston. 

Mutual Protection, Boston. 

Massachusetts Mutual, Boston. 

Boston Manufacturers Mutual, .... Boston. 

Arkwright Mutual, Boston. 

Cotton and Woolen Manufacturers, . . . Boston. 

Mill Owners Mutual, . . . . • . . Boston. 



Massachusetts Title Company, 



Boston. 



These companies were all found to be in a gratifyingly sound 
condition, and their management generally prudent and con- 
servative. In the last report comment was made upon the 
practice of one of the mutuals (which was promptly changed 
when attention was called thereto) of entering upon the busi- 
ness of negotiating or purchasing business paper. Among the 
assets of one of the larger mutuals, the present year, is shown 
nearly $200,000 in personal and corporate notes, without col- 
lateral security. True it may be, as stated by the officers of 



VI 



EEPORT OF THE 



this company, that this species of investment has been among 
the most profitable, as with proper judgment it may be of the 
safest. But the practice is a pernicious one, which should be 
reformed, if not absolutely prohibited by law. It was Q< 
contemplated, that, to their legitimate business of insurance, 
any of these corporations should add that of entering the money 
market as shavers of notes ; and, if persisted in, sooner or later 
disaster will come. 

The following charges hive taken place during the year in 
the list of fire and marine companies authorized to trans 
business in this Commonwealth : — 



Companies Admitted. 



NAME OF COMPANY. 



LOCATION. 



1>ATE. 



Alliance Insurance Association, 

Reading- Fire, . 

Mutual Fire, . 

Empire State, . 

North River, . 

Middlesex Mutual Fire, . 

Hekla Fire, 

Detroit Fire and Marine, 



New York, 

ding, Pa., . 
New York, 
Rochester, X.Y., 
New York, 
Middletown, Ct, 
Madison, "Wis., . 
Detroit, 



Feb. 27, 1888. 

Feb. 28, • 

.Mar. 19, " 

July 2, - 

July is. •• 

Sept 2". •• 

Sept. 24, " 

Oct 1, " 



Withdrawn. 



Washington Fire and Marine, 


Boston, 


Jan. 


7, 1888. 


Merchants, ..... 


New York, 


Mar. 


5, • 


Howard, ...... 


New York, 


June 


22, ■• 




Boston, 


Aug. 


3, • 


Mercantile Fire, .... 


Xew York, 


Aug. 


20, • 


Fire Insurance Association, . 


London, . 


Sept. 


15, - 



Of these, the Washington voluntarily closed by vote of the 
directors, and all local, Western and Pacific fire risks were re- 
insured in the National of Hartford, and the New York fire 
risks in the Niagara ; its marine business was re-insured in the 
Union of San Francisco. 

The Merchants re-insured in the Westchester Fire ; the 
Howard re-insured its fire risks in the London and Lancashire, 



INSURANCE COMMISSIONER. vii 

and its inland business in the Niagara ; the Prescott in the 
North British and Mercantile, and the Mercantile Fire in the 
German American. The Fire Insurance Association has dis- 
continued business, all risks to run to maturity. 

The cessation of business by the Washington and the 
Prescott withdraws nearly one-fifth of the total capital of the 
Massachusetts stock fire insurance companies, and removes two 
of the best corporations from the list. 

The authorized companies, Dec. 81, 1888, were in number 
205, classified as follows : — 

Massachusetts Mutual Fire, 49 

Massachusetts Mutual Marine, . . . . . 3 

Massachusetts Joint Stock, 14 

Other States, 113 

United States Branches of Foreign Companies, . . 26 

Total, 205 

The General Business of the Year. 

Aside from the marine business, the general results of the 
year may be contemplated with satisfaction. The aggregates 
present an increase of assets of $14,292,670 ; of surplus, 
$4,890,505 ; of income, $4,506,723 ; and of fire premium 
receipts, $4,535,583. The fire business written increased 
$762,287,510 ; the liabilities were increased $4,192,008 ; expen- 
ditures, $1,822,691 ; and fire losses paid, $890,147. Marine 
risks were written to an amount $20,988,108 greater, while 
the premiums received thereon were $567,850 less, than upon 
the smaller business of the preceding year, — a significant fact, 
in connection with the general tendency of the business else- 
where suggested. The fire risks outstanding were $1,002,- 
192,320, and the marine risks $11,970,008, greater than at the 
close of 1887. 

Business of the Massachusetts Companies. 
The tabulation of the business of the domestic mutual fire 
companies shows an increase in assets of $5,719,997, and this 
in the face of a small apparent, but not real, reduction, made by 
the department. Under the statute of 1887, making a change 
from the system of deposit notes, nearly all of the mutual 
companies reduced the amount of required contingent liability ; 



viii REPORT OF THE 

but some have been in doubt whether the law gave them power 
to reduce the obligations theretofore required, and -till held on 
unexpired policies; although it is agreed that in no case could 

an assessment be equitably made in excess of the amount of 
contingent liability established under the new rule and required 
of policy holders since. In all of the statements and table- in 
this report, for the sake of uniformity, outstanding premium 
notes and contingent liabilities have been reduced to the present 
standard. It is so clear that the new rule would be the only 
basis upon which an assessment could be made, that there would 
seem to be no doubt of the right of every company to redti 
any existing larger liability upon old contracts outstandii 

With $14,586,725 additional fire risks written, the Los 
paid by the mutual tire companies have been only $(33,370 in 
excess of the previous yerfr, while the increased income and 
cost surplus are each more than ten times the increase in 
expenses; the profits, so called, returned, were $1 "><>.! 
larger than in 1887. Altogether, the mutual fire compani 
may pleasantly review the year. 

The two mutual marine companies show a small reduction in 

3ets and increase in liabilities ; the risks written exceeded by 

$3,181,370, and premium receipts by ..~>41, the year 

preceding; the income was (109,283, the expenses $12,344. 

and losses paid £126,780, larger than in 1887. 

The stock fire and marine companies of Massachusetts present 
an altogether discouraging result. Decrease in capital of. 
SI, 200,000; in assets, S2,()21.38; in lire ri>ks written, S103,- 
659,705; marine risks written, S52,314,242; income, 81,215,- 
502 ; and surplus, $891,694. The expenses were lessened only 
S467.269, and the cash dividends were less by $34,000 than in 
1887. A large share of this, of course, is attributable to the 
relinquishment of business by the Washington and Prescott 
companies. 

Companies of Other States axd Countries. 

The companies of other States increased their assets $9, 
418, and the United States branches of foreign compani - 
'1,320 ; the former increased their liabilities 84, 305,989, and 
the latter $717,733. The expenditures of the companies of 
other States increased $2,431,239, and of the foreign branches 
$462,013; the former increased their lire risks written $667.- 



INSURANCE COMMISSIONS. 



IX 



260,557, while the marine risks decreased $7,520,343 ; the 
latter increased their fire risks $184,009,933, and the marine 
$77,647,323 ; the latter item being little more than half of the 
loss in this department by the other companies. The surplus 
increase was s/nall in both classes. 

Massachusetts Business for the Year. 

The total fire insurance written in Massachusetts during this 
year was $832,038,483, an increase of $66,734,437 over 1887. 
Of this, the Massachusetts mutual companies wrote $206,792,- 
409 ; Massachusetts stock companies, $65,150,471 ; companies 
of other States, $355,554,093; and foreign branches, $204,- 
541,510. Of the increase from the previous year, fourteen 
millions, in round numbers, accrue to the domestic mutuals, — 
a loss of eleven millions to domestic stock ; forty-seven 
millions gain to companies of other States, and sixteen millions 
gain to branches of foreign companies. 

Of marine business, our two mutuals wrote $20,430,394, — 
a. gain of $616,298 from the previous year. The domestic 
stock companies wrote $62,510,746, — a decrease of $7,708, - 
411; companies of other States $108,829,751, — an increase 
of $5,219,634 ; and branches of foreign companies $72,112,158, 
— an increase of $10,947,552. The total marine business was 
$263,883,049, — an increase of $9,075,073. 

The premiums received were, on fire $8,702,006, and on 
marine $2,659,078. The fire losses paid were $3,732,*35, and 
marine $1,872,456 ; together, $509,573 more than in 1887. 

The fire premiums received amounted to $8,702,006, to 
losses incurred of $4,444,322. 

The premiums and losses in Massachusetts business during 
1888 were: — 

Fire. 





Premiums. 


Losses Paid. 


Per cent, of 

Loss. 


Massachusetts Mutuals, . 


$2,325,343 


$632,401 


27.20 


Massachusetts Joint Stock, 


650,760 


305,592 


46.1)6 


Other States, 


3,608,353 


1,788,367 


48 86 


Foreign countries, .... 


2,027,550 


1,006,475 


49.64 


• 


$8,702,006 


13,732,835 


42.00 



X 



REPORT OF THE 



Marine. 





Premiums. 


Losses Paid. 


Per cent, of 
Loss. 


Massachusetts Mutuals, . 


$460,153 


$39:5,270 


.47 


Massachusetts Joint Stock, 


970,806 


718,400 


74.00 


Other States, 


901,406 


535,828 


59.44 


Foreign countries, .... 


326,713 


224. 


68 




$2,659,078 


$1,872,456 


70.42 



The amount of insurance effected in unauthorized foreign 
companies, under section 83 of the insurance statute, was 
$4,492,151 ; and the amount of premiums paid thereon, $61,- 
879.35. 

Surplus and Permanent Funds. 

Occurrences in the courts of the Commonwealth during the 
past year have called attention anew to a matter heretofore 
repeatedly and earnestly commented upon in these report-. 

• 

Without shadow of legal right, the mutual fire insurance com- 
panies of Massachusetts, commencing with many or most of 
them with their existence, have withheld from year to year from 
their members a portion of payments in excess of fire loss and 
expense accounts, until large sums have been accumulated as 
" surplus." It need not be here discussed whether some pro- 
vision in the way of cash accumulation is or is not desirable ; 
whether the members of this year and of every other year 
should bear only their just and legal share of the losses upon 
the property of their fellow members during the existence of 
their own policies, or whether, from year to year, in seasons of 
prosperity, the membership of a mutual company should be 
compelled practically to pay a tax to futurity, — to contribute 
to a fund to stand as a guaranty of the stability of the com- 
pany, and lessen the financial burdens upon the future member- 
ship when some severe conflagration brings exceptionally heavy 
losses. But the so-called " surplus," instead of being a source 
of security, is, in fact, a weakness, a menace and a danger. 
This surplus now amounts in the Massachusetts companies to 
$5,408,394. The officers of the companies cannot tell who 
have contributed this aggregation of millions ; no mathemati- 



INSURANCE COMMISSIONER. xi 

cian is able to decide to whom it belongs ; the wisest statesman 
cannot foretell what will become of it. If held out as an ele- 
ment of strength to attract those wishing insurance, it is a 
false beacon ; except in their comparatively insignificant con- 
tributions thereto, it does not belong to, and in any event 
cannot under possible legal conditions be used for the benefit 
of, present or future policy holders. What, then, is its advan- 
tage? Why continue additions to its already accrued millions? 

The statute enacted in 1872 made provision for setting apart 
a portion of the annual premiums over cost and fire loss — 
erroneously called profits — towards a permanent fund ; and 
the law of 1887 increased the maximum limit of such fund from 
one to two per cent, of the gross amount of insurance in force. 
Thus far, only thirteen of the forty-nine mutual companies have 
taken any action towards availing themselves of the privilege 
to secure a permanent fund in a legal form, and surrounded by 
the safeguards afforded by the statutes of the Commonwealth. 
The more speedily this is done by every one of these corpo- 
rations, the greater security from troublesome and dangerous 
complications in the future. What disposition to make of the 
surplus which will remain to many of the companies after the 
legal limit of the permanent fund shall have been reached, is a 
problem that will still confront the officers, and at some future 
period is not unlikely to puzzle the courts of the Common- 
wealth. 

Nor is this all that is involved in the question ; the law, in 
the purpose jealously to guard the interests of the insured ; 
to afford, so far as human foresight may, a guaranty of stability, 
— has carefully prescribed the class and character of securities 
in which the capital of a stock company may be invested. Is 
there any reason why like restrictions should not be placed 
upon the permanent fund of a mutual company, which, under 
the provisions of the law, stands in precisely the same relation 
to policy holders as the capital of a stock company ? 

The Injustice of the Tax Law. 

It would seem impossible to make a stronger presentation 

than was offered in the last report, of the wrongfulness of a 

law which puts a tax upon Massachusetts stock companies more 

than double that levied upon companies of other States or 



xii REPORT OF THE 

countries for the transaction of a like amount of business ; but 
such is the effect of the statutes of this Commonwealth, it wa> 
shown that, in the previous year, the stock, fire and marine 
companies of Massachusetts paid into the State treasury $77,970 
in taxes ; and that, had they not been home corporations, — 
had they been companies of other States or countries, — they 
would have paid but $38,824. Massachusetts fines these com- 
panies $50,000 a year, because they are her own. The argu- 
ment was met by the reply that the home companies arc taxed 
as are all other corporations, — upon their capital ; and that 
any change would interfere with the corporate taxation system 
of the Commonwealth. AVell, the sooner any " system" that 
works the above results, that discriminates so outrageously 
against our own people, our own interests, our own business, our 
own corporations, — the sooner such a " system" is swept out 
of existence, the better for Massachusetts. " But if any pro- 
vide not for his own, and especially for those of his own nous 
he hath denied the faith, and is worse than an infidel." The 
disparity between the stock and the mutual companies of Massa- 
chusetts is even more striking ; the former paying a tax of 
more than seven times that of mutuals on a like amount of 
business. The subject was dismissed in the report of last 
year with the suggestion that, " unless the Commonwealth i- 
ready to see the comparatively small amount of capital still 
remaining in domestic insurance companies drawn into other 
fields, and the business relegated to foreign companies, this 
subject demands earnest consideration." No change was made 
in the law ; and, before the year ended, one of the largest Mas- 
sachusetts companies, the Washington, with a capital of a mil- 
lion dollars, ceased to do business, followed by the Prescott, 
in a single twelve-month withdrawing almost one-fifth of the 
entire Massachusetts capital engaged in the business of fire and 
marine insurance. If this continues, it will shortly matter 
little, so far as fire insurance companies are concerned, what is 
the taxation " system" of the Commonwealth; there will be 
no such corporations to apply any system to. The Swiftness 
with which the business is passing out of Massachusetts control 
is sufficiently indicated by the following statement, showing the 
number of companies of each class transacting insurance in this 
State ten years ago, with the amount, in round numbers, of the 



INSURANCE COMMISSIONER. 



Xlll 



risks taken by each, and a similar exhibit for the year 1888. 
The tabulation foreshadows the future with sufficiently melan- 
choly clearness, without comment. 





1878. 


1888. 




No. of 
Com- 
panies. 


Business in Massa- 
chusetts. 


No. of 
Com- 
panies. 


Business in Massa- 
chusetts. 


Massachusetts stock, 
Other States, 
Foreign branches, 


22 

105 

19 


$115,000,000 

214,000,000 

98,000,000 

i 


14 

113 

26 


$65,000,000 
355,000,000 
204,000,000 



Statistics of Fires. — The Massachusetts Law. 

While the statistics of fire waste in the whole country during 
1888 show a gratifying decrease from the previous year, the 
record of Massachusetts is pre-eminently bad. The best 
attainable estimates give the loss from fire in the United States 
during the past year as less than $100,000,000, against $119,- 
000,000 in 1887. The detailed reports elsewhere presented 
show the amount of the fire waste in Massachusetts during 1888 
to have been $5,385,377, against $4,220,326 in 1887 ; exceed- 
ing, by $966,002, the average for the past eleven years, and 
being $595,471 in excess of the highest record since the great 
Boston fire in 1872. 

The total number of fires in the State during the past year 
was 2,446, being 208 in excess of 1887, and 548 above the 
average of the ten years previous. The amount of insurance 
paid was $552,591 in excess of the previous year, being 21.9 
per cent, of the total amount of insurance upon the property 
affected, and 69.3 per cent, of the loss sustained. During the 
past eleven years the highest percentage of insurance paid to 
amount insured was 36.1, in 1882 ; tjie lowest 21.9, in 1888 ; 
and the average, 27.9. During the same period the highest 
percentage paid to loss incurred was 93.5, in 1882 ; the lowest 
54.9, in 1879 ; and the average, 74.9. The percentage of fire 
loss to population in Massachusetts was hardly exceeded by 
any State in the Union. 

Despite this record of loss, the fire business of the companies 
shows in almost every particular a gratifying condition, the 



xiv . REPORT OF THE 

mutual companies of the State in particular exhibiting a large 
increase in insurance written, in assets and surplus ; indeed, 
these corporations, furnishing in many respects the ideal insur- 
ance, are to be cordially congratulated upon the marked im- 
provement and prosperity of the year. 

Statistics are valuable, not alone nor so much for the infor- 
mation afforded in the record of the past, as for the conclusio 
to be drawn and the lessons to be learned for guidance in the 
future. It is but a melancholy satisfaction to trace the in- 
crease in the annual number of fires from 1,728 to 2,44(1 during 
the ten years past ; but that those reported of incendiary 
origin have decreased from one-fifth to less than one-tenth 
affords gratifying evidence of the value of the efforts made in 
the way of more careful investigation and sharper restrictions, 
through the means of better laws and more stringent enforce- 
ment. In the statistics of fire waste and the causes of the loss, 
every owner and insurer of property has a pecuniary interest ; 
and, if carefully compiled, such figures possess a value far in 
excess of the cost of preparation. 

The law passed at the last session of the General Court, re- 
quiring investigation to be made into the cause of every fire 
that may occur in the Commonwealth, is just getting fairly into 
operation ; and the result must be of utmost value, in aiding 
to proper measures for prevention of a large portion of the un- 
necessary and easily preventable losses. It may be premature, 
with present knowledge of causes, to attempt now to frame 
adequate and practicable laws upon the subject : but at this 
point, when the statute requiring investigations is in its early 
progress, it will be useful and interesting to review the attempts 
which have been heretofore made in this direction, and their 
results. 

So far as is known, this department was the first to take 
definite action to procure the data on which to base a tabular 
statement of the amount'of property destroyed by fire, the in- 
surance thereon, the amount of insurance paid, and the cause 
of the fire. 

In 187(5, Hon. Stephen H. Rhodes, then insurance commis- 
sioner, outlined in his annual report to the General Court his 
design. Preparatory thereto, he had arranged with the chief 
of the bureau charged with taking the industrial statistics and 



INSURANCE COMMISSIONER. xv 

decennial census to secure for him a complete schedule of all 
the manufactories in the State, the value of the buildings, 
machinery, and average amount of stock on hand. 

In the same connection, Mr. Rhodes recommended the pas- 
sage of a statute requiring the proper authorities to render to 
the insurance department an annual statement of the fires occur- 
ring during the year. In conclusion, he said : "The annihilation 
of property by fire is a very serious obstacle to the progress 
both of our State and of the nation, and all practical measures 
for reducing this fearful annual loss should be adopted." 
Nothing can add to the force, directness and eminent wisdom 
embodied in these few words. Under the direction of the in- 
surance department, blanks were prepared and forwarded to 
the town and city officials ; and the result of this labor in an 
untried field was set forth in a supplement to the twenty-second 
annual report. 

For the first attempt, it was successful in a remarkable degree. 
The whole number of fires reported was 1,538, and the given 
causes were substantially as will be found in the report for 
1888. Only 6 towns failed to respond, and 87 towns reported 
"no fires during the year;" 420 fires were reported as of 
incendiary origin, 161 from defective chimneys, and 127 were 
from " exposure " to other burning buildings. In 167 cases 
" carelessness," and in 128 cases " accidental," was given as 
the cause. In later reports, these are eliminated as too indefi- 
nite to be of value, and the real cause ascertained and tabu- 
lated. 

In commenting on the result, Commissioner Rhodes said : 
" There is abundant evidence that many of the fires reported 
' incendiary ' (notably in barns and isolated buildings) are 
caused by ' tramps ; ' but the large percentage of such fires, 
when the insurance exceeded the value of the property de- 
stroyed, indicates that others besides the tramps apply the 
incendiary torch." And the inevitable deduction to be drawn 
from this is, that over-insurance played no inconsiderable 
part then, and certainly is a prominent factor in the problem 
of incendiary fires to-day. He further says, turning from this 
difficult problem to one more easy of solution : " We find that, 
of the fires reported, 161, or more than one in ten, were caused 
by ' defective chimneys.' An annual loss to our citizens of 



xvi REPORT OF THE 

more than §200,000 from this cause can be almost entirely 
avoided by the enactment and enforcement of a judicious build- 
ing law." 

Such, in brief, is the beginning of an attempt by a State 
department to collect and collate statistics relating to fires. 

In accordance with the recommendations of Commissioner 
Rhodes, the General Court enacted chapter 1<>4. A.cts of 1878, 
which required the mayor and aldermen of each city, and the 
selectmen of each town, in the Commonwealth, to return to 
the insurance commissioner in the month of January a state- 
ment of the number of fires which occurred during the preced- 
ing year ; and the Act substantially remained upon the Statutes 
until the enactment of chapter 199 of the Act- of 1888, which 
superseded it. 

The return for 1878 was fuller and better defined than its 
predecessor. The classification was enlarged, and the deduc- 
tion to be drawn from its showing was such that the last official 
act of Commissioner Rhodes was in relation thereto. He said : 
" With the writing of these lines the connection of the writer 
with the insurance department ceases. Of the various subject- 
to which, as insurance commissioner, he has invited the atten- 
tion of the Legislature, there is, in his judgment, no one of 
greater importance than that of preventing a part of the great 
annual loss by fire, by the enactment and enforcement of proper 
building laws. ... To any one who has given attention to 
this subject, it must seem that further arguments or illustra- 
tions are entirely unnecessary ; yet it is apparent that the 
people do not realize that they pay the losses by fire. They 
have an idea that the insurance companies pay them ; whereas, 
the insurance companies are merely distributors of the money 
contributed by the people for the purpose. The people not 
only pay the losses, but the cost of collection and distribution ; 
which cost averages at the present time more than twenty-five 
per cent, of the whole contributions." 

In the twenty-sixth annual 'report, Commissioner Clarke 
says : "It is a practical suggestion from the chief of the 
Somerville fire department, that chief engineers of all such de- 
partments should be appointed fire marshals, with authority" to 
investigate the causes of all fires occurring in their precinct-. " 

Until 1884, the line adopted by Commissioner Rhodes was 



INSURANCE COMMISSIONER. ' xvii 

followed ; and there was tabulated a vast amount of informa- 
tion of almost inestimable value to the student of such matters, 
as well as to the general public. In 1884, Commissioner Tar- 
box, after careful and painstaking examination of the results of 
former years, took a step in advance, and invited attention " to 
the inadequate provisions for the collection and authentication 
of statistics relating to fires, and their consequent imperfect 
value. The reported facts are not sufficiently verified by com- 
petent investigation. The information sought and the object 
to be attained are of such value, in my estimation, as to justify 
an official inquest and report upon the circumstances of every 
lire. Such a system, conducted with vigilance, would aid the 
detection and prevention of incendiarism, which prevails to an 
extent that should excite public alarm, and quite dispropor- 
tionate to the prevalence of that crime as indicated by the 
records of our criminal courts, if these statistics are in any 
respectable degree reliable. It would exhibit and enforce 
attention to the conditions which expose property to fire perils, 
and therein stimulate and enlighten efforts by private prudence 
and public authority to secure the observance of conditions of 
safety. This matter concerns the whole public — the. common 
welfare. Not the underwriters, nor the individual holders of 
property, are alone sufferers by the destruction of useful 
wealth. By the beneficent helpfulness of insurance, the 
burden of injury may be lightened to the individual owner, 
but it cannot restore to human uses the valuable product of 
man's labor and skill : and bv the amount of such destruction 
'the community is impoverished. The hundred millions of 
dollars paid annually by the people of the United States for 
property insurance is essentially a tax, taken from the fruits 
of their industry ; and whatever reduces the hazard insured 
against, to that extent reduces taxation. 

" Legislation seems to have gone nearly or quite as far as it 
usefully can go in the direction of the regulation of the business 
of fire insurance. For the rest, chiefly, dependence must be 
put upon the prudence and sagacity of the experienced men "of 
affairs in charge of our insurance institutions, rather than in 
arbitrary provisions of law. But, in the field suggested, the 
function of the State has not exhausted its usefulness. The 
commercial value of the system of insurance in the item of the 



xviii REPORT OF TIIK 

preservation of property through the compulsion of prudential 
measures for its protection, is hardly capable of over-estima- 
tion. The enterprise of the underwriters in their insistence 
upon conditions of safety which lessen the hazard may have its 
impulse in a selfish motive ; but the result is public good, and 
public spirit, represented by the State, should co-operate with 
private aims in such an enterprise. Insurance should mean 
indemnity for loss from misfortune, not immunity from con- 
sequences of crime or reckless fault : and the compact to 
indemnify creates on the part of the insured a moral obligation 
which should be a legal one. If the insured wilfully barns hifl 
property, he is not entitled, morally or legally, to recover his 
insurance. Why should he if it burn through his positive 
fault or careless omission to reasonably provide for its safety ? 
Why should not the law void the insurance, when the loss i- 
due to the owner's negligent act? Such a provision would be 
within the just rule of the common law that a man shall so use 
his own as not to injure another ; and it accords with social 
equity and the nature of the insurance contract that the insured 
should be bound to a reasonable diligence in the protection of 
the property in his control. There would be no danger of the 
too rigorous enforcement of such a law, as juries could be 
trusted not to find the fact of negligence unless clearly proven. 
While just in itself, it would also consult public policy, which 
desires the conservation of useful wealth ; by the inducement 
of self-interest, it would persuade owners to exercise a greater 
care for the safety of their property, than though, regardless of 
their conduct in relation to it, their indemnity was sure in case 
of loss. 

" The statistics show a large proportion of fires preventable 
by common prudence. More than one-tenth of the fires in 
Massachusetts, year by year, originate in defective chimne 
alone. And, doubtless, a proper investigation would trace the 
cause of a large fraction of the rest to some vice in design or 
construction. Why should not the owner or insurer have an 
action for damages, where the loss is caused by a defect at- 
tributable to the neglect of an architect, builder or other per- 
son? If a mechanic, who holds himself out as competent in 
his trade, so negligently constructs a building that it takes fire 
and is destroyed from that cause, he should be answerable. 
And so of the architect, wdiose assumed skill and knowledge 



INSURANCE COMMISSIONER. xix 

are relied on to design a structure in accordance with reason- 
able conditions of safety. Admonished by knowledge of such 
liability, we might fairly anticipate a larger degree of diligence 
and fidelity in their employment on the part of architects, 
builders and others, responsible for the construction of build- 
ings exposed to perils by fire." 

Recurring to the same topic in 1885, Mr. Tarbox said : 
" We can compute our losses ; but what has been saved that 
would have been lost but for our precautions, we cannot 
estimate. People are apt to treat too lightly the destruction of 
property, if the individual sufferer is indemnified by insurance. 
They thoughtlessly overlook the fact, not only that the 
destroyed property is so much lost to the general wealth, but 
that the whole body of insured are taxed to indemnify the 
owner for his private loss. The insurance company pays over 
the money indemnity, but out of funds drawn from the public. 
Indeed, an insurance company is scarcely more than an agent 
to disburse the contributions of the people for mutual protec- 
tion from fire calamities. The public at large are more deeply 
concerned than the underwriters in the reduction of the fire 
waste. It makes no difference in personal interest to the 
underwriter whether the average loss be greater or less, 
provided the premium rate maintains its proportion ; and that 
he will look out for, and must, for the protection of the public 
as well as his own, lest otherwise he lose his profits and 
investments, and the insured loses his promised indemnity. 
The cost of his insurance to the insured, in mutual companies, 
depends on the amount of actual loss. Whatever reduces the 
amount of loss reduces his insurance tax. The same is true 
substantially, though in a less exact degree, of insurance on 
the stock plan. The premium rates charged are calculated upon 
the basis of anticipated fire losses, and that basis of anticipation 
is largely constructed from the facts of experience. With an 
anticipated loss of not less than $110,000,000 in 1885, founded 
upon the fact of actual loss in 1884, the insurance companies 
cannot prudently for themselves or the public fix their charges 
at a lower rate than last year. If the people of the United 
States want cheaper and good fire insurance, they must reduce 
the fire waste. As our insurance establishments are now 
carried on, under the system of commissions to agents and 
brokers, lower rates of insurance seem attainable in no other 



xx REPORT OF THE 

mode. The public cannot complain justly of the profits upon 
the capital employed in the business. . . . The only adequate 
protection for the companies and the public from disaster is to 
prevent its occurrence. If the conditions of safety do not exist , 
they can be created. 

" The authority of the State to provide for the common 
safety from fire perils by laws controlling the erection and 
maintenance of combustible structures, is indisputable, it- 
duty to do so seems as obvious. Entirely consistent with 
individual liberty is the maxim of the common law, that every 
man shall so use his own that he shall not injure another. 
This applies to the maintenance of safe conditions in existing 
structures, as well as to sound caution in original construction, 
for both of which the law should provide. A man may Dot 
rightfully harbor on his own premises a peril that may occasion 
his neighbor hurt. Of the 2,011 fires in Massachusetts in 188 L 
307 were from 'exposure;' i.e., by fire communicated from 
outside. A like proportion is shown in the reports for other 
years. Thus, the utmost prudence of the owner of property 
may be defeated by another's fault. In this connection, the 
law of carefulness, which is the law of social obligation, need- 
as vigorous enforcement as lies within the power of the State. 
The owner of property should have a pecuniary interest in its 
preservation. If in position to profit by its destruction, he 
is tempted, if wicked, to destroy it ; and, though honest, he is 
likely to be less vigilant in care of it than though admonished 
to watchfulness by a knowledge that he would suffer by its loss. 
It was from these considerations that a statute, not now in force, 
limited the insurance to three-fourths the property value 
at date of issuance of the policy. Were such legislation 
deemed expedient now, a better form would seem to be to 
limit the amount of indemnity to a proportionate part of the 
actual loss. Whether the public would be content with such 
partial insurance, or whether the Legislature should inhibit the 
recovery of full indemnity where the insured is not at fault, are 
matters to consider. I am confirmed in the opinion advanced 
in my last annual report, that ' insurance should mean indemnity 
for loss from misfortune, not immunity from the consequences 
of crime or reckless fault ; and the contract to indemnify creates, 
on the part of the insured, a moral obligation, which should be 



INSURANCE COMMISSIONER. xxi 

a legal one,' to reasonably provide for the safety of the insured 
property. Where the property burns through the owner's 
neglect to fulfil that just obligation, he should not recover. 
The coincidence of loss with profit thence to the owner is 
suspiciously frequent. A fatality seems to attach to poorly 
productive property. If incendiarism be so prevalent as these 
statistics indicate, the crime enjoys a singular immunity from 
punishment, and the public safety demands an effort for a 
more efficient enforcement of the criminal law. As an auxiliary 
of the police authorities, I recommend that provision be made 
by law for an investigation by a competent officer into the 
circumstances of every fire, and for a close inquest in all cases 
w r here the origin is not clearly shown to be innocent." 

Again, in the report for the following year, Commissioner 
Tarbox said, in the same direction : " The wilful destruction 
of property, by the inducement of profit to its owners, is re- 
sponsible for a fraction of the waste ; how large, is not capable 
of reliable estimate ; not so large, I trust, as some conjecture, 
but considerable enough to be sorrowful both to the economist 
and the moralist. Carelessness, induced by the sense of safety 
afforded by insurance, and by the knowledge that, if loss 
happens, indemnity will follow to repair it, is a more potent 
if less wicked factor. In other countries, the laws have gone 
to the extent of limiting insurance to loss or damage from fire 
orginating outside the insured premises, leaving the owner 
responsible and remediless for injuries done by fire confined to 
premises under his control. Such extreme legislation w T ould 
not find favor with us. It asks an impossible diligence, and 
leaves the assured defenceless against the misfortune of un- 
avoidable perils, with which the genius of our time would not 
be content. But it is both reasonable in itself, and demanded 
by justice, that a person shall not suffer his property to be 
destroyed by his fault, and then be indemnified for the injury. 
For, it is important to remember, insurance indemnities are 
paid from the contributions of the mass of insured persons 
which supply the means of payment ; and, under a system 
which pays indemnities for losses caused by the loser's fault, 
injustice is done to the prudent by wrongful taxation to repair 
the waste of the imprudent. Thereby insurance departs from 
its proper province, the relief of misfortune ; and the law 



xxii REPORT OF THE 

offends wise public policy when it encourages improvidence 
by enabling it to escape the just penalty of its error. The 

legal obligation, with penalty of loss of indemnity for neglect, 
would re-create in the owner of property the self-interest to 
care for its safety which full insurance destroy-. 

" The adoption and enforcement of regulations controlling 
the construction, use and maintenance of structures liable to 
burn, and the circumstances of neighborhood environment 
in respect to danger of conflagration, seems the method by 
which State and municipal authority can operate with best 
effect. Much has been well and usefully done by public 
provision and individual enterprise for the extinguishment of 
fires, the benefit of which, in the rescue of immense values from 
otherwise sure destruction, is beyond computation. We should 
relax no endeavor in that direction. But, while it is excellent 
to provide the most effective means to put out a fire and limit 
its ravages when it occurs, it is more excellent still to prevent 
its occurrence when possible, or to render it less formidable to 
combat when unavoidable. To compel owners to put existent 
structures in the same safe condition as may be enforced in new 
construction, is not practicable. Nor can our already closely 
built communities be radically reformed to meet safe neighbor- 
hood relations. Yet, in that feature of improvement, much 
may be done without private injustice. The liberty of the 
individual to use his property as he pleases does not authorize 
him to so maintain it as to endanger his neighbor in life, health 
or estate. And it is wholly practicable, by the energetic pur- 
suit of intelligent measures as regards reconstruction, and the 
reform of obviously ursafe conditions in compact neighbor- 
hoods, to largely reduce the waste by fire in those quarters. 
But municipal law may most usefully assert itself in regulations 
to irovern the laying out and building up of new sections. A- 
to these, the law should enforce requirements which shall satisfy 
all reasonable demands of safety, and render a widespread 
conflagration impossible. 

" A clear apprehension of the sources of danger is precedent 
to competent measures to avert it. A large proportion of tires 
are from unsuspected causes, which, if known, might easily be 
avoided, and would be known but for ignorance of what should 
be familiar. Ignorance shares with carelessness the ignoble 



INSURANCE COMMISSIONER. xxiii 

responsibility for a great part of our fire loss. The need in 
country and town is a better education as to the conditions 
which make for safety, and the circumstances which invite 
danger. Those of our lire companies which have adopted a 
system of inspection in connection with their insurance trans- 
actions, of which the Mill Mutuals are conspicuously pioneer, 
perform a valuable service in the demonstration they make of 
the value of skilled inspection to discover and expose danger- 
ous conditions not visible to the ordinary observer, and of 
which even the careful and generally intelligent owner had no 
suspicion. They educate the people in useful knowledge, while 
they protect themselves and their clients. The establishment 
of a State system of fire prevention, which shall have cogni- 
zance of and be charged with duties in the enforcement of 
judicious laws for the inspection of property exposed to fire 
accidents, for the extinguishment of fires by public or private 
provision, and for regulating the building and maintenance of 
perishable structures, and other kindred laws, is a proper sub- 
ject for discussion, with cogent arguments in its favor. The 
authority of the State in the premises is clear, and the only 
question is of expediency, how far to assert it, and by what 
measures. By an Act of the last Legislature, a * department 
for the inspection of buildings ' was created in the city of 
Boston, under control of the municipal authorities, subject 
to the provisions of the statute. The law seems wisely adapted 
to its purposes, and, if enforced with fidelity and vigor, must 
produce results of high importance. So far as adaptable to 
local circumstances, similar provisions of law should be put in 
operation in all the cities and towns of the Commonwealth. 
The practical value of building and inspection laws will depend 
upon their administration. A code of laws may adorn the 
statute book, and yet serve no public use. Private interest is 
ordinarily more active than public spirit ; and, in the execution 
of laws which subordinate the immediate interests of the in- 
dividual to the common good, the personal hardship by their 
enforcement is apt to provoke more sympathy than the public 
injury from their neglect. To compel obedience to these laws 
may, in instances, occasion prejudice to the owner in the pres- 
ent enjoyment of his property ; but such a consideration cannot 
justly be weighed against the demand of the common safety, 
and ultimately all will share the common benefit." 



xxiv REPORT OF THE 

In the report to the Legislature last year, the present com- 
missioner, profiting by the experience and investigations of hifl 
predecessors, took advanced ground, and an abstract of what 
was then said on this matter is here repeated. 

The Startling Statistics of Fire "Waste. 

In the annual reports of this department, the commissioner has, for 
several years, called attention to the melancholy statistics revealing 
the enormous waste of values in this Commonwealth and country by 
fire. The year past has shown no improvement, and the matter is 
one of such serious moment as to demand the most careful attention 
of the Legislature. An average annual property destruction in Massa- 
chusetts amounting to four and a third million dollars, fully one-half 
of which arises from clearly preventable causes ; and a reported list 
during the past ten years of three thousand fires caused by incendi- 
arism, with scarcely a pretence of an investigation, and, so far as is 
known, hardly a single prosecution for the crime, — presents a record 
not pleasant to contemplate. ... If incendiarism is fairly charge- 
able with the proportion of fires thereto attributed ; if in this 
Commonwealth there is an average of one case of arson on every 
week-day, with substantially not a prosecution during the whole 
round year, — it is a startling commentary upon the indifference of 
the public to crime of this character, and a discredit to the laws and 
their enforcement. On the other hand, if too great a proportion of 
the whole number of fires is, from lack of careful investigation, 
attributed to intention or malice, some careful method should be 
devised for a more correct classification of losses. 

Under the present statute, the collection of statistics of fires 
depends upon the voluntary action of the city and town officials. 
The law, to be sure, makes it their duty to forward an annual return 
of the fire history of the year ; but, there being no penalty for fail- 
ure or refusal, it has been found impossible to secure promptness or 
completeness of return. In the majority of cases, the officials have 
appreciated the purpose of the law, and the efforts of the depart- 
ment to make as clear and comprehensive an exhibit as possible, 
and have given courteous and efficient aid ; but, in many instances, 
the local authorities have neglected, and, even after persistent appeals, 
refused, to make the simple returns required by tfte existing statute. 

These compilations for the past ten years, incomplete and imper- 
fect as they necessarily are, have been of value in showing the 
approximate extent of the yearly loss, and a rough estimate of the 
causes. But, more than this, they have developed the necessity for 
more careful investigation of causes, and more efficient means of 



INSURANCE COMMISSIONER. xxv 

lessening the prodigal drain upon the resources of the Commonwealth 
in preventable fires. 

The value of the buildings and personal estate contained therein, 
excluding bonds, stocks, etc., not ordinarily perishable from fire, 
and exclusive also of land, as shown by the return of the assessors, 
May 1, 1887, was $1,178,497,773. The fire loss for 1886 was 
84,579,530, or two-fifths of one percent, of the total value destroyed 
by fire. A summary of results in the last ten years shows that, out of 
18,000 fires, about 3,000 are reported as of incendiary origin, and 
fully 4,000 additional as "unknown," — altogether nearly forty per 
cent. ; yet the records of the courts fail to show that any consider- 
able effort is made to detect the offenders and bring them to justice. 
No doubt this is greatly due to insurance, which so largely removes 
the sense of pecuniary responsibility for losses from the community, 
and renders arson less heinous in the public estimate, as merely an 
offence against the insurance company, rather than a crime against 
the individual owner and the community. 

A general vicious sentiment has grown up, and prevails, that, as the 
company is the party against which the offence has been- done, and 
which alone suffers loss, it is the business of the insurance people to 
hunt down and punish the incendiary ; wholly losing sight of the fact 
that the company is merely the collector from the whole community 
of the funds with which to repair the effects of carelessness and 
crime. 

A half century ago, arson was classed as a capital crime, and it is 
but little longer since a person convicted of the offence was hanged 
in Massachusetts. To-day, not only have we the foregoing sad 
record, but, in cases of fire loss, the first question that springs to the 
lips is, " How much was the insurance?" And, when a sufferer suc- 
ceeds in collecting from an insurance company a sum popularly 
believed to be in excess of actual loss, it is a matter of almost uni- 
versal congratulation among neighbors, who themselves are actually 
paying this premium upon carelessness or crime, in their own exces- 
sive fire cost. 

As a matter of business, the companies are not interested in 
lessening the fire loss, — the greater the prevalence of fires, the more 
the insurance which prudence will compel to be carried, and the 
higher the price to be paid for it. Another and probably stronger 
reason has driven the companies more and more from attempts to 
investigate and punish this crime. If the attempt is made by the 
company to resist, or even closely investigate the cause of a loss, the 
word at once goes that it is trying to shirk the contract and defraud 
the loser. To such an extent has this prejudiced sentiment gone, 
that it is a common saying that companies cannot get justice in the 



xxvi REPORT OF THE 

courts. They have come to recognize this, and, coupled with the 
fact that litigation, with its adverse advertising, is more expensive 
than the payment of losses indiscriminately, have almost ceased to 
investigate causes of fires, or to resist losses. To-day, the compan' 
transacting business in this Commonwealth undoubtedly pay a hun- 
dred unjust claims or amounts in excess of actual loss, to one resist- 
ance of an honest demand. 

In this State, the yearly fire loss for the last ten years, as shown 
by the department statistics, has been an average of four and one- 
half millions. Nearly seventeen per cent, of the whole number of 
fires are reported as " incendiary," over twenty-two per cent. " un- 
known," and fifty-five per cent, of the remainder from causes clearly 
preventable. But, to reduce these appalling figures, it is apparent 
that an authoritative and compulsory investigation of causes must be 
made, and more sure punishment of offenders. 

The waste and havoc are almost as great as the annual tax for 
carrying on the State government ; yet the community looks on idly, 
and apparently without regret or care. If, instead of this loss being 
paid as now by the insurance companies, each man's tax levy was 
doubled, no doubt some would take notice of it, and remonstrate 
with the incendiary. 

The eight millions of dollars annually paid by the people of this 
Commonwealth for property insurance is a tax, nearly one-half of 
which is an amount over-paid, wrongfully wrung from the fruits of 
industry and toil ; and whatever legislation or plan reduces the 
hazard, lessens taxation and enhances the general material pros- 
perity. 

Of the two thousand suits served on the commissioner as attorney 
for foreign companies, within the period covered by these fire statis- 
tics, only six hundred are direct suits for all causes of difference 
between the companies and the insured, the greater mass being for 
disputed amount or title. But, even if all had been for criminal 
cause of fire, it would show barely one in five of the incendiary losses 
resisted. In fact, almost none were resisted for that cause. 

Preliminary to intelligent action so urgently demanded, it is essen- 
tial to know more fully and satisfactorily the cause of this wicked 
waste, and the degree in which it is fairly preventable, or in the 
category of crime. 

The existing statute was stated to be wholly inadequate, its 
requirements being practically voluntary, instead of mandatory : 
and the following bill was presented for the consideration of 
the Legislature, and its passage earnestly advocated : — 



INSURANCE COMMISSIONER. xxvii 

Sections 10 and 11 of chapter 35 of the . Public Statutes are 
hereby repealed. Section 1 of chapter 216 is amended to read as 
follows : — 

When property is destroyed by fire, it shall be the duty of the 
board of fire engineers, if in a city other than the city of Boston, 
and of the board of selectmen, if in a town, to make investigation 
of the causes, circumstances, and origin thereof, — especially to 
examine whether it was the result of carelessness or design. Such 
investigation shall be commenced within two days of the occurrence 
of the fire, not including the Lord's day. They shall present a written 
statement to the city or town clerk for careful record by him, in a book 
provided by the insurance commissioner, of all the facts relating to 
the cause, kind of property, amount of value destroyed, ownership, 
and such other particulars as may be called for in the form provided, 
and any other facts which to them seem pertinent ; and such record 
shall be made within two weeks of the occurrence of the fire. The 
book of record shall be kept in the office of the clerk of the city or 
town, and it shall be his duty to make transcript of such fire record 
for the year preceding, upon a blank form provided by the insurance 
commissioner, and forward same to the insurance department within 
fifteen days from the first day of January in each year. 

Whenever, from the investigation aforesaid, there appear reasonable 
grounds for believing the fire was caused by design, the chief of the 
board of fire engineers of the city, or the chairman of the board of 
selectmen of the town, shall apply to a police, district, or municipal 
court, or trial justice, for a jury of inquest ; and such court or justice 
shall forthwith issue a warrant to a constable of such city or town, 
requiring him to forthwith summon six good and lawful men of the 
county to appear before the court or justice, at a time and place 
expressed in the warrant, to inquire when and by what means the fire 
originated. 

Any of the herein-named city or town officials neglecting or refus- 
ing to comply with any of the requirements of this act, shall be 
punished by a fine of not less than twenty-five nor more than two 
hundred dollars. 

Section 7 is amended by striking out the following words : " or in 
the county of Suffolk with the clerk of the municipal court of the 
city of Boston." 

The proposed bill became a law by the approval of the 
Governor on the ninth day of April, 1888. Its operations 
have covered only a part of the year, and, while the best results 
have not, of course, been reached, it has clearly established its 



xxviii KEPORT OF THE 

practical value ; and, with the experience now gained, only the 
cordial co-operation of the city and town officials is required, 
to make it of effect and force in the future. 

These results are already foreshadowed : a marked decrease 
in the list of reported incendiary fires ; a very much larger 
number of legal and thorough investigations, where fires are 
apparently from design ; a more careful classification of the 
originating causes of loss ; a number of prosecutions and con- 
victions for incendiarism. And, while the law may not result, 
in the future, in a proportionate increase of convictions, there 
can be little doubt that the fact that, under its provisions, 
there must be a rigid investigation whenever reason exist- to 
suspect intentional loss, will tend to deter the would-be in- 
cendiary from his crime. 

A review of the progress of this line of legislative action has 
here been made, in part to afford the chief engineers and select- 
men a good understanding of the purpose of the statute, and 
what, with their cordial co-operation, may be accomplished 
under it in giving completeness and value to the reports of this 
department, and towards the prevention of fires. If these 
officials diligently seek out the cause of every fire, reporting 
the facts as found, they will accomplish vastly more towards 
the reduction of the fire waste than has been done by all of the 
convictions for arson within the Commonwealth. 

The chief engineers, selectmen, and town and city clerks 
merit the special thanks of this department and the public for 
the intelligent and earnest manner in which they have striven 
to make the reports full, complete, and with promptness, and 
their efficient and willing aid is gratefully recognized. 

While the statute does entail some additional labor upon 
town and city officials, it creates no new boards ; the machin- 
ery for carrying out its provisions is already in existence, in 
complete working order ; and the costs of inquests may be 
cheerfully borne, in view of the vast interests at stake, and the 
additional security of property and life — for arson involves 
lives in its fateful results — to be secured by its strict enforce- 
ment. 

In all cases of suspicion or doubt, it would be wise for the 
insurers to delay payment upon the policies until the investi- 
gation has been concluded ; not permitting an over-eager haste 



INSURANCE COMMISSIONER. xxix 

to secure a reputation for prompt payment to interfere with the 
wise precautions incident to the effort to prevent fraud. In 
one instance, within the past year, the local authorities had 
reason to believe that a fire was of criminal origin ; but, w r hile 
they were making research, one of the " too swift" adjusters 
came upon the scene, and, waiting not for inquiry or informa- 
tion, promptly declared that it had cl< arly been " an honest 
fire," — as if his affirmation could confer the element of probity 
upon a conflagration, — and that the companies he represented 
were ready to pay the insurance without delay. What could 
the puzzled town officials do but abandon their intended 
investigation? But the act was none the less an indefensible 
offer of reward for the commission of crime. 

Table XIV., as will be seen, by giving the value of property 
at hazard, shows the percentage of insurance paid to total 
value, as well as to actual loss. The average amount paid to 
the total insurance upon the property damaged has been only 
28 per cent., while the payments have been 74 per cent., of the 
actual total loss. 

A new table has been this year added, giving the fires by 
months during eleven years. The results presented in this 
tabulation are curiously interesting. Few persons w r ould select 
July as the period when the largest number of fires occur, that 
month last year having a conspicuously bad record ; but else- 
where it is shown that during this month 176 dwelling-houses 
(being 86 above the average for the year) and 41 barns 
and private stables (20 above a like average) were burned in 
July of last year; and that there were 87 fires from fire- 
crackers, practically all during July, and 42 fires from light- 
ning, one-half in the same period, in part explaining the 
peculiar distinction of the month. 

Of the fires from known causes other than incendiary, fully 
four-fifths were from clearly preventable causes, — one-half 
arising from criminal carelessness ; almost two hundred fires 
from defective chimneys, — from careless or wilful wickedness 
of construction. If there is not to be established by law some 
system of strict inspection of new buildings, it is time to con- 
sider whether insurers should not be absolutely debarred from 
paying insurance upon buildings burned, where it is proven that 
the fire arose from criminal carelessness of construction. Such 



XXX 



REPORT OF THE 



a statute might work hardship in case of innocent purchasers 
of improperly built structures; but what as to the architect or 
builder directly responsible? Why should not they he held to 
accountability? And, in the instance of the original owner, 
the man who constructs or permits to be constructed a build- 
ing where defects are certain, sooner or later, to bring destruc- 
tion by fire, he surely is as little entitled to be reimbursed in 
case of loss, — as little deserving this reward as the midnight 
prowler who applies the incendiary's torch. 

The number of fires, as reported in the several cities and 
towns, and the loss thereby sustained, are as follows : — 





No. of Fires 






No. of Tiros 






reported 


Loss. 




reported 


Loss. 




where loss 






where loss 






occurred. 






occurred. 




Abington, 


9 


$1,620 1 


Bourne, . 


* 


_ 


Acton, 


2 


518 


Boxborongh, . 


* 


— 


Acushnet, 


* 


— 


Box ford, . 


4 




Adams, 


1 


1,900 


Boylston, . 


1 


700 


Agawam, . 


1 


1,000 


Bradford, 


2 


100 


Alford, . 


* 


— 


Braintree, 


8 


2,610 


Amesbnry, 


19 


451,584 


Brewster, 


1 


15, 


Amherst, . 


7 


68,350 


Bridge water, . 


4 


-1 735 


Andover, . 


7 


8,701 


Brimfield, 


3 


\ 


Arlington, 


6 


8,194 


Brockton, 


30 


36,268 


Ashburnham, . 


3 


2,421 


Brookfield, 


7 


25,2:5-3 


Ashby, 


1 


20 


Brookline, 


22 


8,385 


Ashfield, . 


1 


625 


Buckland, 


* 


— 


Ashland, . 


2 


3,080 


Burlington, 


2 


2,932 


Athol, 


3 


8.634 


Cambridge, . 


62 


71,519 


Attleborough, . 


1 


400 


Canton, . 


10 


,370 


Auburn, . 


4 


901 


Carlisle, . 


1 


500 


Avon, 


10 


54,665 


Carver, . 


5 


1.075 


Ayer, 


4 


12,708 


Charlemont, 


1 


3,000 


Barnstable, 


2 


60 


Charlton, . 


2 


6,390 


Barre, 


8 


6,700 


Chatham, 


1 


310 


Becket, 


2 


2,600 


Chelmsford, 


2 


1,450 


Bedford, . 


1 


1,800 


Chelsea, 


32 


47,291 


Belchertown, . 


6 


6,715 


Cheshire, . 


3 


1,925 


Bellingham, 


3 


7,316 


Chester, . 


3 


1,135 


Belmont, . 


2 


1,300 


Chesterfield, . 


2 


1,400 


Berkley, . 


1 


500 


Chicopee, 


3 


918 


Berlin, 


1 


200 


Chilmark, 


* 


- 


Bernardston, . 


3 


16,130 


Clarksburg, 


* 


- 


Beverly, . 


9 


14,848 


Clinton, . 


6 


1,735 


Billerica, . 


2 


12,180 


Cohasset, . 


3 


400 


Blackstone, 


15 


42,293 


Col rain, . 


1 


400 


Blandford, 


* 


— 


Concord, . 


3 




Bolton, 


2 


890 


Conway, . 


3 


1,024 


Boston, . 


535 


1,031,677 


Cottage City, . 


1 


50 



* Reported "No fires." 



INSURANCE COMMISSIONER. 



XXXI 





No. of Fires 






No. of Fires 






reported 


Loss. 




reported 


Loss. 




where loss 






where loss 






occurred. 






occurred. 




Cummington, . 


* 




Hamilton, 


2 


$865 


Dalton, 


* 


— 


Hampden, 


* 


— 


Dana, 


3 


$2,850 


Hancock, . 


1 


142 


Dan vers, . 


1 


20 


Hanover, . 


1 


800 


Dartmouth, 


3 


5,970 


Hanson, . 


* 


— 


Declham, . 


15 


94,600 


Hard wick, 


4 


465 


Deerfield, 


2 


1,625 


Harvard, . 


3 


10,025 


Dennis, 


* 


— 


Harwich, . 


1 


900 


Dighton, . 


1 


1,000 


Hatfield, . 


1 


50 


Douglas, . 


2 


700 


Haverhill, . 


40 


103,539 


Dover, 


3 


1,915 


Hawley, . 


* 


- 


Dracut, 


4 


8,850 


Heath, 


1 


750 


Dudley, . 


1 


1,200 j 


Hingham, 


6 


7,030 


Dunstable, 


* 


- 


Hinsdale, . 


3 


60,131 


Duxbury, 


1 


525 


Holbrook, 


7 




E. Bridge water, 


8 


66,671 


Holden, . 


1 


200 


Eastham, . 


1 


1,200 


Holland, . 


1 


1,500 


Eastharapton, . 


3 


5,540 


Holliston, 


8 


13,274 


Easton, 


5 


7,775 


Holyoke, 


26 


427,155 


Edgartown, 


1 


1,200 ! 


Hopedale, 


3 


270 


Egremont, 


* 


- 


Hopkinton, 


4 


531 


Enfield, . 


2 


1,013 


Hubbardston, . 


2 


1,545 


Erving, 


4 


6,825 


Hudson, . 


12 


14,134 


Essex, 


* 


— 


Hull, 


* 


_ 


Everett, . 


5 


5,119 


Huntington, 


* 


_ 


Fairhaven, 


1 


2,700 


Hyde Park, 


10 


10,779 


Fall River, . 


55 


80,841 


Ipswich, . 


7 


4,610 


Falmouth, 


1 


225 


Kingston, 


7 


3,600 


FlTCHBUKG, 


25 


36,109 


Lakeville, 


1 


1,400 


Florida, . 


3 


4,450 


Lancaster, 


2 


775 


Foxborough, . 


3 


1,955 


Lanesborough, 


1 


6 


Framinghatn, . 


5 


1,805 


Lawrence, 


32 


8,788 


Franklin, . 


8 


7,044 


Lee, . 


4 


66,593 


Freetown, 


3 


1,375 


Leicester, 


1 


10 


Gardner, . 


5 


13,198 


Lenox, 


* 


_ 


Gay Head, 


* 


- 


Leominster, 


10 


11,156 


Georgetown, . 


2 


2,050 


Leverett, . 


1 


525 


Gill,. 


1 


2,500 


Lexington, 


5 


4,993 


Gloucester, . 


19 


15,743 


Ley den, . 


* 


— 


Goshen, • 


* 


— 


Lincoln, . 


* 


_ 


Gosnold, . 


1 


100 


Littleton, . 


1 


1,850 


Grafton, . 


6 


1,465 


Longmeadow, . 


* 


_ 


Gran by, . 


1 


58 


Lowell, . 


53 


176,166 


Granville, 


2 


1,140 


Ludlow, . 


* 


_ 


Gt. Barrinffton, 


4 


18,665 


Lunenburg, 


* 


— 


Greenfield, 


4 


33,350 


Lynx, 


76 


206,393 


Greenwich, 


* 


— 


Lynn field, 


1 


80 


Groton, 


3 


1,505 


Malden, . 


21 


14,248 


Groveland, 


1 


8,728 


Manchester, 


2 


55 


Hadley, . 


8 


8,932 


Mansfield, 


6 


24,056 


Halifax, . 


* 




Marblehead, 


54 


526,550 



Reported "No fires." 



XXX11 



REPORT OF THE 





No. of Firt-8 






So. of Fires 






reported 


Loss. 




reported 


Lom. 




where loss 






where loss 






occurred. 






occurred. 




Marion, . 


* 




Oakham, . 


2 


si. 000 


Marlborough, 


7 


f 1,330 


Orange, . 


4 


1,749 


Marshfield, 


1 


2,200 


Orleans, . 


* 


_ 


Mashpee, . 


t 


- 


Otis,. 


* 


— 


Mattapoisett, 


1 


1,000 


Oxford, . 


3 


10,601 


Maynard, . 


2 


4,180 


Palmer, . 


7 


2,875 


Medfield, . 


* 


- 


1 'ax ton, . 


3 


2,900 


Medford, . 


6 


27,880 


Peabody, . 


9 


35. 


Medway, . 


7 


1,547 


Pelham, . 


1 


700 


Melrose, . 


15 


29,938 


Pembroke, 


1 


1,465 


Men don, . 


3 


4,695 


Pepperell, 


4 


2,680 


Merrimac, 


4 


531 


Peru, 


1 




Methuen, . 


6 


17,000 


Petersham, 


2 


1,810 


Middleborough 


8 


27,301 


Phillipston, 


* 


— 


Middlefield, 


* 


— 


Pittsfield, 


13 


46,217 


Middleton, 


1 


25 


Plaintield, 


* 


_ 


Milford, . 


12 


5,370 


Plymouth, 


12 


13.228 


Mill bury, . 


11 


11,138 


Plympton, 


1 


400 


Millis, . 


1 


10 


Preseott, . 


1 


300 


Milton, . 


5 


1,569 


Princeton, 


2 


7,525 


Monroe, . 


* 


— 


Provincetown, . 


6 


80 


Monson, . 


3 


85 


Qunrcr, . 


16 


26,425 


Montague, 


8 


1,375 


Randolph, 


8 




Monterey, 


2 


915 


Raynham, 


1 


2,000 


Montgomery, 


1 


650 


Reading, . 


2 


700 


Mt.Washingtor 


L, 1 


300 


Rehoboth, 


2 


1,700 


Nahant, . 


1 


50 


Revere, . 


7 


12,050 


Nantucket, 


1 


75 


Richmond, 


* 


— 


Natick, 


22 


13,010 


Rochester, 


2 


900 


Needham, 


5 


9,575 


{ Rockland, 


2 


1,975 


New Ashford, 


* 


- 


Rockport, 


1 


3,000 


New Bedfore 


44: 


56,774 


Rowe, 


1 


1,075 


New Braintree 


* 


- 


| Rowley, . 


3 


2,889 


Newbury, 


* 


- 


Royalston, 


1 


550 


Newburypori 


9 


12,122 


Russell, . 


* 


- 


New Marlboro 


1 


1,000 


Rutland, . 


2 


6,585 


New Salem, 


3 


2,405 


Salem, . 


2Z 


59.«;77 


Newton, 


8 


8,241 


Salisbury, 


1 


175 


Norfolk, . 


3 


4,750 


Sandisfield, 


1 


1,600 


North Adams, . 


21 


10,040 


Sandwich, 


1 


1,125 


Northampton 


19 


91,094 


Saugus, . 


* 


- 


North Andovei 


6 


3,675 


Savoy, 


1 


250 


N.Attleborougfj 


t, 1 


191 


Scituate, . 


4 


817 


Northborough, 


3 


1,040 


Seekonk, . 


2 


185 


Northbridge, 


1 


3,000 


Sharon, . 


6 


7,334 


N'th Brookfield 


I, 4 


2,125 


Sheffield, . 


3 


1.104 


Northfield, 


* 


— 


Shelburne, 


1 


14.500 


North Reading 


2 


70 


Sherborn, 


1 


1,200 


Norton, . 


5 


5,300 


Shirley, . 


2 


785 


Nor well, . 


* 


- 


Shrewsbury, . 


3 


1,700 


Norwood, 


8 


16,836 


Shutesbury, 


* 


— 



* Imported " No fires." 



| Net reported. 



INSURANCE COMMISSIONER. 



XXX 111 





So. of Fires 






No. of Fires 






reported 


Loss. 




reported 


Loss. 




where loss 






where loss 






occumd. 






occurred. 




Somerset, 


6 


|6,700 


Washington, . 


* 




SOMERVILLE, . 


23 


5,605 


Watertown, 


11 


$8,373 


Southampton, . 


* 


- 


Wayland, . 


* 


- 


Southborough, . 


4 


7,85G 


Webster, . 


5 


7,415 


Southbridge, . 


5 


9,590 


Wellesley, 


4 


51,714 


South lladley, . 


4 


9,450 


WelMeet, . 


2 


1,115 


Southwiek, 


* 


— 


Wendell, . 


* 


— 


Spencer, . 


10 


10,064 


Wenham, . 


1 


350 


SPRINGFIELD, . 


40 


181,265 


Westborough, . 


8 


2,988 


Sterling, . 


1 


540 


West Boylston, 


7 


3,785 


Stock bridge, . 


1 


340 


W. Bridge/water, 


5 


2,550 


Stoneham, 


4 


2,995 


W. Brookfield, 


1 


500 


Stoughton, 


3 


1,250 


Westfield, 


22 


16,768 


Stow, 


1 


2,100 


Westford, 


* 


— 


Sturbridge, 


2 


1,450 


Westhampton, . 


1 


1,000 


Sudbury, . 


5 


8,851 


Westminster, . 


1 


1,000 


Sunderland, 


* 


— 


West Newbury, 


* 


— 


Sutton, 


6 


5,750 


Weston, . 


* 


— 


Swampscott, 


2 


995 


Westport, 


1 


40 


Swanzey, . 


2 


1,625 


W.Springfield, 


1 


1,500 


Taunton, 


20 


17,464 


W. Stockbridge, 


1 


700 


Templeton, 


4 


8,795 


Weymouth, 


19 


12,455 


Tewksbury, 


* 


- 


Whately, . 


2 


3,625 


Tisbnry, . 


1 


10 


Whitman, 


12 


2,770 


Tolland, . 


1 


75 


Wilbraham, 


t 


— 


Topsfield, 


* 


- 


Williamsburg, . 


2 


380 


Townsend, 


1 


1,100 


Williamstown, 


2 


1,325 


Truro, 


1 


45 


Wilmington, . 


2 


5,700 


Tyngsborough, 


* 


- 


Winchendon, . 


6 


2,010 


Tyringham, 


1 


100 


Winchester, 


8 


10,380 


Upton, 


2 


1,000 


Windsor, . 


* 


— 


Uxbridge, 


3 


2,150 


Winthrop, 


4 


9,675 


Waketield, 


4 


899 


Woburn, 


19 


17,173 


Wales, . 


t 


— 


Worcester, . 


90 


30,534 


Walpole, . 


6 


3,045 


Worthington, . 


2 


600 


Waetiiam, 


33 


15,985 


Wrentham, 


1 


500 


Ware, 


7 


4,436 


Yarmouth, 


* 


_. 


Wareham, 


4 

8 


1,800 
4,900 








Warren, . 






Warwick, 


1 


475 


Total, . 


2,446 


$5,385,377 



* Reported «« No fircB." 



f Not reported. 



The Friends of Other Days. 

Keceiverships we have ever with us ; two remain unclosed. 
Of the $614.04 remaining one year ago in the hands of the 
receiver of the Neptune, $271.64 was paid out ; and, acting 
under a decree of the supreme court, dated Jan. 28, 1888, it is 



xxxiv REPORT OF THE 

hoped that a final conclusion will shortly be reached in relation 
to the balance of $342.40. 

In case of the City Mutual Fire, the receiver lias paid 
$168.96 during the year, now holding a balance of ". 

There seems to be no reason why these balances should not 
be deposited with the State treasurer, as provided by law. 

The commissioner gratefully acknowledges the zeal mani- 
fested by the officers of the various companies in furnishing 
their reports with accuracy and completeness, by which the 
work of the department has been greatly facilitated. The 
design is, to present in the annual reports the business, not 
it appears to the officers of the companies, or upon the boo! 
on the thirty-first day of December, but as transacted and 
completed up to that date. This, of course, necessitates, in 
case of the larger companies, an extension of time to secure full 
agency reports. But, as was concisely stated by a former 
superintendent of the Xew York department, "The report is 
not issued for the purpose of conveying news merely, but to 
furnish full, carefully compiled and reliable data; and there 
seems to be more need for care, correctness and deliberation, 
than for haste, in its preparation." 

Concerning Compensation. 

The expenses of the insurance department are not borne by 
the Commonwealth, being paid from the license and other fi 
established therefor, and by special valuation tax which the life 
companies pay for this particular purpose : all such being in 
addition to the legal taxes paid by these in common with other 
corporations. So largely has the business of the department 
increased, that, after paying from these sources all of the ex- 
penditures of this department, there remained the past year the 
sum of $19,919.86, which was converted into the treasury. 
For several }-ears prior to 1876, the salary of the commissioner 
was fixed at $5,000, and that of the deputy at $3,000; in the 
year named, the former salary was reduced to $4,000, and that 
of the deputy to $2,500; in the general reduction of 187 
the former was cut down to $3,000. Nearly every principal 
salary then reduced has since been restored, and in a large 
number of cases advanced. In 1878, the valuations made by 



INSURANCE COMMISSIONER. xxxv 

the department of life policies, amounted to $1,434,000,000 ; in 
1888, this had grown to $2,885,000,000. In 1878, the amount 
of fire and marine insurance written in Massachusetts, over 
which the department had supervision, was, in round numbers, 
$733,000,000; in 1888, it was $1,096,000,000. The work of 
the department, in connection with the issuance of licenses and 
certificates, has nearly doubled during the same period. In 
addition, the vast business of the assessment and fraternal 
associations, reaching hundreds of millions of dollars, has been 
imposed, as an entirely new matter, upon the department, dur- 
ing the ten years past. It has been fortunate for the depart- 
ment that the present deputy commissioner, Mr. W. S. Smith, 
is an accomplished actuary. Since his appointment, he has 
assumed the duties of both positions, the statistics showing 
that with his coming there was at once effected a saving of 
$4,000 a year, theretofore paid for actuarial supervision, and 
yet another $4,000 by a re-arrangement of the work under his 
direction. The retirement of Mr. Smith from the department 
to-day would necessitate not only the appointment of a deputy, 
but the addition also of an actuary, at a salary of not less than 
$5,000 per year. It would seem eminently just that the 
salaries of the commissioner and deputy should be restored to 
the figures prior to 1879. 

The Finances of the Department. 
The cash income of the department for the year 1888 was 
$42,079.41, of which $14,740.31 was for valuation of life 
policies, and $27,339.10 from license and other fees. The 
total expenditure was $22,159.55 ; surplus accruing to the 
treasury of the Commonwealth, $19,919.86. The receipts 
were $3,934.76 ; the expenditures, $1,677.18 ; and the balance 
accruing to the treasury, $2,257.47, in excess of the previous 
year. The receipts, and, with a single exception, the balance 
turned over to the Commonwealth, were the largest in the 
history of the department. (Details in Table XIX.) 

Respectfully submitted, 

GEO. S. MERRILL, 

Insurance Commissioner. 



COMPARATIVE TABLES. 



Comparative Table A. — Massachusetts Mutual Fire Insurance 

Companies. 





1887.* 


1888.* 


Increase In 1888. 


Assets, including deposit 
notes, 


$20,466,613 


$26,186,610 


$5,719,997 


Liabilities, . 


3,476,894 


3,739,737 


262,843 


Cash surplus, 


5,156,397 


5,408,394 


251,997 


income, 


3,747,373 


4,019,191 


271,818 


Expenditures, 


3,249,941 


3,494,407 


244,466 


Risks written, 


333,109,600 


347,696,325 


14,586,725 


Net premiums received, 


3,328,414 


3,546,681 


218,267 


Risks outstanding, 


571,189,378 


601,106,136 


29,916,758 


Losses paid, .... 


782,259 


845,629 


63,370 


Losses incurred, . 


756,822 


886,894 


130,072 


Assessments collected, . 


6,576 


11,553 


4,977 


Profits returned, 


1,897,741 


2,048,197 


150,456 


Expenses, .... 


539,652 


564,942 


25,290 



* Forty-nine companies. 



xl 



REPORT OF THE 



Comparative Table B. — Massachusetts Mutual Marine Insurance 

Companies. 





1887.* 


1888.* 


Increase or 
Decrease in 1888. 


Assets, 


$1,046,228 


$1,028,501 


—$17,727 


Liabilities, .... 


230,945 


266,032 


35,087 


Surplus, 


815,283 


762,469 


—52,814 


Income, 


448,779 


558,062 


109,283 


Expenditures, 


636,895 


703,154 


66,259 


Risks written, 


34,312,085 


37,493,455 


3,181,370 


Net premiums received, 


420,678 


529,219 


108,541 


Losses paid, .... 


388,484 


515,264 


126,780 


Losses incurred, . 


466,274 


543,591 


77,317 


Risks outstanding, 


9,231,272 


11,806,852 


2,575,580 


Expenses, .... 


84,776 


97,120 


12,344 


Scrip dividends declared, 


37,960 


19,450 


—18,510 


Scrip redeemed, 


117,540 


57,344 


—60,196 


Scrip outstanding, . 


715,792 


674,528 


—41,264 



* Two companies. 



INSUKANCE COMMISSIONER. 



xli 



Comparative Table C. — Massachusetts Joint-Stock Insurance 

Companies. 





1887.* 


1888.t 


Increase or 
Decrease in 1888. 


Cash capital, .... 


$6,457,200 


§5,257,200 


—$1,200,000 


Assets, 


13,572,488 


11,551,150 


—2,021,338 


Liabilities, .... 


4,584,523 


3,454,879 


—1,129,644 


Surplus, 


8,987,965 


8,096,271 


—891,694 


Income, 


6,120,172 


4,904,670 


—1,215,502 


Expenditures, 


5,835,722 


4,454,436 


— 1,381,286 


Fire risks written, . 


404,085,428 


300,425,723 


—103,659,705 


Fire premiums received (net), 


3,972,243 


3,072,892 


—899,351 


]\Xarine risks written, 


149,848,319 


97,534,077 


—52,314,242 


Marine premiums received 
(net), 


1,604,474 


1,294,442 


—310,032 


Fire losses paid, . 


2,329,771 


1,785,868 


—543,903 


Marine losses paid, 


1,245,909 


911,416 


—334,493 


Fire losses incurred, 


2,416,404 


1,767,791 


—648,613 


Marine losses incurred, . 


1,522,758 


1,008,071 


—514,687 


Fire risks outstanding, . 


492,151,512 


374,958,934 


—117,192,578 


Marine risks outstanding, 


14,794,811 


15,665,377 


+870,566 


Expenses, .... 


1,788,219 


1,320,950 


—467,269 


Cash dividends declared, 


467,932 


433,932 


—34,000 



* Sixteen companies. 



f Fourteen companies. 



xlii 



REPORT OF THE 



Comparative Table D. — Fire and Marine Insurance Companies of 

other States. 



1887. # 



1888-t 



Increase or 
Decrease In 1888. 



Cash capital, 

Assets, . 

Liabilities, 

Surplus, . 

Income, . 

Expenditures, 

Fire risks written, 

Fire premiums received (net), 

Marine risks written, 

Marine premiums received 
(net), .... 

Fire losses paid, 

Marine losses paid, 

Fire losses incurred, 

Marine losses incurred, . 

Fire risks outstanding, . 

Marine risks outstanding, 

Expenses, 

Cash dividends declared, 



$51,712,020 

155,159,714 

59,387,012 : 

95,772,702 j 

71,183,667 

67,972,259 

6,382,584,798 

55,670,152 

1,322,765,804 

8,683,527 

32,835,087 

5,673,717 

33,678,215 

6,081,965 

7,812,064,150 

175,129,498 

21,949,154 

5,513,522 



152,722,235 

165,110,132 

63,693,001 

101,417,131 

75,283,585 

70,403,498 

7,049,845,355 

59,908,911 

1,315,239,461 

8,009,616 

34,351,865 

5,328,439 

34,397,075 

5,155,714 

8,653,088,081 

182,398,861 

23,349,026 

5,239,991 



$1,010,215 
9,950,418 
4,305,989 
5,644,429 
4,099,918 
2,431,239 

667,260,557 
4,238,759 

—7,526,343 

—673,911 

1,516,778 

—345,278 

718,860 

—926,251 

841,023,931 

7,269,363 

1,399,872 

—273,531 



* One hundred and eight companies. f One hundred and thirteen companies. 



INSURANCE COMMISSIONER. 



xliii 



Comparative Table E. — United States Branches of Foreign 

Companies. 



1887.* 



1888. f 



Increase or 
Ik-crease In 1888. 



Cash capital, .... 


$7,815,000 


Assets in United States, 


40,253,485 


Liabilities in United States, . 


22,110,816 


Surplus, . . 


18,142,669 


Income, 


29,603,683 


Expenditures, 


26,746,371 


Fire risks written, . 


3,379,683,141 


Fire premiums received (net) , 


26,273,394 


Marine risks written, . 


419,551,370 


Marine premiums received 
(net), 


1,856,496 


Fire losses paid, . 


16,922,627 


Marine losses paid, 


785,372 


Fire losses incurred, 


17,238,275 


Marine losses incurred, . 


679,070 


Fire risks outstanding, . 


3,479,172,262 


Marine risks outstanding, . 


20,605,148 


Expenses, .... 


9,038,371 



$7,676,000 


—$139,000 


40,914,805 


661,320 


22,828,549 


717,733 


18,086,256 


—56,413 


30,844,889 


1,241,206 


27,208,384 


462,013 


3,563,783,074 


184,099,933 


27,251,302 


977,908 


497,198,693 


77,647,323 


2,164,048 


307,552 


16,776,529 


—146,098 


973,087 


187,715 


16,712,944 


—525,331 


957,249 


278,179 


3,727,616,471 


248,444,209 


21,859,647 


1,254,499 


9,458,769 


420,398 



* Twenty-seven companies. 



t Twenty-six companies. 



xliv 



REPORT OF THE 



Aggregates of all the Companies. 





1887. 


1888. 


Increase or 
Decrease in 1888. 


Cash capital, 


865,984,220 


865,655,435 


—$328,785 


Assets, including deposit 
notes of mutual cos., 


230,498,528 


244,791,198 


14,292,670 


Liabilities, .... 


89,790,190 


93,982,198 


4,192,008 


Surplus, 


128,880,016 


133,770,521 


4,890,505 


Income, .... 


111,103,674 


115,610,397 


4,506,723 


Expenditures, 


104,441,188 


106,263,879 


1,822,691 


Fire risks written, 


10,499,462,967 


11,261,750,477 


2, 287, 5 10 


Fire premiums received (net) , 


89,244,203 


93,779,786 


4,535,583 


Marine risks written, . 


1,926,477,578 


1,947,465,686 


20,988,108 


Marine premiums received 
(net), .... 


12,565,175 


11,997,325 


—567,850 


Fire losses paid, . 


52,869,744 


53,759,891 


890,147 


Marine losses paid, 


8,093,482 


7,728,206 


—365,276 


Fire losses incurred, . 


54,089,716 


53,764,704 


—325,012 


Marine losses incurred, 


8,750,067 


7,664,625 


—1,085,442 


Fire risks outstanding, 


12,354,577,302 


13,356,769,622 


1,002,192,320 


Marine risks outstanding, . 


219,760,729 


231,730,737 


11,970,008 


Expenses, .... 


33,400,172 


34,790,807 


1,390,635 


Cash dividends declared, 


5,981,454 


5,673,923 


—307,531 



INSURANCE COMMISSIONER. 



:lv 



Comparative Table F. — Massachusetts Business* 



1887. 



1888. 



Increase or 
Decrease in 1888. 



Fire risks written, . 
Fire premiums received, 
Fire losses paid, . 
Fire losses incurred, 
Marine risks written, . 
Marine premiums received, 
Marine losses paid, 
Marine losses incurred, 



1765,304,046 
8,371,714 
3,180,244 
3,136,774 
254,807,970 
2,652,548 
1,915,474 
2,056,263 



$832,038,483 
8,702,006 
3,732,835 
4,444,322 
263,883,049 
2,659,078 
1,872,456 
1,696,009 



$66,734,437 

330,292 

552,591 

1,307,548 

9,075,073 

6,530 

—43,018 

—360,254 



* For details of this business, see Table XIII. 



Comparative Ratios of Table F. 





1887. 


1888. 


Increase or 
Decrease in 

1888. 


Fire premiums received to risks written, 


1.09 


1.05 


—3.67 


Fire losses incurred to risks written, 


.41 


.53 


29.27 


Fire losses incurred to premiums received, 


37.47 


51.07 


36.30 


Marine premiums received to risks written, . 


1.04 


1.01 


—2.88 


Marine losses incurred to risks written, . 


.80 


.64 


—20.00 


Marine losses incurred to premiums received, . 


77.52 


63.78 


—17.72 



xlvi REPORT OF THE tNSURANCE COMM'R. 



Table G. — Fire Risks written, Premiums received, and Losses 
incurred in Massachusetts during the Decade. 





Fire Hisks Written. 


Premiums 

Received. 


Losses Incurred. 


Ratio of 


Year. 


Premiums 

Received to 

Risks Written. 


Losses 

Incurred to 

Risks Written. 


1879, . 


$520,814,369 


$5,026,482 


f2,500,451 


.96 


.48 


1880, . 


609,132,542 


5,479,752 


3,055,272 


.90 


.50 


1881, . 


642,542,633 


5,815,354 


2,884,047 


.91 


.45 


1882, . 


686,030,272 


6,244,053 


4,915,949 


.91 


.72 


1883, . 


710,197,514 


6,896,367 


3,763,949 


.97 


.53 


1884, . 


655,613,160 


7,067,149 


3,865,956 


1.08 


.59 


1885, . 


661,380,951 


7,402,583 


3,132,235 


1.12 


.47 


1886, . 


694,473,662 


7,838,425 


3,369,294 


1.13 


.49 


1887, . 


765,304,046 


8,371,714 


3,136,774 


1.09 


.41 


1888, . 


832,038,483 


8,702,006 


4,444,322 


1.05 


.53 



STATISTICAL TABLES 



xlviii 



REPORT OF THE 




CO ■* 

© !-H 

1-1 -*« 

i-l >o 



© OH?l 

CM CO ©CO 

-T ' ooTi-T 



t- t- tC i-i -* 

co o i- t— t— 

Tl-Xfjrt 



CO CO CO -* 
CI O O a 
© © t— 1*5 



ci ::c:-.o 
i- oo •". /• i - 
i- o '/. :i -f 



co i- © -i co 
oo os cm to t- 

-T 3. - 



»C i— i 
t- CO 

U3 © 



to a ■- ci 

CM •« -* © 

n iCi 



OM'M-O 
CN n nCO 



co »- r- co oo 



i- © © -H 

O I- O 00 

I— CM i— 00 



•re -* •— 00 x 

n cc to - 1 o 

© X CI -f ^i 



l ~ ,"2 CO « 



■ -T _* CO 

i®oo--= 



iqSZiooo 

OlU'C ->■ so 
c i ■- cc c i eo 

-^ — ' ©' c 1 o 
-o g sc ■- ci 

CI i - I— CO 



o :. •: -t a 
a -r ■-. CI CM 



M CM 
DC l~ 

o © 



© .O -t I- © 
CO © I— 'O 33 



z to CI CO iC 

ie /. r, d ■* 

00 ilj C CI O 



OO — CI -T 
C C 30 I- © 
CC CO X 35 
1 tO***? 1-4 
CM X i— CI 
i— CI 



-"TOO CO 
I- I- ST. CI CI 

-. — 3 



- i- -r 
— to to l- i.O 
CO — SO 80 3» 

o* c I • c* —" pa 



CO 

e 

a 

co 
5- 



C» lR r-l O 3) 
CI I- CI O X 
O 3". © CC O 



CO CI CO CO o 
— C I >-0 — r-i 
I- l~ © CM t— 



iC © CC i— CO 

© CI -r CO o 

K -r — — i-i 



l-ifltOOh 

n — -f -* CO 
t- CI tO I- © 



-1" — lC >« CO 

e a -t to o 
x^ecc-t 



CO -t i-C BO l- 

i- co co : i o 
•— © ■-. to CI 



— 3. 
I- 3". 






«!► 



0OHH 
O CO 
<M CO 



CO O O CO iO 
© n «C -* CM 
r-i CO CM 



T * CI JO 

•O ** © CO 

CO 30 



CM — "C © X 

t- 'tC © CM i-l 
C" CI co »o 



© -# ~ © l~ 
ir -r CC CC irt 
M CI CI © I— 



M Jl CC 31 i.C 
© — © n l- 
00 CO CI © o 



© — x -o r. 



uc no oc :: t 
■re CI . 

-Z t— © iC -T 



t- CO X CI CI 

i- x — 

OMiC 3. 3. 



X (- © CO ■— i 

CC •" i - r C ; 

r- tC ; -J - 



•t-t naco 

©CM r-i © 
«=> CO 



i— I O X CI >o 

CO t- CO rl i-H 
-* i-l CO 



i— .C itc t— ■+ 

-f X i-i i-C CI 

CM CM 



1-1 CO T 



Ut3 kC C3 :'. 3- 

•<f uO © CO I- 

n CO CO eo 



cs to 



CO t~ CO -* CO 

i— i—l ii CM © 
© © © T t- 



© © © t— I-l 

CI '~ T CC CO 
fl-l-|H« 



M I- O C t- 
•3 i- .r. i- CC 
© - CI CI — 



a »t i- :: "z 

OiOXMOt 

C. .CtntN 



■ c ooaoo 
1-1 I— - 

3. I- . »• -f 



r~ oo C i-C co 

I- X CC X I- 



it: i- x irt -r 

•«■ eo cc i- ci 
© CO to — _ 

© i— "©" 



1< CI r^ CM © 

-r -f c: .-. to 

© l- CO © C3 



^- © — i- cc 

I r X 3 CC 

•It CO t^ CC CI 



CO i-C DC — '3 

T X - 



z i- c — . -c 
f: ci — 3 3 
•-" -r — 



3 3. 
i- « 

o t: 



so 

<a> 

eo 

O 

e 

oo 

«0 



P5 



•* © CM © l~ 

CciiMD 
CC (O 3- CO -r 



sa: 



© © >C CC CI 
O i-i CC uC CM 

00 -tNO_i!5 

co ccTctTi-Too" 

© © CI CI t~ 

noaco 



i.C — tO CO CM 

CC 3. .- 

-t 3- iC tO — 

e* of -t uc" t- 

© © © O iO 
CO CC CI I- CO 



X C X 3". CM 

t: :-. — ■'. ~ 
oc^o ci co_ o 
t-ToTx 'c i- 

os >o r~ cm co 

CM © © ii 00 



0» CM c l_ © CC 

co* o» i-T »-** e* 

X © -r -r -o 
CM -r CI X -* 



ci ci ^c te : -o 

i- -t cc_cc_-r_ 

— ' r. c*— *©* 

x — s 3. : 
CI to CI 00 



s ci 

3t CO 



t * 00 

B r s 



S pq 



in o cm —> 'C 


uO © © © © 


H»CHH 


3 n © 


© x — r. — 


CM i-0 © © »/ti 


CM » 


© CM CO 'C CM 


CC •— CO CO © 


XO JC © X '* 


~ i— -r © n 


-r — X © © 


•— t- ..C -3 -T 


X CO 


I— © t~ © o 


rt ifi © CI >0 


CM T* n t— 00 


•*r.<Bi-» 


© -f X 3 i— 


c -r. ci 


■* -T 
















© CO © 1-1 i* 


© — © -t © 


© rl © X CO 


n o cc -t co 


I— © © 1 1- 


t- — © © — 


■ C CO 


TI- MiTSiTJ 


-r © 3 CI © 


X n © X © 


© CM © I- O 


i-C © l-C d © 


CM X CI 3. 1- 


CI -T 


n • CO ■* 


^oxn 


8 M n SI C 


CO © ■— © © 


cc t- -* to CC 


■* _, CO © 


-r — 



n o ^i n 



X © © t— 



t-t~co»oco lc©-t©© t— © © t- © occM©coe^ XCCt-X© Clt f©0 l-^i 

ifS -f t 1" CO CO CM CO i»> -* CO iO CI it CM CI :C CI -r CC CM I r CI CI iC CI © CM CI JOlC 

XXXXX XXXX00 OOXO0XX XXCOX. X XX XXX XX X X CO XX 

"to 
. . I- . . . i, • • • •' 

••••>» « • • 'So;" ' 

c fa 5 o 

arsil -soiss «JU5= -c3iJ-cs= e -8lis HiJo g& 

•="=S^S -P-=.2i ^1»"gg 5 £^^ f£i:? filly's §5 

«M<5«3« co-cooo QQWfe-x, OWWWh5 J2S22 SSSfcfc -O' 



INSURANCE COMMISSIONER. 



xlix 



© t— 


CO 00 00 


CO 


© 




© rH 00 CO © 


uO CO 01 


00 


t— 






© i& 


oo eo © 


eo oo 




<S> r-t CO CN CM 


© © O 


© 


© 






°. 1 , 


o^ire o_ 


t- 1 i-i 




H0ONHO) 


CC_CO CO 


CN, 


CO_ 






■re ' ' 


1 i-ToTco" ' 


CM 1 CO 




cm"'* uct-Tr-T 


t-"*CO -* 


©* 


© 






■*# 


© ire 


© © 




cm -* eo i-i co 


CO CO 


C» 


in 








CO 


co | r-^ 
1 "*" 




CN C0 rH 

4» 




© 


r-t 
in 






ire ire 


ITS © t— 


rH rH 


CN CO © i-i i-h 


lO l— 1O 


CO 


-* 




CO o> 


CO I— i— 1 


i-l 00 




ift O © © CO 


CN >0 01 




© 






1* OS 

©" 1 *" 




°*k ' ***! 

CM* 1 CO* 




I-H I-^'-^CO ■<*_ 

co£2'*'-fof 


CN Ol O 

0o"o" CO" 


rH 
O* 


eo^ 
00" 






■** 


© CO 


CD © 




CO © CO CN © 


t~1< 


"* 


© 








eo 


CO | CO 

«** 




cm eo i-h 




©^ 


© 


00 
Jbd 

DO 




■^ CO 


^aoifl 


© © 


© CO t~- CO t- 


HiRh 


I— 


t~ 




© CO 


^* CM CO i— 1 


r* •* 




■* CM CN © »-h 


© O0 rH 


© 


eo 




o_-^_ 


1" -* -* fc- 


CD 1 rH 




© © CM CO CN 


•^© >o 


uO> 


1— 


*l" 




oo"of 


of &■>■ i«h of 


©* © 




CO CD*© --"oO 


cm" >o" 1-* 


C* 


© 


^ 








i.O CO 




© t- © l- 1 I-H 


rH ■>* Ol 


O 


CO 


03 

u. 

'S, 






^ 


CM 1 ©„ 

of 




CM CO I— I rH 




© 


1— 

CO* 








"* 








€©■ 






















0> 


















X 


— v - — 


r— © oo r— 


t- Ol 




CN © © ** oo 


© CN © 


© 


Ol 


9 


a> 


CN CO -* 


Ol t— © ^ 


5c rH 




© l^ CO CO -*• 


«f" 


rH 


o» 




X 


©_!-< ■>*_ 


•>* © oi_-*_ 


S 1 CN 




©^c-^c^o^cp^ 


t~ CN O 


t— 


I* 


a 


X 




t^rHco" 
© 


iO »re" O 


r<j ;J3 




© ©'-hTcn'o" 


©" —"-IT 


-I* 


co" 





to CO 


CM "* 




-+ -t< CN CO 00 


CM CN -f 


© 


m 


OD 


03 

p. _: 

^ CS 




ire 


CO | © 




•* t- i-h CM I-H 


r- 01 


rH 

of 
•ee= 


I-H^ 
©" 


a 

3 






1 












a 

0> 
(a 


s H 


ift 00 o 


O CO CO CN o 


o 


CM 


rH i— 1 ■>* -rf CO 


0} © *0 


t- 


o> 


x S< 

CD C3 

^ 


iC lO t— 

© ■«* Ol^ 


00 O iO 00 CO 

© oo oo \a -* 


00 

I— 


© 
OO 




© CO t— © -+ 
CO 00 © CN_00 


CC 33 © 
-H" CN^CO 


01 

00^ 


00 
CO 


p- 


MOO 
CO 


^* of ■<* oo r-T 

CO © i« 

eo i-h 


ire* 

C3> 






Tt"cO -* 00*10" 
U5 Tj" CO © t— 
© t- t- 1— 1 1— 1 


-H*C0"of 
CM CN O 

I-H CO CI 


CO* 
01 


of 

CO 

© 


0> 

c 


♦J C 
"^1 ej 








©" 




CN CO rH i-h 




©" 


t-^" 


e! 


7- 3 








€» 




^ 




s 


I-H 


a 




















3 
OC 


» 
O .= 

x *a 


o ire »re 

ire Ci Ol 

0> Ol 00 


O 1" * it M 
ift CO © CC 00 

©OJrHO© 


-* 
-* 
CM 


© 

CO 




© © CO 00 rH 

>ownM<» 
cn -* cr^i- © 


rs t- 
oi -* vr; 
©.-*-*, 


32 

CO 


© 

CO 


•1" O 00 


—Toe*© oo co* 


o 


-fl 


0B 


co* i-T 10 cjf of 


of CO 01 




CD* 






© oi o 


00 l~- t~ i!0 ■■* 


■5 




r~o 


CO ©.© 00 CO 


eo © 


<o 


© 


"o 


11 

" rH 

cS 

a 



©CO © 
CO 


o co_co t— 

r-"cb" of 
Ol 


ire 

CO 

eo 


CM 

-** 

CO 
4& 


e 

1 


t- © CN © irt 

t-*i- isTeo"-** 

■*COr-MIN 

■98« 


00 co io 

niOH 

Ol 


© 

01 
CM 

■9S« 


I-H 

1-H* 
O 
© 


rH 


ire © >re 

Ol Ol Ol 


ooiso'e 
o o co © eo 

CO_u0 -* © CO 


CN 

CO 
0» 


© 

-f 


oo 


00 -r: t- O -* 
© 00 © l- © 
CO © JT 1- CH 


OS •« © 
CD •<* -* 


© 

00 


© 
CO 

-* 




r-*"*"3»* 


•>*" ire" --^ © of 


of 


oo" 


?^, 


cd"©"in'©'co"* 


<-?-rf-* 


CD* 


ire" 




X 



X 

E 


© ® o 
-# © 


eo eo © — 

i-H CN_ CO 


CO 
CM 


1 — 

© 




ccoxmic 
■* CN cp^t-- 


id -* r 1 

us «o ee 


rH 
O 


© 
•re 






ire 


00 


co" 


t-*"oo"-f' of-* 


rH -rfrH 


-*" 


t-^* 




O 








© 


•>* 00 rH CM Ol 


Ol 


Ol 






ft, 








•» 


HO 


«e> 




01 


CO 














is 4 




























O 


ire o © 


O O O © CN 


00 


t~ 


CM CO CD r— 1^ 


O 'O CO 


00 


1.0 




« 


Ol CO © 


o © © o o 




00 


OS -* I— © © 


01 -* © 


CO 


CN 




0) 

"5 


•^*-*"l>r 


00 t— t- t- CC 

-*" l-f ©"■«* CO 


©_ 
cc* 


©_ 


© © © "* 
,-f t-Tof © ib* 


O © — ; 
of'*"©' 


CO 

©" 


CO 
CO* 




i-h eo c<i 
■>* © 


■^ t~ 00 © 

rtl^ CO 


CM 
CM 




^ 


CI C<1 Ol CC tJ< 
co r- 00 © eo_ 


CO © OC 

t~ c>_ 


CM 

I-H^ 


© 

© 




3 


^* 


t-. 


© 


of 


^^ 


rjf.-riO CO lg 


of ©*•—" 


O 


t-^ 




CD 












i# © re CN Ol 


Ol 


CO 


T* 




•a 








m 




» 




CN 


eo 




I 

C 3 
















11 


Oion 


t~ © 00 © 00 


■"* 




O © "O © CO 


*-•<* .n 






X 


S £ 


eo io o 


t- CN -* -f Ol 


CM 




CD iO t- l— t— 


00 OC UO 






O 


C ft 


00 00 00 


00 00 00 00 00 


00 




00 00 OC 00 00 


00 OC 00 






X 


^x: 




HrtHHH 


i-H 




1— 1 I-H I-H 1— rH 


i-H i-h 1— I 






X 


















<1 


x cS 


















C 
V 


cS W 











. . . 






w O 


















C8 C 


















a 


X X 




















a> 


. . . 

















a 


tl. 00 





















eS n 


















O 


43 -C 


. . . 












• ' * 






; 


« O 


















OC 

a 


3 C 










• • • • • 


... 






cS es 


















^ 


ft Ch 


















9 


a a 


















"0 





• • • 


■ • • • ■ 






• • • • . • 


• • 






c 





















"3 


X X 




% 

















"H 2 


• • • 








„ 


' m » 






fc H Eh 


*. 


m 






"oo 


"oD 






# 


-(-+ «» 


>> 








u 












- 1* m 


. . x . 






. , . - . 


■ •» ci> 










lem, . 

lisbury and Amesbu 

ugus, . 


elburne, . 

uth Danvers, . 

aders' and Mechanic 

estford, 

est Newbury, . 


orcester Mutual, 
Totals, . 




Arkwrisht, . 
Boston Manufacturers' 
Cotton and Woolen, 
Fall River Manufactur 
Mill Owners', 


Paper Mill, . 
Rubber Manufacturers 
Worcester Manufactur 


on" 

"3 



on 
"3 
O 

p 

CJ 

_ 






cj 83 A 


ooaiE-'^pS 


£ 















REPORT OF THE 



I 
S 

3 



3 

SO 



-4-0 
^> 

r< 

cc 

I 



H 

►-3 
PQ 
< 



00 

H 

00 




09 


a 


CI 


OJ CO 


oj © >a 


CO CN eo >o o 


I-H OJ © — 


CC CO U.O Hji CO 


-tc::i'/ © 




co 
O 


a 


CM 
• 1 


•** •« 
1 • • 


. | . . | 


I-H lO OS CO l- 


© t- t- CO 


l-t Cl-iO 


I— CO it i-O © 


N 




E 


o 


OJ 


CO CO 


cm t--f 


CM -hJ CO CO OS 


rtt>OHJ 


to *a co © © 
cocm oo> ci 


€0 CO H © QC 


B 




o 


a 

□ 


M 


I-I I-I 


CN 01 


CM CM i-H CM CM 


CM riCI C0 


01 i-i CI .— 1— 


„o 






















•O 
















o 






fi 


ifS 


lO t— 


OJ ©CN 


eo ~* <-> t- CO 


lO © i~ CI 


OJ © -f C 1 0. 


t- CO -f CM © 


o 




a 


.£ 


o 


CO t- 


CI t- CO 
• 1 • • 1 


00 CO CO OS l- 


I- I- CO I-H 


i-h ~r -r © f> 


-r ©. oc os eo 






5 


*53 


i-i 


-£ o> 


t- 00 Ol 


i-H CO OS lO CO 


-t 1-H © 0> 


» in 1- f -t 


© -* © © © 


t* 




— 


a 


eo 


CM i-i 


CN CN 


CO CM CM CM CO 


CM CM CN -rjl 


© eo CM CM 01 


CM cn eo -r ci 


•< 




- 


V 
















05 






- 






















co o uo -* t- 


CO 00 ift o» CO 


CO «*. X / - 


© >.o >« -f -*■ 


■0 1- © i- ~r 


© © i-h CO © 




s 




1— < I-H 


in © 


M « ■* it, ia 


I- CO - 


CI © -r OS 00 


© © '.O -r CO 


■— © -* © CO 






<* -* 


•f oj 


I-H I-H •*» CO -* 


CO O CM -f o 


r" M I- C. -t 


© © © I- ©. 


CO O. — " r 






















s 




eo 


•<* 


«ocn eo •<* 


fiflrHiOfl 


rH CO CO 00 © 


cc . r © © 


•— CC 1- 









i—i 




CM 


CM CM 


i-h eo 


CS CN CM 0» 


rH 




H 




«» 
















fa 


















o 




a 


M 


CO 


•hi \a 


O I-H l- 


CO OJ i-H CM CO 


H/Ht-X 


• 

1- CJ OS © 


00 © r- 




CO 


I-H 


o o 


I-H I-H O 


i-H rH O CM © 


. 1-H i-H i-i © 


© 01 © © 


© CO r- 


00 
go 




o 

a 


3 


• 1 


1 • • 


. | . . | 




| . . . . 


1 . . . . 


'" " 


O 
►J 




# 


C3 


































o 




03 


73 




















d> 


00 


O0 i-H 


CO 00 CM 


CO K5 CO lO CO 


•■H" •** OO CO 


00 © © I— -T 


-r CM -r 


o 

M 




a 


> 


00 

• 1 


CO-J< 


CO O CM 
• 1 • • 1 


CM CO i-h i-h 00 


: i co cm 


rH ->• CM © 7t 


c 1 © t- -r © 


Eh 




« 


"S3 


a> 


00 CM 


i-H «5 00 


i-h «o CM CO © 


OJ >c eo eo 


eo rn © eo ■-* 


r- r- CM — OO 


«J 




u, 


a 


I-H 


05 i-H 


CO CN i-H 


CM CO CO CM 


eo co co i-h 


CM iC CM rn 


CM CM 01 


ai- 




fa 
















CM 








OS oo 


t-O 


Hit-lOifllO 


H* CO 30 © 00 


© © 00 oo t— 


© -* CM O O 


© © i-O t-uO 








00 CM 


© 00 


Ci 3» CO "f CO 


cm eo ce ~r • - 


>o eo os © © 


If t- C t 1- 


■- - X O 0D 




i s 




lO 


I- o 


CO CO OO OJ 


rn OS -»ri 


CO CO i— -I- •* 


nOOO-* 


© OO 
























OO 


1 CO*" 


laooiHi 


CO ■=> >* ~ 


O I~ © CM 


CO -f © 


rH 01 © 




5 3 




m 




I-H 


eo eo 


CM Ht 


l-H -f I-I 1-H 


l-H 




5 * 








• 
















© 


-J«eN OJ 


I-H t- 00 OS I- 


O iO © CO o 


00 © 00 i-H 


t- -* •** © CO 


OJ CO t— © r- 




- x 




I-H 


CO •* -H 


CO i-H CM OS O 


OS CM OO CI CM 


© r- © © 


© co © «n co 


-r 00 © © ci 


ls a ^ 


CM 


i-H 00 OO 


t-»MHO 


•jo©©© 


O — © CM 


— r oj © ci © 


© CO © CM © 
















* a l 




co* ' 


I-H -t< 


00 CO OS Ol I-H 


>h> r- Ht oo -o 


' eo t~- co co 


T © 1- — X 


-!■ i-O CO r- © 


O ■= -fe 

*■» £ a 


•>* 


«N 


F-H CO CO 


i-h 00 OS 


1-H t- TJ- rH 


© 00 CO © 


I-H © 


^ 








rH 


rH 




4> p 5 
















55 £ tf 


















n * 

— V 
as u 
C8 3 




CHOHO 


O i« CO CO o 


eo cm co ci »o 


IC t— :C t— t— 


C OS r- -> r- 


- : 3 ~r t~ © 
01 '~ — t~ © 






t- eo 


CD >ft 


•** cm \n i-i eo 


t— CO CM © CM 


© •* © © OJ 


© -f — 






-* >o 


I-H O 


OS r-* CO CO 00 


CO CO CO © i-h 


© r '0 oi ci 


OO r- © 1— © 


■O -* t- CM © 






















o 1 

a *3 




a 


I-H O 


GO 00 CO i-h 


CM t~ -* •rj" •>-< 


0) -t 0> M CO 


»« r- I- CC '0 


CO © 1— T t- 






CM 


CN 


!-H CO CO 


HI- OJ 


1-H OJ -* I-I 


© OJ I— OJ 


r- tO 






41 








rH 








09 a 




















o a> 




















i c* 




















C+5 M 




















• fa 




















,4 

co 

ri as 




HiO-*p3fl) 


iHf ostcoo 


os oc © cm r- 


H* © •« © t- 


OJ i-1 CO © -* 


cm as >o r- 'O 






i-h 00 CO O I— ■ 


O — "* 1- c-i 


© — CO CM CO 


— 01 © «-0! CO 


OS CO >c 00 


© — 01 01 © 






CO C- H t- C- 


CM CO O CO i-h 


i-h CM i-h CO 00 


t- o i-h eo t- 


CO © 1-1 © I-H 


© oi co © ac 






















o a 




kO 


CM OJ 


eo co co co i-h 


r-Nt-t-ffl 


CO CO '* 00 OO 


00 1* CM © rH 


^3 r- .-' 






-J« 


CM 


CM h* OS 


CM © © 


rH OS 00 1-H 


00 © © CO 


Ol 00 




a O 




4» 






I-H I-H 


rH 


I-H 1— 1 I-H 






co a 




















O «c 




















»h hH 




















O 




















^ 




















55 

<1 


































0. 




















a 




























• 






O 


















O 

fa 




























J- 

• 


■ 
t> 




o 














a 


.5 . . 




fa 
3 






a 








3 
fa 


go 








... 3 

„a s co 

art • O rr 
O 3-3 «=■§ 


^* 






•|1 • ' 

O « f 

00 CO r^ vT 

J= 3 a 2 
e « s- j->a 


•< a ^ • 

"S a 

.i2a. 
fci, >> . 


a 

s> o CO . . 
^ — l_ - I 


c 

« • be » 

a*1 -5^ 

<o o Jo i C 


as a » 








be so 
^ a 


Ji'" so 

«Q ® a 


« o o «j 5 

pW t? e N a 


> c bc>s> 

p5c-» 


*- — — ~ "5 

a 3 3 "T «2 

<— -J -s 5 i_ 
S3 3 3 c; 










«J<!«Mffl 


caeo^og> 


SCSii 


\:- — ~~ 


jsasa 


2SS22; 



INSURANCE COMMISSIONER. 



li 



3! 



o o ■* to o 

■* ■** O OS CM 



C* -*Jl CO i-l C> 
(M i-l t# 



00 CO 
O i-H 
I • • I I 



s 



t- CM O) t- Ol 

rliOHrlift 

toencit- 



t1» t- O US r-t 


O 0* 


t- i-H © t- ^i 


•<# © 


co co ih oo o> 


oo o 



O O t~ 00 

t- o -# <o 

t- t- 00 CM 



© oo © co 

MiOC40 
Ol 00 I— 



CO O CO O i-l 

CN r-H .O <M CO 
Ol 0> CO CM t-- 

i-T^-iTco'oT 



00 CO CM O CM 
OO^cO ©^© >« 

©ft-^oT co"of 



»ft 00 CO 00 t- 

'tnooio 

i-H CM 00 CO 



tft 



2 >, - 3 CO 

♦J •£ — — 3 



£i « 13 co CO 

« 7 it gj 11 

00 GG^£? 



2 






CO 

to 



©cortcot- co ■*& >a 



© <M -* ■* I- 

NCOrlt-H 
-t^CO C35 CO lO 

co i-^t-T-* oo" 

NOHHH 



uO •>* CO 

— o> a> 
o © © 



l— t- CO t— CM 

•** >ra co — i i-i 

TfOHMO) 

Tj<"co"c-f cb* r-T 

CO >C •"* CO CO 



CO CO t- 

TfCOt- 

i-c CO 00 



© CO O © © 

CO i-i i— O CO 

t— ai oo -^ i-i 
cTaTofof co 

r--)iinci« 

^ l~ rH CM CM 



ifflCCO 
CO O tO 

C1CO-* 



COHr- 1 00 CO 00OO 

iO CO CO r— CM flMI- 

© -* i— I CO © CO ■># CO 

iO*CO"cOH t- i— I © I— 

© t* CO CM CO <N-ta0 

■*»■ t~ rH CM CM i- 1 



O O t- CO 00 
© O O CO i-H 
©_<»_© i-^C5_ 

acTcf o"eo co" 
cm © co co •* 

-# t- i-H CM CM 



T3 

c 

c* 

to 



a 
a 



2 c w 









O 3 

o c 



op« cS > 



J4 co 



SPh 



<^CQQf£,S 



2 3 



3 M 
nig a) 

*+ HH f** 



lii 



REPORT OF THE 



05 

S2 

e 

a 

8 

s 

s 



to 



HO 

05 

e 

00 



< 



a 
o >. 

to O 

|l a 





a 




M 






O 


►> 











O 


c 


00 








a 










i-H 


s 


id 




0Q 


a 

p 





o — 

— ^ 



6 



.£ 1-? 

65 « 



5 TS 



cS 



•a s 

ai £ 

2 3 

c 23 





■*¥ 


i-i 





CO 


Tt« 








C5 








fr- 


© 


1 fr- 


iff 


eo 


ee 



r-i r-> \ &\ 



! s 1 

I « 



a 


eo 


•a 


<4> 


a 

93 


8 




6 




a, 





g 


h 





•a 


O 


c 


QD 




O 


>, 


s£ 




e 





*■. 


E 


3 


03 


CO 


a 


•a 


M 



^ 






O 


Qi 


a 


£ 


M 









,S 


• 
1- 


* 









p~^> 


,fl 


e 


S3 


3 


O 


HO 




■O 

1 


s 


to 





■^> 


e 


HO 




OS 


«9 


eo 


O 

B 


3 


-< 


3 
,0 


5 




CO 


m 


eo 


E 


.8 


3 

s 


* 


V 


1 


>- 




a 


1 


a 


> 

t— 1 


03 




• 


£ 


p 


h) 


M 


» 


S 


< 


-3 


H 





"** •** mr* 0> 




1& 



INSURANCE COMMISSIONER. 



liii 



CO 

so 

C 
& 

a 

CO 
© 

to 

&3 



to 

to 
CO 
CO 

S 

CO 

co 






P5 


H 














a 


■A 
H 

s 




oiso>ot~ 


t— r|< i-h <js <M 


oo © © 


© 




CQ 
O 




•"* © © I— © 

CO © CO CO 


cm © ire © oo 


©CM-* 

© cm' t-^ 


CO 
rH 


i 


2 1-1 


Tji to CM CO 


© ire i-i co i— i 


CM © CO 


1 




-4 


Q 




*■■ 


7-1 


1 




w 


fc 














o 


pq 


























^ 


— * 














H 
K 


c 


r-T 


Olt-OOOO 


t— i— 1 t— t— i— i 


-f ire © 


l~ 


rH 


w 


oo 


ire ire o o oo 


r-i © CM CO CM 


© ■— CO 


I-H 


© 


o 

K 


03 


S°° 


CC-tHO© 


© CM © © rf 


© © i~ 


CO 


■*»< 





0>rH 


t OOMHN 


© © rl CO CM 


eo i~ ■* 


CM 


ire 


- 


-; 


Q 




rH 


r-l 






Oh 


fc 














*- 




*- CO <— ' © vQ 


~f CM rH 00 CM 


CO © CM 


t- 


rH 


o 


o » oo 


t- cm cm co © 


© -f co oo ire 


O0 -t CO 


© 


t- 


00 


s -s ^ 


N L- U5 Jl O 


oo © ire_© © 


< ~L'~L = '~ 


T-^ 


©^ 


3 


" °< _r 


ire >re" i-T o" co 


©" CO ©" ©" cm" 


© ©CM? 


CO" 


oT 




.— CS rH 


■<ft!OWiO 


CO OO CM •** t- 


© t— © 


<M 


CO 


*5» 


•- 1 fi 


r<»pH 


Tjt r-l 


rH ire 




co_ 




■9* 








cm" 


te 

gg 


J, a qo 
a fe oo 

- v oo 


t-tOHO>it5 


•* CM i-H 00 CM 


CO © CM 


t— 


rH 


t»f)?l CO OS 


© •** co oo >re 


O0 -* CO 


© 


t— 


00 


- 1 'C H 


t— I— t— CM O 


oo © ire © © 


O i— © 


j-l 


<M 












a 


«S'o rH* 


u-T .- 00 O CO 


© © © © CM 


© © CM 


CO 


CO 




t-trlMin 


O0 O0 CM -f I— 


CD i f 


CM 


© 


a, 


«" Ph W 


-t 0O_t~ CO CM 


t- cn ire co 


CM CM 00^ 


r-l 


CO^ 


% M 

3 


€&,-? 




rl 




oo" 


X 


£-2fi 














* # 


cm eo co ire irt 


-r i— ire © © 


CO © © 


^# 


© 




on 


tiMOMiO 


i-i s -t -f © 


CO I-H -H 


CO 


l- 




50 .« 


»re co t— t— i-H 


I-H © © CO © 


CO -t i-H 


CO 


oo 




















os co cm r-i ire 


© CM -* © © 


t- CO 00 


t- 


•* 




Q ^2 


© 00 CM © CM 


CO CM t- CO CM 


cm co o 


■* 


■re 






HiOININH 


i-l i-i i-H 


r-l eo^ 




TT 




o e 


€6= 




7-4 




co" 














» 




j 














on 

43 


OS OS -f -* O 


00 © © O0 rH 


i-h 00 CM 


r-l 


© 




o> 


H lO 0C 1- lO 


t c t- cm .re 


CM © ■* 


irt 


iO 




00 


COOrfOSt- 


© © i-i © © 


-* ire i-h 


ire 






00 














<1 


ire os i— i— i co 


© oo ire © co 


t— CO © 


© 






** CM •** OS t- 


l— 1 o © 00 © 


CO © © 


t— 


iO 




oo 


© -* o> ire co 


r-l © CM © -^* 


CO CO CM_ 


I-H 


ire 




00 

o 


^of 




CO 




rn" 














€e> 




00 


OO 00 CO O t— 


CO © r— I r 


00 00 I— 


t- 


rH 


a 




h in '--r to 


CM CM i— l © ire 


r-MM 


t— 




00 


cn t— ire ire o 


i — r © -* © 


eo © -f 


<M 


CO 




>d ,_l 












£ 


<o ire co t- os 


CM ire © © -r 


CO © CO 




HT 




os cm -r co •* 


1- © © CO i-h 


CM CM 1- 


CM 


CM 




.2! r- 1 


co os co ire i— 


co i-^i— cm ire 


ire_ire cm_ 


© 


©_ 


C 

£ 


Sh m 


lOo'iirHK 


© t-^t-^ c^r 


os ire 




o 




CI r- ' CO ire l-H 


I-H I-H 1— 1 


i-i t~ 




© 


< 


& 




I-H 




CO 


















"3 


o o o o o 


© © © © © 


© © © 


© 


© 






o o o o o 


© © © © © 


© © © 


© 


o 




a 


O © CM O © 


© © © © © 


© © © 


© 


CM 
















« 


© © t- © © 


© © © © © 


© © © 


© 


t- 




o 


© © ire © © 


ire © © © © 


© ^ .re 


© 


ifS 




eo © ire co cm 


CO CM •* CO 


CM i-H CM 


r-l 


CM 




.fi 


•,4 




7-^ 




ire 




03 










&■ 




o 














h 








. . . 








to 














<1 


• . » 


• 










CU 














3 














O 







. . . 








O 

&H 




a 


9 

• -a 








O 




'u 












C3 


zz 








H 

a 





. . .£ . 


■ •% 










T3 


T3 








<i 




C 


C 








to 


5 5 


oS »• 9S rr* 












— • c • 

.a a 

§ s = sp . 

'u o l ~ « 

o *- — - n *? 


i table M 
men's Fi 
t Nation 
cantile F 
tuue, 


th Amor 

in Mann 


V 

2 


oo" 
O 










3S Ji.3, 

o< u s ~ a> 


tooDOQ 


"3 








a 
a 

3 



liv 



REPORT OF THE 



CO 

*<s> 

8 
8 

a 

g 

s 
I 

O 



•S 



- 



t 



S- ~ 



a- .1 



E V 

3 > 



£. - 



P 



e ? 

a 'I 
* « 



o> OS OS 
to © ~f 
O>_ao c^ 



■— CO X) 



lO o> o 
Ifl •- Ifi 

fflOffl 

o'oV ' ' 

>T5 C-1 CO 



CO O r-i 

CM OS © 

iOMO 

O t-H t- 



H ' ' O 



fflOH 
I— I ■** OS 



odho» 



03 






i § 






< 

- 


a 

c 

a 
to 



•** ci M rv 

iM c. -M r 

1— © o 00 

os »n o t- 

1-1 t)NH 



1 i-'-t'co'cc' 

tIBINO 



a © ■** ~ 



Ol Tf l-> -f 0O 

COC^ 1 ® 00 

' <-T«roTao" ^T 

CO X — ?l t— 

co >a t~ Tt o^ 

t-c 1-1 1-1 CN 



.Sci; = 



°-£ 



O, 









_ ° o 
« .* ~ — . 

£e2oh 

3 ?) 1 - a 
cyb S ® « 



I s 



■SS5 
111 

rs S = 

►3 ~ ^ 

15 22 32 



CJ 



£ 



INSURANCE COMMISSIONER. 



lv 







00 


© © cm © © 


o o o o o 


© © © 


© 


CM 






•3 "3 


O O 03 O O 


© o o o o 


<-> © © 


© 1 CO 






* O fc 


o © •* o © 


o © © © © 


© © © 


© © 


















« *> 3 


OOM30O 


CM © © CM 00 


Tl< © lC 


© CO 






8 -o 5 


^O CO i-hcm 

l-H 


CO i-i CO l-H 


i-H i-H CM 

l-H 


CO 

Is 






5 o 








1 
1 






o 










1 






H 




•*f QO CO h* lO 


•<* CO •** 00 CM 


«o -* a> 


m co 








X 0> 


o © © 00 CO 


o> © I- © t- 


CM CM CO 


OO ' © 






W 
00 


00 *- 

o c 


CM CO — O •** 


i-i to t— OO t- 


CM © © 


co to 






«h o 


co i-i co ^ eo 


1-1 CM CM CM CM 


CO i-i CO 


i-H CM 






o g 














Ph 


l-H 






































. 








00 














h 


a 13 

•2 .£ 


— •*© — © 


CM t— 00 © t— 


CO CO iO 


© >ft 






o 


NONMOl 


i— ■ © © .ra © 


CM iO © 


-h ! CM 






o 


tO lO OO i-c CO 


CO CO CM O CM 


tO i-i CM 


.»o © 






S "5 


CO i-H CO >« CO 


rH CO CO CO CO 


CO CO CO 


rn CO 






H 


" S 








1 






05 












c 


CO 
<J3 




© -h CM CM CO 


©Ht-NM 


liO iC lO 


CM © 


#■_ 


OO tO -T 1-1 O 


i-H r- . 00 © CO 


H^iOM 


O 1 "0 






© CC CO © © 


r-H«H«5 


t- I-H © 


© I © 


P 


•^ 


OB 










CQ 


£ 


W 
m 

J5 


OOifOMt- 


lO © t— CM iO 


t- © CM 


05 S 


3 


CO irt i— 1 O JO 


Tj< CM © O 


O CM 


<M 


8 


■€&!~l — 1-H 




iO 


|» 


CU 


a- 


W 








1^ 
| 


hi 




s 


• 






a 
o 


1 


H 










00 

a 

3 




S O H 


f--*MO!0 


CO t- CO CO >-i 


—> >n cm 


■* ■* 


a 

u 


CO t— O CO CO 


CM i—l t-- CO © 


oo co -* 


CM 1 CO 


8 


° 5S S 


tO I— CM CO 1< 


t- © © t— CM 


00 00 © 


l~ 1 CM 










o^ 


5^ 

CO 


ob H O 
00 5 ° 
W 2 K 

r^ W ft 

H O o 


■^OOClHO) 


00 t- l-H CO lO 


•* CO ^5 


CM © 




co to co I 


CO l-H 


CM rH CO 


CM 1 O 


^ 


<=&>-( 1 




l-H 


1 1 "* 

1 m 


c 

OS 
oo" 















r= 
r« 
CJ 
Vi 




HOlOCl'* 


CO CO -f CO i-H 


CM -* rH 


CO © 


*+>o 


CM t- O •**< t— 


CO i-H -# <T5 I— 


© lO © 


i* 1 CO 


CQ 


•/. a 


i-H •— CO CO •»* 


i-H © 00 © CM 


CM t- rH 


© 1 T* 


«l a 










i 


CO iO ■*!• iO CO 


■** o> t^ CM >o 


"<* CO CO 


CM 1 ■<* 


T3 


Ho 


O H 


■tWnOlO 


co co © © © 


O CO CO 


© 1 UO 






CM © CO CM CM 


i-H CM l-H 


r-l .O 




Tj^ 


S 


00 R 


^e- 




T-4 




TjT 


c8 


.o 


— p - 










^ 


so 


^ 












s 




O x 












3 


co 
to 


H 












s 


so 














cu 


0) 














h 


00 


a 


00 ** 00 CM CO 


© © t- H CM 


CO © CO 


© 


o 


a 


ic*ioo«) 


iO CO i—i © CO 


O0 00 © 




»— 


a 


,-o 


x 


t- a *n t- © 


oe^© co co >o 


©_«« CM_ 


CO 


CO 


Im 


r»^ 


OB g 

o fc 


t-^co to" to" CO 


CM tb"© i-H © 


a>t-?oo 


ca 


■^J" 


s 


« 


l'0-*flO> 
CM i— CO CM r-l 


f 1^ Ol IN O 


NirH 


© 


© 


"S 

r. 
00" 

8 


i-h CMCM 


1—1 *^. 




°i 


CO 
CO 


^&rH~ 




i-T 






1 


o 












4> 


1 












^ 


t-H 












oo" 
cu 


M 












00 


> 












00 
O 


H 










, 


50 

.9 


i-3 












'S 


PQ 












3 


<1 












*o 


H 


PL) 

o 
o 

o 




• • -.2 • 

. . .a . 

T3 


o 

a 

' 'u 




H 
* 




fc 


• aT • 


s .s. 


a 

c8 

S ' • 












* ° » 










o B ofl 

's- o x — _T 

C O C > ".3 


IIsSIl 


<ja^ 
ascf 




1 






crJ: a «» *T 


r^jQQQ 









[VI 



EEPORT OF THE 



CO 
so 

8 

so 

Ss. 



g 

I" 

a 

CD 

8 

5s 

S3 

eo 



> 

fa 

- 
< 





- 


! * 


co 




o 


to 


© 


H 


00 


_, 




I— 1 




t- 


„ 


» 


fa 




■— ■ 


o 




CO 


9 


o 




t— 


01 




t- 


o» 


— 


-T 




° ft fr 


M t-" 


CM 


00 


1 


— 


© 


--C 


I-- 


eo 


CO 


1 


— 


.-' 


-' 


?1 


CM 


H C Z 


« So 


s 


t— 




uO 


<M 


t- 


CO 
















r. 


3 B « 
•< fa - 


















1 






1 










c- ~ - 

21 =" 2 

H CS < 


































. 




o 


eo 


t- 


CD 


1- 


CO 


— 


.. 




, 


© 


i- 


e* 


CO 




o 


l~ 


<M 


CO 


© 


-r 


00 


01 






-T 


CO 


- 




Ol 


OP J 

W HI 

- 


w ad 


© 


Q 


© 


© 


00 


O 


00 




-T 


1 


«3 


oo 


Tl 


CM 


— 


u ao 
Q 


°o 


00 


CN 


■ -. 


H 


CO 










1 




tl 




CO 






*"• 


-r 


- 


-* 


M 


© 


00 


•o 


o 


CI 


-r 


.- 


■- 


r 


CO 


"8881 'ie 


•03(1 


© 


© 

:: 


i-O 


re 


■J 


5 


1- 


o 


1- 

00 


CO 

o 




01 


a 
— 


■- 


•— 

t— 


lUJldTJQ JO 


JU.llll 


Cl 

tO 


o 


CO 
u-5 




el 


— 
Cl 


-r 
© 
Cl 


ci 


- 


ci 

00 


7 


1- 


01 


-T 


o» 

Ol 


-jjBdtujao 6 


nidang 












H — 








■*-¥ 
















^ 


-f 


CI 


-c 


<M 


oo 


OO 


•o 


O 


Cl 


as 


■— 


— 


oe 


CO 


"8881 '18 


•03(1 


s 


CO 




CO 

-1 


— 


CO 
CO 


1- 
OJ 


t^ 


00 


"*• 


oo 

-T 


cl 


a 

— 






sjapjog £ 


3![OJ 


oi 
to 

o 


1-H 

n 


00 
Cl 


CO 


— 

oo 


~r 
© 


-*■ 
© 


-r 

Cl 


— 
a 

Ol 


t— 


CO 

i 


t— 
~. 
at 


ti 


01 


~.\ 


spivSoj es e 


n[dang 








rt 








0* 




00 
















,«, 


CD 


00 


r. 


Oft 


-- 


eo 


~. 


a> 


-* 


— 


— 


~ 











M 




I- 




X 


l~ 




t— 


-r 






i- 




— 








CN 


CO 


U3 


00 


o 


r-l 


CM 


© 


OS 




— 






B 










































o 


00 


~- 


oc 


'- 


- 


f— 


— 


© 


o 


— 


lC 


i— 


" 





•saptitqBiT seoj£) 





X 


o 


t- 


:: 


_ 


— 


-r 


-r 


O 


s 


t= 


r- 


■ 


t— 






Ol 


co 


:: 


lO 


-r 










oo 




i- 






— 




o 


r— 


■=. 


o 


CO 


us 


u0 


t^ 


00 


o 


r- 


eo 




CI 






































eo 


o> 


o 


.- 


t~ 


CO 




CO 




1- 


CN 


(N 




00 










o 


CD 


a 


o 




CD 




c 




T~. 


-T 


PJ 




•S;98SY 880J£) 


t~ 


Tf 


•^> 


at 


CO 




-r 


>-o 


01 








Ol 


CM 


© 




o 












CM 


CN 




n 




I-S 


>— 




h^ 




<f.= 


















"~ 













*888l '18 -09(1 
38ty ^« -junomy £1 fa^ § 





00 


o 


i^ 


© 


»~ 


^_ 


— 


— 


01 


C 


CO 


- 


- 




-r 


e* 


C3 




re 


00 


© 


~ 






-r 


■c 




I 




<N 


oc 


-T 


i— > 


<* 


r^ 


Ol 




r 




Cl 


l- 


t— 


Cl 


— 


































9 
01 




oo 


<3 


90 




I— 


eo 


-r 


— 
— 


ao 
© 




CI 


Cl 



•I«4{deo qeBQ 



© © c cc 
c; © = = 
c r © c 



c: r r r. 

© r = © 

-. - ~~ - 

Cl Cl © Cl 




— 




l" 


H 


~ 


■~ 


> 




- 
o 





-© 




> 


& 


fa? 


& 


— 






i) 




- 






to 


to 


X 


to 




X 



j c 



£ fc 



— — - 



•= ."H !=■ ■= 



fa fa ■/: fa 



^ 

c 

^ 



to 
<j 

fa 
a 
o 
o 

fc 
c 

a 
to 



U »t M 



fe fe 



l ^ < 



< ^ 



C - 



<5 < 



■ - 

1 - 

2 = = — — 

i i: i 5 - 



©ir 

— B C 
JO • • 



INSURANCE COMMISSIONER. 



lvii 



t-H 


«o 


T-H 


■* 


00 




iO 


I-H 


CM 


as 


o 






00 


1ft 


-r 


>o 


CO 


i-H 


00 


eo 


9> 


Tj< 


I-H 


00 




00 


CN 


00 


eo 


* 






eo 


'O 














-* 


to 




CO 




eo 


CO 


I-H 


o 


,— , 








Ir- 


00 


t»« 




I-H 


CN 


7 


o 


t- 


00 


1 






CN 


CN 


as 


eo 








CO 


eo 


-* 






1—1 


lO 


CN 




00 


CN 




■>* 


>n 


1# 


to 


-# 


CO 


CO 


I-H 


lO 


CN 


eo 


lO 


-* 


00 


o 


I-H 


o 


CO 


© 




I-H 


«N 


iO 


eo 


a> 


CM 


o 


o 


CO 


lO 


lO 


o 


eo 




94 




o 




•* 


' 




CN 


oo 


CO 


I-H 


CO 




CN 


■** 


CN 


b- 


r-, 


us 


to 




a> 


t- 


CS 


1 




i-H 


CN 


CN 


l-H 
I-H 


*# 


CM 

l-H 






CO 


-* 


eo 




CN 


eo 

l-H 


t- 


*n 




CO 


CN 


CN 


o> 


r- 


CN 


a> 


•«* 


00 


o 


!-H 


H* 


CO 


I-H 


-* 


CN 


CO 


e» 


Tt< 




to 


eo 


S* 


© 


OS 


t- 


CO 


t- 


o 


I— 


CN 


lO 


CO 




o 




OS 


cn 


CN 


to 


1— 


o 


o 


t- 


T«J 


eo 


ia 


as 


-# 


o 


O 


o 


o 


o 


l-H 


O 


00 










































o 


oo 


a> 


o 


00 


OS 


o 


■«*• 


m 


CO 


© 




I-H 


■<* 


eo 


Irt 


IO 


CN 


CO 


o 


I-H 


os 

I-H 


T-H 


00 
iH 


1 


CO 


OS 


Ttl 


00 
CN 


CO 

I-H 
* 
* 


O 


eo 






o 

I-H 


00 








CO 


*- 


■»*. 




CO 


00 


CN 


CM 


t— 


CN 


I-H 


OS 


oo 


o 


_ 


-* 


CO 


l-H 


■* 


CN 


CO 


CN 


•"* 




to 


CO 


eo 


CN 


OS 


tr- 




CO 


o 


t~ 


CN 


U0 


■* 


«5 


o 




OS 


CN 


<M 


to 


i~ 




eo 


I-H 


rt* 


ee 


CM 


oo 


•s* 


o 


O 


o 


o 


O 




o 


00 










































O 




as 


o 


i-H 


b- 


t— 


■<* 


ITS 


■^< 


00 


I-H 




■>* 


eo 


trt> 


»» 


CM 


CO 


o 


i— " 


OS 


to 


00 


a> 


t- 


as 


■* 


CO 


CD 


«* 


O0 


o 


O 


© 


oo 


l— 


o 


t— 


oo 


»o 


CO 


eo 


eo 


I-H 


lO 


>a 


CN 


°1 

I-H 


I-H 


°1 


Ir- 


CN 


CN 


•^ 


CN 


CN 


CN 


eo 


I-H 

1-h" 


*- 


to 


00 


00 


to 


CO 


CN 


os 


CO 


-* 


rH 


— 


CO 


"* 


t- 


eo 


CO 


CN 


t- 


CO 


-* 


CO 


CN 


iO 


in 


•^f 




oo 


as 


00 


OS 


<N 


as 


>o 


t~ 


o 


oo 


as 


lO 


I-H 


Irt 


■*»< 


O 


»o 


*C 


I-H 


Tf> 


00 


co 


oo 


CO 


o 


eo 


to 


eo 


I-H 


"JI 


U5 


oo 


•* 










































*- 


■<* 


T»< 


OS 


** 




to 


CO 


CN 


It- 


lO 


iQ 


as 




oo 


iO 


I-H 


CN 


t- 


CN 


00 


^* 


co 


00 


as 


I-H 


l-H 


eo 


as 


eo 


iO 


'HH 


-f 


■* 


CO 


as 


(N 


■<* 


to 


© 


I-H 








I-H 


I-H 




CO 


t~ 


00^ 

cn" 


CN 


I-H 






l-H 


l-H 


l-H 




I-H 


CN 

eo" 











































1— O 



»0 l-H 



-K 


CN 


© 


t- 


CO 


OS 


t- 


ao 


eo 


o 


t-- 


eo 


l-H 


CO 


CO 


lO 


O 


iO 


CO 


*# 


co 




oo 


O 


00 


OS 


t— 


tr- 


00 


as 


as 


t- 


iO 


00 


o 


CN 


t— 


I-H 


00 


00 


OS 


*n 


Ir- 


■* 


GO 


CN 


t- 


tr- 


o 


oo 


CO 


i-i 


CN 


TT 


T* 


CN 


■* 


o 


oo 


-* 



• 






• 


o 
o 












CS 


















es 


« 




44 


• 




M 


M 


as 
as 

o 

OS 


• 


M 


A 


• 


- 


•i-T 


OS 


44 


44 


„- 


44 


4= 


OJ) 

u 

p 

^5 


O 


O 
>* 


c 


c 

C3 


O 


u 
O 




u 

o 


Oh 

*a> 

T3 




as 

to 
as 


C3 
3 

3 


3 
OS 


hi 

o 


|H 

o 


oS 
3 

3 


o 


a, 

t3 




- 


& 


as 


^ 


^ 


is 


>-. 


& 




u 


o 


O 


> 
o 


^ 


^ 


as 


^ 


CS 


s 




CD 


< 




V 
K 


as 


i 




as 


CM 


as 

Q 


o 

M 


5 


CO 


as 


O 


as 


43 
Ph 


- 


























as* 

3 


oT 








44 

o 


g 

43 

4^ 
"as 


• 






















aT 

.5 


• 


la 

S3 


3 

CS 


. 


• 


OS 

cS 


OS 

55 


cs 

43 

Ph 


a 


s 

CD 




o 

a 


5 

'5 

h 

6 

a 


C3 

3 

3 

"S 

• 

a 


CIS 

a 
o 

s 


CO 

o 


aT 

E 

3 
as 
«3 
t> 
as 
a 
a 


13 

c 
as 
a 


02 

3 
3 

as 
E 

■ 

* 


a 

CS 
0) 

s 


aT 

-2 

QQ 

as 
H 


•^3 
3 
CS 
OS 

OS 

to 

Oh 


3 

cs 

as 

s 

as 

CS 


aT 
u 

as 

bD 

3 
eS 


aT 

3 

DC 


3 
cS 
OS 

u 

K 


«*H 
O 

3 

.2 
.2 
o 

co 
| 


«i-i 
o 

3 

'S 
o 

CO 

co 

< 






t>» 


s 


a 


a 


a 


a 




ad 




a 


OS 


3 


43 
SI 


u 


OS 


as 


as 








o 


o 


o 


o 


o 


o 


o 


as 


as 


s 


o< 


H 










O 


o 


O 


U 


O 


O 


O 


O 


O 


O 


Q 


Q 


w 


H 


H 


w 


fe 


Ph 


P>H 


s 



Iviii 



REPORT OF THE 



o 

H 
13 

< 

S 

H 
w 
ft 







r-l 




CO 


►- 




CO 




00 


(V 




Q 












eo 


CO 




GO 


9 


CO 


Q 





i-H 


— 


to 






-i 


H 


Irt 


o 


CO 


■4 


CO 




u0 


1— 1 


«o 


»o 


o 


<3> 


OJ 


CN 


eo 


CO 


eo 


o 


CI 


-r 


01 


eo 


-T 


o 


CO 


o 


eo 


9 


© 


co 


o 


CO 


,_ 


CO 


cc 


•o 


o 


co 


eo 


co 


CO 




e>» 


CI 


T 


o> 


•«* 


N3 


6 


9 


l-H 


















CM 


i— i 






CI 


-T 






iO 


IM 


t- 


-* 


r» 


eo 


CO 


eo 


,_ 


CI 


I— 1 


— 


-r 


CI 


«* 


oo 


■«* 


<N 


CM 


o 


CO 


t— 


eo 


o> 


CO 


** 




o 


OS 


•o 


CO 


O 


CO 


-f 


e^ 


o 


CO 


,_, 


eo 


c» 


CO 


_ 


CI 


I— 


l<5 


CO 


eo 


c< 


<M 




CN 


CI 


ci 


CM 


CO 


uO 


- 


-T 







■8881 '18 'oaa 

IB^ldBQ JO 5U81U 

-jiudaii jo enidang 



1-H CO t-H 



T3 
p 

•4-3 

a 
o 



«0 

HO 

<5> 



"e? 

00 
<*> 

•<s> 

e 

a 

l 

S3 

eo 

4 



*888l '18 •oaCI 
ejapioH ^oiioj 
epjBSaj 8B 8ii[djng 



•« 



•sapiitqBiq eeojx) 



•SJ988V 880J£) 



CM 


eo 


CO 


-+> 


<N 


-f 


o 


t— 


a 




«o 


a> 


e» 


M 


o» 


e>» 


© 


CO 


IC 


CN 


CO 


CM 


t— 


CM 


eo 


•o 


~r 




CI 


i—i 


i-i 


CO 




eo 


O 


■**■ 


o 


■«*< 


~r 


CO 




CO 


cc 


r~ 


CO 



o t- 



CN r- — 



ft CO r- H 



*'888I '18 "oaa 



i— CO 




8 



«► ,-T 



- 



— 


ej 

a 

5S 
u 

fa 


t- 
o 
E 


c 
o 




O 


p 
5 




a 


»~ 


>> 


ts 


* 


p 


— 


C3 


=3 






V 


a 


- 


X 


w 


« 


53 


53 






^ — — ~ — 

S 4 5 - 1 

* 5 I § S 

» — — >- o 

53 fa ~ O fi* 



^3 

o 
o 

o 
55 



- 

o 
>> 

c 
p 



5 fc 



*-• s a s 



fa pH fe fe fe 



c = = 



E £ 

a c 

- - 

S E 



■= fa 



3 c 

fa "" 



X 



- — — 



fafafaOO OOOw'J 



INSURANCE COMMISSIONER. 



[IX 



co 


© 


i-H 


eo 




CO 


I-H 


© 


CO 


CO 


00 


I-H 


© 




lO 


m 


CO 


in 


in 


in 


to 


<* 


© 


CO 




CO 


I -1 


r— 


© 


t- 




OO 




in 


CO 


© 


CM 


o 


© 


lr~ 


CM 


■»* 


CO 


eo 




eo 


CO 


oo 


►- 


__ 


eo 


© 


CO 


CO 


CM 


i— 


© 


i* 


CM 


© 


i— i 




CO 


i« 




HJI 


l~ 


co 


CN 


co 


1 


I-H 


CO 


CO 






-r 


CO 




CO 


cm 


1 




I-H 














1 
















I-H 




to 


CO 


CO 


CD 


© 


CO 


^ 


CO 


© 


m 


oo 


© 


-f 


© 


CO 


H 


eo 


CM 


CO 


CO 


t~ 


o 


>~ I 


© 


T 


1-1 


r" 


CO 


t— 


© 


1—1 


© 


© 


© 


CN 


00 


CM 


i* 


CO 


CN 


CO 


CO 


,_ 


CN 


I-H 


t- 


I-H 


I-H 


© 


CO 


t- 


i~ 


© 


^H 


I-H 


»o 


CM 


© 


-f 


CO 




co 


CO 


I-H 


m 


CO 


m 


CM 


CN 






© 


m 


CN 


rH 


in 


CO 


© 


m 


rH 


1 














I-H 




















I-H 




•O 


eo 


Hjt 


CO 


,_, 


t- 


eo 


© 


00 


t~ 


CO 


1-H 


© 


© 


eo 


CM 


3 


CO 


CO 


,H 


CI 


T-l 


eo 


00 


OO 


© 




CO 


© 


1-H 


© 


CO 


© 


© 


co 


CO 


•>* 


CI 


CO 


o 


i-H 


CO 


■<* 


•># 


eo 


(N 


eo 


■^< 


CO 


■*J« 


CN 


CO 


i~ 


© 


-# 


m 


•* 


CO 


CO 










































m 


CO 


I-H 


-* 


t— 


in 


CO 


eo 


eo 


CN 


m 




CN 


© 


CO 


CM 


© 


TT 


t- 


© 


CD 


l-H 


00 


t— 


eo 


eo 


I-H 


© 


-r 


t- 


CO 


•N 


-* 




in 


CN 


CO 


CM 


eo 


© 


CO 


I 


CO 


cm* 




«o 


eO_ 
CM 




CN 








CN 


1-H 








rH 


i* 


I-H 


»o 


t- 


■>* 


eo 


I-H 


t- 


CO 


© 


CO 


t- 


00 


,_, 


© 


o 


CO 


CM 


-* 


n 


CO 


t-> 


CN 


CO 


eo 


CO 


CO 


© 


1-H 


CD 


rH 


1-H 


© 


CO 


o 


© 


CO 


CO 


CO 


•f 


CM 


CO 


in 


CO 


CO 


H* 


■^ 


eo 


CN 


CO 


1< 


CO 


■<* 


CN 


CO 


t- 


© 


-* 


in 


■*# 


CO 


eo 










































ift 


« 


l-H 


•* 


r- 


U5 


CO 


CO 


CO 


CN 


ifS 




CN 


© 


co 


CM 


© 


•*> 


r— 


© 


to 


CO 


00 


IN 


eo 


CO 




© 


•»* 


CN 


~ 


CN 


© 




© 


Ol 


CO 


CN 


eo 


© 


o 


I-H 


CO 


CO 


CO 


o 


co^ 

iO~ 


eo 


^< 


CO 


CO 


CO 


■* 


eo 


CO 


CM 


CO 


CO 


CO 


CO 


CO 


CN 


eo 


CO 


i— 


© 


© 


-* 


vO 


CO 


CO 


CN 


© 


1-H 


CO 


© 


in 


CO 


CM 


© 


CO 


00 


i~ 


t~ 


-t> 


CO 


CO 


t-- 


CO 




-* 


t— 


© 




00 


CO 


© 


© 


I-H 


CD 


CN 


r- 


t- 


o 


CO 


-f 


iO 


CO 


© 


© 


o 


in 


© 


© 


CO 


© 


© 


CO 


l-H 


1* 










































o 


CN 


© 


CO 


eo 


© 


1-H 


© 


© 


CO 


•*JI 


CD 


© 




© 


r-' 


CO 


eo 


© 


© 


•*t< 


CO 


© 


I-H 


CN 


rf 


t~ 


i— 


■O 


00 


1-H 


■** 


CO 


m 


CD 


CO 


o 


CO 


in 


CO 


CO 




© 


o 

CN 


I-H 




©_ 

eo" 


CO 






u3 


I-H 


CM 


I-H 






CM 




CO 


I-H 


,_ 


© 


t- 


IH 


OC 


CD 


eo 


eo 


GQ 


eo 


CD 


CO 


© 


^ 


CD 


CN 


© 


CO 


© 


© 


rt 


CO 


o 


co 


CN 


CO 


■* 


-t 


CO 


eo 


o 


CO 


© 


© 


-r 


© 


CO 


eo 


-cr 


CO 


CO 


CO 


"* 


m 


I-H 


00 


t- 


© 


■** 


CO 


© 


00 


■ in 


t- 


t- 


HJ« 


•<* 


I-H 


© 


CO 










































if5 


CO 


1—1 


o 




iO 


•<# 


■>* 


(N 


© 


© 


t-- 


CN 


t~ 


eo 


CO 


CO 


00 


CO 


© 


o 


CO 


00 


"** 


CO 


I- 


00 


t— 


© 


1-H 


t- 


CO 


CO 


t- 


CO 


m 


-*< 


© 


© 


CO 


■»* 


CN 


CO 


m 


■<* 


© 


CO 


CO 


m 


-<* 


eo 


■* 


t- 


ti« 


eo 


CN 


CO 


■^ 


-* 


-cf 










































rH 




CM 


U0 




© 


CO 
























r-t 




•** 


co 


CO 


CN 


■«* 


i-H 


© 


CN 


_ 


CO 


00 


-<* 


© 


CO 


m 


t- 


r- 


•* 


»C 


>n 


CO 


© 


CO 


CO 


I— 1 


«— 


in 


t— 


in 


iO 


l~ 




CO 


© 


00 


CM 


<N 


CO 


CO 


© 


00 


•<# 


tO 


t- 


t- 


CO 


CO 


© 


t- 


CN 


eo 


ir: 


<N 


t— 


eo 


^ 


CO 


■* 


CM 


i— 










































CM 


CO 


o 


CN 


cm 


eo 


eo 


© 


i— 


t^ 


© 


in 


-t< 


in 


-c 


00 


CO 


t- 


CO 


eo 


1-H 


m 


T* 


CO 


•*1« 




© 


© 


© 


© 


CN 


CO 


© 


CO 


00 




© 


eo 


CM 


TT 


CN 


© 


CN 


•^ 


■«}< 


n 


© 


t- 


t- 


© 


•«* 


H»< 


■"* 


I-H 


"* 


CM 


I-H 


m 


OO 


-t 


© 


o> 


CN 


eo 


CO 


t- 


00 


«r- 


r. 


CO 


t- 


i— 


OO 


in 


© 


'Cf 


CM 


— 


in 


CO 


o 




© 


o 




o 


© 


CO 


1-H 




CO 


CO 


I-H 


CO 






CM 


I-H 


© 


CM 


CN 




I-H 


eo 




t— 


-* 
























T-\ 




O 


o 


© 


o 


o 


© 


© 


© 


© 


© 


© 


© 


© 


© 


© 


© 


© 


O 


© 


© 


O 


o 


o 


© 


© 


© 


© 


© 


rH 


© 


© 


© 


© 


© 


© 


© 


© 


o 


© 


© 



«R 



P4 
CO 

a 

3 



o 


o 





h 


>< 


rH 


s 


r« 


r! 


o 


o 


o> 


^ 


* 


fc 



a a 



- 



o 
rH 




S 


r= 


o 
o 


— 


eu 


u 


^r. 


^ 


- 


=- 



-^ 


— 




51) 


o 




h 


a 

^3 


S: 


CO 


<u 




rH 


- 



.a 

— 



S ^ s 



V 

rC 



^ Ph 



^ ~ 



J fa C 



« »H Ph 

cS «§ « 

- - 

B B B 



>> 

a 
e3 

- 

s 

o 
O 



B 5 



a S 

cS • 

s 



o 



ta £ 



CO ~- 



« s 



~ — 5 o o 



3 3 

a a 



ej a * 



£ £ 



a a a s a 



lx 



REPORT OF THE 



4 



"8881 'IS -oaa 
l^jidcQ jo iu3ca 
-j{Bdrai jo 8n|djng 



i _~ 



^- 00 I— 



•— to 






T3 

es 
a 


© 



CO 
so 

<» 



CO 

•<s> 
SS 
C 

a 

1 

S 

«0 



•8881 'IS *09<I 
sjapiojj ^oijoj 
spjBSaj 8B snjdang 



ao -r 
co O 



•eapiiJWI 880J£) 



I— I rl ■>* 



00 i-< i-H 



•sjaesy bsoj£> 



r-i ■— o 



**888I 'IS *03a 
^srji ye lanoaiy 



<M 


1ft 


oo 


t~ 


CM 


1— 1 


iC 


?— < 


eo 


-* 


to 


■«* 


OJ 


CI 


l~ 


CM 


t— 


t- 


to 


o 


■>* 


o 


o 


OS 




to 


— . 




















to 


CO 


CM 


1~ 




CO 


•** 


■<* 


o 


to 


T* 


to 


ITS 


r~ 


o 


to 




o 


cc 


CO 




CM 


t— 


CM 


Tl 


"* 


GN 




















CO 


OS 


CM 




to 


o 


to 


t~ 


CO 




cm 


eo 


to 


•o 




CM 


CM 


t- 


«§■ 










IH 









r-t 00 i-H 



"IBJldBQ qSBQ 



CM CM o eo 



PQ 



"E i 5 fe 
2 A a 3 






»o 


o 




I 


o 


O 


o 


o 


o 


M 


{H 


£ 


&H 


5 


tH 


h 


* 


>« 


h 


- 


& 


C 


* 


► 


c 


fc 


* 


& 


£ 


* 


s 


S 


3 


■ 


V 


eS 


B 


■ 


a 


V 


a 




fc 


K 


fc 


to 


a 


fc 


to 


to 


to 


to 


s 



O 

o 

fa 
o 

w 

to 



a <s 



C CJ 
cc « 

J* — 



eu ■- ■- 



~. 



i * 



fa -* _r 



a a a a 



B 3 * 



2 


o 

- 




s 
5 






s 
E 


— 
5 






^ 

b 




> 


— 


a) 





o 


o 


c3 
i. 

eS 




£ 


£ 


& 


* 


ac 


— 


i- 


■ 


« 


■ 


CJ 




o 


a 


Iz; 


to 


^5 


5zj 


» 


to 


2 



INSURANCE COMMISSIONER. 



lxi 



T-H 


CI 


•** 


CO 


© 


CM 


rH 


rH 


© 


CM 




t— 


CO 


CM 


CM 


t- 


© 


© 


-f 


© 


CO 


CN 


CO 


t- 


CO 


00 


OO 


O 


i— 


© 




r-t 




CM 


■^ 


© 


I-H 


© 


1-1 


© 


•<*< 


© 


© 


© 


© 


CN 


© 


00 


© 


CO 




© 


© 


t— 


CM 


CM 


© 


I-H 


© 


t- 


i-H 


© 

I"H 




<n 

CO 






CM 




-* 


CO 




© 
I-H 


o 


t- 


CO 


© 


t— 


t— 


rH 


OO 


-* 


CO 


CO 


t— 


© 


© 


© 


"* 


© 


00 


CM 


j-t 


© 


© 


OO 


© 


rM 


© 


© 


© 


© 


© 


© 


r- 




o 


00 


L- 


•«* 


I— ' 


CM 


© 


© 


** 


i* 


OO 


r- 


CO 


rH 


>o 


CO 


© 


CN 


CM 


CM 


CM 


© 


t- 


iO 


© 


© 


© 


CM 


00 


© 


CO 


m 


I-H 


"* 


-* 




t— 




CM 




i— 1 


rH 




id 


CM 


O 


© 


t~ 


t- 


CM 


CO 


to 


© 


I-H 


OO 




r-t 




CO 
















rH 


















© 


© 


T— < 


© 


^ H 


1— 


rH 


© 


^*< 


t- 


CO 


© 


t- 


UO 


© 


© 


© 


CM 


© 


■^f 


»o 


t- 


t— 


t- 


00 


US 


t- 


© 


■«* 


© 


-* 


CM 


© 


I-H 


© 


© 


CO 


CO 


© 


© 


eo 


© 


© 


©_ 


eo_ 


*1 


t~ 


■^ 


r-t 


*- 


lO 


t- 


CM 


°i. 


r- 


CM 


CM 


■>* 


CN 


■* 










































©~ 


© 


© 




■<* 


i-h" 


CO 


uo" 


© 


-* 


m 


CM 


>o 


©" 


r-t 


lO 


© 


© 


CO 


CM 


co 


-* 


CO 


© 




CO 


CO 


t- 


© 


© 


CM 


© 


■<* 


>o 


K0 


>o 


CO 


o 


CM 


CM 




co 




rH 










I-H 


r-t 


rH 


eo 


I-H 






eo 


r-t 


-tt 




-* 


© 


© 


> _ 


© 


i-H 


t- 


,_, 


© 


■■* 


t~ 


CO 


© 


t- 


o 


© 


© 


to 


CM 


© 


"* 


o 


t- 


l- 


t- 


CO 


>c 


t- 


© 


■* 


© 


•>* 


CM 


© 


1— 1 


© 


© 


CO 


oo 


© 


© 


CO 


©_ 


© 


©_ 


CO 


CM 


t- 


TJ< 




t- 


O 


t— 


CM 


© 


H 


CM 


CM 


-* 


<N 


•<*• 










































© 


©" 


©" 


T-H 


■* 


T-H 


eo 


o 


© 


-*• 


lO 


CM 


US 


© 


I-H 


lO 


© 


© 


CO 


CM 


oo 


T* 


CO 


© 


© 


OO 


CO 


I— 


© 


© 


r— 


© 


■Hjt 


Ifl 


© 


iO 


CO 


uo 


<N 


CM 


©^ 


<& 


CM 


©_ 


CM 


CM 


CM 


©^ 




WO 


CO 


© 


eo 


co 


CO 


b- 


eo 


© 


CM 


© 


i-T 






r-T 








1-1 


co" 
























■^ 


© 


CM 


t- 


_ 


© 


00 


eo 


co 


lO 


© 


OO 


I-H 


CO 


UO 


© 


CM 


CM 


' eo 


r-< 


o» 


© 


© 


«5 


t- 


l-H 


«o 


© 


o 


© 


© 


•>* 


CO 


rH 


■^ 


r-l 


© 


© 


© 


00 


CO 


©_ 


lO 


°i 


<N 


°i. 


©^ 


t— 


© 


CO 


CO 


t- 


00 


t~ 


t- 


t— 


UO 


© 


00 


© 










































CM 


oo" 




CN 


t— 


CO* 


ocT 


© 


m 


CM 


00 


oo 


© 


CM 


ta 


CM 


© 


oo 


t- 


CO 


*- 


© 


co 


CO 


i-H 


OO 


© 


CM 


© 


© 


CM 


CM 


© 


© 


■*# 


■* 


lO 


eo 


eo 


CM 


uo 


I— 1 




"^ 




CM 


rH 


co 


00^ 
r-T 


© 




CM 


CM 




co 


O 




t- 




■* 


co 


© 


eo 


CO 


<N 


© 


© 


00 


t~ 


CM 


© 


CO 


CO 


CO 


rH' 


lO 


00 


•>* 


© 


lO 


•a 


t- 


© 


1* 


lO 


t~ 


CM 


© 


-* 


t- 


•<* 


© 


CO 


eo 


■^ 


CM 


© 


■^ 


© 


t~ 


t- 


°i. 


eo_ 


co 


© 


r- 


t- 


Jt 


rH 


© 


00 


•<* 


© 


© 


© 


© 


t- 


■* 


© 


UO 










































r-t 


00 


r-T 


CO 


rH 


m 


CM 


o 


"# 


t- 


CO 




CM 


© 


« 


t- 


© 


iO 


eo 


lO 


© 


CO 




CM 


CM 


© 


■* 


© 


t- 


© 


© 


CO 


1*1 




■* 


© 


OO 


© 


© 


•«# 


to 


*~ 


CO 


l-H 


CO 


o 


CO 


oo 


© 


rH 


UO 


OO 


© 


i* 


© 


(M 


eo 


© 


<N 


CO 










































l-l 






CO 








■<* 


Tl( 


rH 












I-H 




rH 




rH 


co 


© 


© 


eo 


00 


© 


— 


t— 


■<5" 


CM 


CO 


t-H 


© 


© 


CM 


CM 


© 


© 


© 


© 


CM 


CN 


m 




00 


CM 


t- 


© 


^H 


t- 




© 


I-H 


c* 


© 


OO 


CO 


CO 


© 


CO 


© 


© 


>o 


00 


CM 




00 


t— 


t- 


eo 


© 


°J. 


00 


© 




CM 


i— i 


CM 


r-t 


to 










































■>* 


■<* 


on 


r~ 


r-l 


CO 


00 


© 


iti 


© 


© 


CM 


© 


© 


© 


© 




UO 


CM 


© 


t- 


t- 


CO 


i-H 


© 


00 


r-t 


rM 


CM 


© 


© 


t- 


^1 


■■# 


© 


© 


CO 


CO 


00 


CM 


lO 


© 


CO 


CM 


<N_ 


©. 


©_ 


■* 


© 


r-t 


t— 


CM 


CO 


oo 


UO 


© 




•<J< 


1# 


r-l 










































© 


© 


■<* 


© 


**" 


e>f 


l^" 


t-T 


© 


© 


t- 




© 


T-H 


t- 


CM 


© 


UO 


"# 


© 


*- 


■<*< 




CO 
i— I 


rH 


CO 


rH 


© 


CM 


r- 


rH 


CM 


H* 


rH 


«N 


•<* 


rH 


© 




■>* 


o 


© 


© 


© 


© 


© 


© 


© 


© 


© 


© 


© 


© 


© 


© 


© 


© 


© 


© 


© 


o 


© 


© 


© 


© 


© 


© 


© 


© 


© 


© 


© 


© 


© 


© 


© 


© 


© 


© 


© 


o 


© 


©_ 


©_ 


C^ 


co 


©_ 


©_ 


©_ 


© 


© 


© 


© 


© 


© 


© 


© 


© 


© 


© 










































o 


© 


©" 


© 


cT 


©" 


©" 


©" 


©" 


© 


© 


© 


© 


© 


© 


© 


© 


© 


© 


© 


© 


© 


•ra 


© 


© 


«o 


© 


© 


© 


© 


m 


© 


© 


© 


UO 


© 


© 


© 


© 


© 


©_ 


CM 


CM 


■<* 


CM 


CM 


CM 


©^ 


©^ 


■** 


CM 


co 


<M 


CM 


<N 


■* 


CN 


uo 


CN 


UO 


*"* 














t—i 


of 






































































rt 
















•S 








tS 






CS" 




• 


M 




s 


J3 


0) 


M 


Ja 


• 


o 

c 
o> 

!2 
'> 
o 

hi 


• 


s 


h? 
o> 

-l-j 
CD 
0) 

o 


M 


B 
O 


S 


M 


• 


2 


• 




h. 




ft 


OX) 


*-> 


t~ 


h. 






ft 


hi 


> 


ft 


hi 




ft 




hi 

.2 

u 


o 


C 
tlj 

es 


_c3 


hi 

3 

.B 

00 


oo 
V 

« 


o 

r^ 


o 


hi 

a 

<-i 
hi 


OC 

a 


"3 


o 

>< 


w 




O 


"a 

cS 

Cm 


"3 

ess 


o 

be 
es 
o 


C3 


S) 


JB 


s 


*"J 


es 


CD 


01 


es 


o> 


3 


o 


OJ 


o 


s 


o> 


^j 


2 


"B 


re 


Z 


o 


cu 


04 


2 


» 


r5 


w 


Ph 


P3 


Ph 


P3 


525 


|23 


Ph 


Jz; 


CO 


Pm 


o 






"Jo 

3 
a 

0> 


• 












G 






• 










oT 

_B 










5 














O 
















"C 
























on 
















cS 










'm 


^ 












a 






« 










2 










O 


a; 
hi 












3 






c 
e« 










•O 








h, 


rH 

B 

eg 


.2 

3 




hi 


oT 

hi 






3D 

■ 

u 






- 

V 

u 






9 

T3 

hi 
83 




B 
eS 

0) 

hi 

"5 

OS 
Ph 






HJ* 

b 




J4 


00 

s 


CO* 

"b 


at 
"b 
ft 


J? 

"b 

ft 




"S 
8 


a 

"3 
"> 


o?j 

a 
^3 


o 
B 
es 


o> 

co 

o> 


co" 
hi 
CD 


-4-* 

"E 


3 
00 


hi 
cS 

a 
S 


'S 

s 


"so 

hi 
o> 




'S 


c 


a 


o 


o 


o 


OJ 


o 


es 




o 




o 


*c 







es 


*n 


63 


c3 


o 


« 


0) 


0) 


A 


.a 


hi 


0) 


0) 


o 


S 


V 


ft 




O 


hi 


o 


Cm 


Ch 


- 


Cm 


Ph 


Ph 


Ch 


Ch 


(U 


P3 


P3 


P5 


PS" 


CO 


m 


CQ 


CO 


H 


H 



be 
B 

B 



& 



«d 



bO 

B 

B 



lxii 



REPORT OF THE 





o 



so 



CO 
•<s> 

O 
g 

s 

«o 



- 
- 





. 


iO 


o 


»* 


© 




© 


CO 


r- 




° tf * 




t-- 


o 
■a 


© 


00 


1 


lO 


C» 


© 


1 


Percentage 
Surplus o 
Impairmen' 


8 «> 

I- 








© 




00 




CO 
CN 






■>* 


© 


-P 


rt 




© 


© 


CI 




M DO 

• CO 


CO 


F-H 

d 


CN 

CD 


-* 
oo 


1 


CO 


1- 

-T 


© 


1 


6 5S 
Q 




r-t 


CN 


© 




OJ 


CO 


CN 






o 


eo 




CN 




oo 


© 


© 


{Q 


"8881 'IS -03(1 


•-- 

CO 


eo 

-* 


CM 

o 




ao 


© 
eo 


9 


CO 
CN 






















lB?td«Q io juara 


CO 


CO 


oo 


CO 
T 
CN 




oo 
c-> 


a 

CN 


CI 

© 

CO 


CO 
© 
1- 


-jpjduii jo eroding 


















OC* 

eo 




O 


CO 


pa 


CN 


eo 


CO 


© 


—. 


CO 


"8881 'IS -oaa 


00 


CO 


ci 
i~ 


CN 

O 




00 


© 

eo 


CO 
























849PIOJI ^OlIOJ 


CO 

c 

CN 


eo 
CN 

CO 


3 

CO 


CO 
© 

-r 


CN 

O 


a 

oo 

u3 


© 

CN 

:: 


CI 

>o 

■ 


•»* 


epjBSej s« snidjng 


• 
















€& 




eo 


o 


© 


CO 


iO 


r. 


© 


CI 


^ 






CO 


o 


o 


lO 


CN 


■«* 


© 


© 








CO 




CN 


ao 


o 


©_ 


© 
























>A 


© 


t~ 


o 


^* 


CN 


CO 


~f 


eo 


•sailHjqBii 8soj£) 


eo 


CN 


CO 

CO 




T-l 


© 
00 


i-i 




© 

CD 

CO* 

■~ 

4h 




oo 


CO 


CN 


CO 


00 


CO 


© 


rt 


CN 




© 


CO 


CO 


t- 


a 




CO 


— 


CO 




CO 


«o 


CO 


l-H 


°L 


eo 


© 


»r: 


























cn 


«o 


CN 


O 


co" 


CN 


X3 


CO 


© 




o 


o 


CN 


CO 


CO 


© 


■^ 


CN 




•s^assy esoj£) 


I— 


CN 


©_ 


CO 


t- 


co_ 


■»* 


CO 


-". 




i-* 


i-T 












»o 




















CO 








































f» 




CM 


^ 


-r 


00 




^H 


eo 


00 


CN 




CN 


CN 


© 


CO 




CN 


CN 


t— 


-T 




CO 


"<* 


>o 


CO 




© 


(— 




© 
























ao 


t-^" 


»— 


30 


1 


CO 


-C 


oo 


CO 


*888I 'is ^a 


•>* 

OS 


© 


CO 






CO 

©. 


>H 


CO 

© 


ao 






















^ej-jj j« lutiomy 


CO 


CO 




eo 
CN 




oT 

l-H 


..- 


© 
© 


CO 

00 

oo- 




o 


O 


o 


O 




© 


© 


c: 


lO 




o 


o 


o 


© 




© 


© 


■=. 


cc 




o 


o 


o 


© 




© 


© 


© 


CN 












1 










•jBjidso qeso 


o 

CN 

€» 


o 
o 


© 
© 

CO 


© 
CN 




© 

CO 


© 
© 
CN 


>JC 
CN 


cT 

cf 


fc 




c 
















© 


of 


o 


e? 


































h 


— 


"3 


A 


M 


-i 


M 


- 


^ 




< 


O. 


c 


O, 


u 


J- 


ft 


t! 


C 




o 




cj 




O 


o 


o 


J- 


>, 




o 
h-1 


_C8 


fa 


— 


5* 


5h 


h 

& 


d 

X 


s 

o 
o 






2 


eS 


5 


0> 


£> 


• 


^ 


u 








X 


- 


55 


55 


55 


^ 


CO 




h 










• 


• 








55 




















3 












• 








fc 




















S 












, 








O 




















o 




















fo 










X* 


• 








o 










"O 






>i 




<! 
55 






£ 
S 


X 

<x> 


>> 

o 

■ 
B 






o 

OC 

i- 

3 










h 


es 


CS 


«5 




^3 
















£ 




E 

C3 










fa 


X 


QQ 


s 
a 


S 
h 
• 






cT 


c 


T3 


T3 


t3 






O 


V 


CD 












o 


o 








■ 


SI 


















V 


CI 










B 

52 


a 
5= 


c 

p 


c 


a 


* 


£ 


5 





INSURANCE COMMISSIONER. 



lxiii 



•fco 
so 



CO 

CD 

e 
s 

CO 

3 



X 








o 




































CD 




00 














■<*• 




eo 


-i< 












•uanuAl 


o 


i 


i 


1 


i 


i 


1 


■<* 


1 


•^ 


o 


i 


CO 


1 


, 




o 

■J 


Sqsi^ 






















I-H 














































qo 


CO 














-* 




eo 


eo 




CO 








o 


C 73 

.2 > 


00 


. 




1 




i 




«N 




CO 


•** 




r- 








o 


CO 














O 




t£ 


<N 


i 


CO 


1 


1 






-* 














CO 




m 


m 




■>*i 








fcH 


2 1 






















<N 












< 

0- 






































CO 














r~ 




tr- 


00 




o 












CO 














<N 




Ot 


00 




o> 












CO 














1-H 




CO 


CO 




o 










S 2 




i 


i 


1 


i 


i 


1 




1 












| 






a 














o 




o 


o 




OS 










ee 3 


t~ 














CO 




<M 


I— 1 




CO 










3^ 


& 


















°i. 














DC 
GQ 






































































W 


a 


T-t 














CN 


I—I 


CO 


1ft 




o 








fc 


5 « 


O 














o 


00 


o 


eo 




o 








in 














oo 


rH 


°J> 


CN 




I-H 










s > 




i 


i 


1 


i 


i 


1 














1 


I 




CO 


o" 














Ov 




co" 


■* 




-* 








pa 


a § 


i- 














Ol 




eo 






Oi 








£ 8 


7? 


















eo" 














w 




































2 






































































s 


s 


CM 














■* 


o 


fr- 


o 




eo 










fr— 














o 


o 


ee 


rH 




"HI 








C0 














c» 


CN 


co_ 


l-^ 




CO 








*; 


CO* 


i 


i 


1 


i 


i 


1 


i-T 


co" 


-* 


o" 


i 


co" 


1 


1 






E" 


© 














lO 


eo 


fr- 


(N 




© 










£ 


-* 














o 


co 


CO 


O 




i— 












































T— 1 














CO 




t- 


I-H 




•^« 










as 


o 














I-H 




-* 






I—l 












«■ 


















•<*< 




















































s 


































o 


», c " 


CO 


o 


CO 


CO 


•** 


CO 


00 


t- 


00 




a> 


t- 


CO 


eo 


"# 




r< 


CO QJ 


o 


CO 


I— 1 


CO 


CO 


CN 


CO 


CO 


t- 


1 


CO 


Hj« 


o 


eo 


■* 




CO 


x -^ 


































GO 

o 


5 £ 


































CO 


CI 


CO 


1* 


CO 


CO 


I-H 


<N 


o 


o> 




CO 


CO 


CN 


CM 


t- 







a •§ 

.5 > 


© 


CO 


•<J« 


•<* 


t- 


I-H 


c» 


CN 


o 




ce 


OS 


CM 


© 


© 




© 


■* 


.—1 


00 


•^< 


,H 


CO 


»o 


■«* 


,_| 




o 


•* 


00 


C3> 


i~t 






l« 


t- 


•^ 


o 


CO 


o 


CO 


*G> 


00 




i— 


o 


•^ 


CO 


CO 




H 




































< 


Ph K 




































2 


o 


•* 


U3 


CO 


CO 


t~ 


eo 


*a 


eo 




•* 


o 


<N 


■■* 


CO 






■<# 


o 


fr- 


t- 


lO 


OJ 


05 


o 


i> 




CO 


o> 


-* 


© 


fr- 






4 


CO 


I-H 


fr- 


t- 


CO 


CO 


o 


03 


CO 




Tj< 


I-H 


(N 


o 


"t. 










































fa 


*n 


CO 


CO 


© 


CO 


o 


CO 


*n 


o 




00 


t* 


CO 


o 


in 








CO 


o 


© 


CM 


CM 


o 


CO 


o 


CN 




eo 




CM 


© 


© 






■ 


eo_ 






CM 


eo 


CM 


a> 


«o 






r-l 


5" 


IN 




eo 






o 

co 


m 


































O 


































GO 


h~ 




































CO 


iO 


© 


fr- 


eo 


CO 


(N 


CN 


uO 




CO 


I-H 


Oi 


I-H 


t- 




H 


co • 


© 


© 


rH 


Tf 


»o 


o 


CO 


CO 


o 




CO 


T-< 


eo 


© 


i« 




— > 




o 


© 


© 


eo 


CN 


00 


CO 


t-- 




o 


fr- 


i-i 


lO 


I-H 




2 


































© 


00 


CO 




■«n 




m 


CN 


.o 




eo 


C5 


OJ 


CO 


CO 




00 

s 


<N 


t- 


o 


CM 


(M 


o> 


a> 


eo 


(N 




CO 


00 


CO 


eo 


eo 




S S 


■^L 




CM 


"* 


o 


•^< 


""H 


Ol 






I-H 


eo 


if 


I-H 


CO 






£ 8 


of 

4& 












i—i 




















tf 




































£ 


c 


t- 


eo 


•<* 


<M 


a> 


CO 


o 


-* 


CO 




00 


^ - 


© 


,_, 


I-H 






CO 


o 


o 


00 


ta 


<s> 


»o 


I-H 


i-H 




i-H 


o 


00 


CO 


Tjl 






- 


US 


(M 


CO 


►- 


<N 


I-H 


t~ 


CR. 




o 


>o 


00 


t- 


I-H 


























1 


















CO 


*rz 


CM 


C55 


o 


CO 




(N 


co" 




oT 


OS 


Ol 


© 


*n 






u 


CO 


© 


00 


CO 


t- 


~Y 


<N 


O 


fr- 




I-H 


•o 


o> 


CM 


•>» 






► 


CO 


eo 


© 


t- 


o 


■<# 


(N 


I-H 


ee 




o 


00 


o 


~*1 


CO 








































© 


© 


■** 


eo 


o 




•^ 


its 


<N 




vO 


if» 


(N 


it} 


cjT 






CO 
CO 


<M 




m 


CO 


o 


O 


"C* 


I— 








•<*> 


T}< 


1-4 


CO 






<N 
4& 










r-l 


rH 


























































rH 




































|H 




































55 




































•<l 












^ 


ct 








C 
.2 














Ph 












M 

In 

o 






o" 

.2 




. 




• 


. 






O 












|H 


•e 






C3 








„ 






o 












£c 


_S 


. 


"C 

C3 


. 






Z? 


M 






fa 
o 

fa 

a 

<1 


• 


• 


• 


c 


"3 

b 

a 

«9 

o 

c 


fa 

a 


2 
Pm 

CO 
ki 

fa 

a 


C3 

73 
ej 
> 


3 

2 

cs 
o 

u 
fa 


"3 

3 
3 


rz 
C 
a 

9 

fa 
m 


B 

C3 

o 

o 


cf 


a 

B 

'5 

c 

s 


O 






fc 


of 


a 


o 

c 


es 


cS 

o 




CO 

o 
"I" 


15 


o 

c 


c 
.2 


3 

a 

a 


.o 


"cO 

c 
o 


"So 

a 

CD 


1 






a 
3 


CCJ 

< 


c3 
< 


£ 
< 


a 
< 


0) 

s 
< 


a 
< 


Tab 

s 


< 


"3 
o 

- 


eft 

3 


"5 


O 





lxiv 



REPORT OF THE 



73 
<v 

.2 

a 

o 

O 



CO 
to 

8 

to 

<»» 

to 

o 

*&> 

CO 
•»o 

e 

|< 

a 
<» 

s 
e 

CO 

■5 



X 



fa 



o 


































H 


•U911UAi 


i 


i 


1 


i 




CM 


i 


i 


i 


i 


~r 


© 


1 


-t 

>o 


1- 


do 

o 

[I, 


8^8}H 




























*■* 




































ID 




eo 






t~ 


I-H 








c-i 


t- 


i-H 




© 


00 


O 


c CD 




CM 






i- 


■o 


I 






CO 


ao 


t— 




r- 


00 


o 


~ > 


i 


tO 


1 


i 


CM 


p^ 








CI 


CN 


03 




t— 


eo 


s 1 
hi 




CO 






6» 


00 








o> 


CO 


-T 




co 


o 








































t- 






o 


CM 








Ol 


CO 


3 




eo 


>o 




co 




o 






CO 


r-1 








00 


© 




-* 


-r 






-* 






o> 


OO 








CO 


-r 


CO 




©_ 


to 






































i-H 






CO 


CO 








CO 


CO 


CO 




CO 


DO 




5 5 




^ 






I-H 


CO 










00 


CM 






















rH 










I— 1 










09 


































































H 


CO 




Tf< 






t- 


<£ 








© 


I-H 


tO 




i-O 


© 


g 


5 *> 




© 






>-H 


CO 








CM 


© 


~f 




— 


I- 




°i. 






co 


I-H 








°L 


©_ 


CO^ 




■£ 


tO 


en 


•H > , 


■ 


CO 


• 


i 


CO* 


f^" 


I 


i 


i 


CO" 




1-^" 


1 


I-H 


ct 


P 






m 






CM 


o 










© 


o 




















CM 










CM 










fc 


































































K 


s 










I-H 


CO 










CO 


-r 




CO 


© 


<1 










oo 


-f 










© 


•o 




c- 


o 


£ 


i 


i 


1 


l 


cjT 


CO 


i 


i 


i 


1 


cb~ 


"*- 


1 


CS_ 

co" 


cT 




n 










o 


CO 










t 


rv 




iO 


CO 




£ 












CO* 










t- 


CO 




CM 


©_ 
cT 




a 










«» 


CM 










-* 












M 


































X 




































































d 
































O 


« s 


t— 


CM 


t- 


CO 


t- 




o 


CM 


o 


»o 


►» 


CM 


© 


© 


© 


H 


^4 -2 


© 


tO 


CM 


CO 


t- 


| 


CO 


CO 


CO 


•* 


eo 


>o 


CM 


1— 


© 


■ 


» „~ 
































■ 
O 
r-3 


5$ 
































co 


© 


CO 


00 


CM 


o 




o 


CO 


CM 


CO 


«o 


t~ 


,_ 


00 


Ti 


o 


.2 > 


CM 


CO 


CO 


© 


vO 




CM 


CO 


03 


CO 


lO 


CO 


© 


H* 


H»i 


o 


CM 


I— c 


t- 


CO 


CM 




a> 


o 


o 


m 


co 


CM 


fi 


© 


CM 


a 'S 

£ 3 


CO 


to 


■«* 


t- 


CO 




CO 


o 


CO 


to 


-<1< 


o 


O^ 


CO 


CO 


-a. 
































a 


& h 


































■d 


-* 


00 


o 


t~ 


o 




t- 


o 


l~ 


» 


CO 


eo 


b- 


I-H 


-r 




CO 


CO 


o 


■* 


CO 




o 


CO 


o 


© 


CM 


CO 


aO 


© 


— 




*c3 




■** 


i-H 


CO 


CO 




>o 


CO 


<3> 


CO 


© 


© 


t- 


CO 


t» 
















| 






















pL| 


I- 


CO 




CN 


t~ 




CM 


CO 


CM 


© 


CO 


CM 


r: 


© 


CO 






lO 


CO 


CM 


00 


eo 




00 


CM 


O 




L." 


© 


I-H 


H* 


CO 




00 


I-H 








CM 






CM 


CO 


<M_ 










I-H 




CD 
co 


& 


















1-H 














ca 


































O 
































to 

CD 


iJ 


































© 


■* 


I-H 


CO 


CO 




o 


t~ 


t~ 


CO 


-f 


© 


r— 


I-H 


t- 




co 


■^ 


1-H 


CO 


00 


o 




oo 


t- 


o 


CM 


•M 


lO 


CO 


oo 


— 


a U 


CM 


CM 


tO 


CO 


o 




o 




o 


CM 


CO 


— 


l-t 


CN 


CM 
































3 > 


CM 


to 


t* 


I-H 


C5 




o 


© 


OJ 


00 


CM 


•_r 


o 


t- 


a 


CO 


tO 


CO 


T»t 




t~ 




1-H 


o 


00 


CO 


CM 


t- 


CO 


CO 


CM 


w 


| g 


CM 






l-H 


CO 




CM 


■>* 


— 


CM 

cm" 


I-H 


i— i 






CM 


P8 


































£ 


































a 


CO 


CO 


CO 


OO 


■<* 




00 


CO 


t- 


,_, 


© 


■^< 


I-H 


~ 


CM 




CO 


to 


to 


tO 


■* 




CO 


o 


o 


o 


© 


CM 


© 


CM 


CO 




00 


00 


1-H 


© 


H 




CO 


00 


CM 


I-H 


■-# 


t- 


CM 


© 


-* 








































t— 


CO 


00 


■«1< 


CO 






(M 


CM 


lO 


CO 


1-4 


© 


© 


© 




C 


CO 


© 


r~ 


-* 


rH 




o 


~ 


1-H 


CM 


CO 


CI 


© 


© 






£ 


1—1 


CO 


00 


tO 


t- 




®1 


t- 


I-H 


CO 


<M 


© 


© 


00 


CM 




































CO 


CO 


t- 


<M 


o 




*-^ 


co 




CO 


»o 


CO 


CO 


>o 


CO 




oo 


I-H 






I-H 


CO 




<M 


CO 


o 


t— 


rH 


I-H 






CM 




M 


«» 
















rH 


CM 














■ 


































5 


































* 


































to 


































3 






























o 




a 






















>^ 


«T 


• 


*n 


- 




o 
o 






















«a 


c 




--: 


n 




£" 


^ 






B 


. 




. 


m 




.2 

■ 


CJ 


. 


a 


e3 




fa 




0B 








"5 










re 


a 




s 


T3 




o 


3 
.o 
oo 

«a 

"on 

c 
o 


"5 

o 








s 






cT 




"3 


TJ 




33 


C 
03 

CS 

u 

fa 

O 

^3 
33 




fa 

a 
to 


*00 

B 


fa 


Q 

a 


"3 

In 

a 


s 

£ 
"3 

u 

a 


C 

o 

a 


£ 

— 

o 


fa 

3 
Q 

a 

o 


"5 

a 
a 


3 
*-> 

1 

S-t 

03 


a 

CS 
CP 

J- 

fa 

"o 


«-> 
a 

m 

CD 

■— 


fa 

co 

oo 

*n 

ft, 






N 


N 


>> 


a 


a 


a 


a 


u 

c 


c 


C 


£ 


s- 


"5. 

a 


CJ 

— 


"5 






•3 


tj 


J7n 


o 


o 


o 


o 


o 


o 


o 


m 


■ 


c 


cr 






5 


o 


O 


O 


O 


O 


O 


O 


O 


O 


P 


- 


fa 


fa 


fa 



INSURANCE COMMISSIONER. 



Iky 



i i i 



i • i i 



i i i i i i i i i i 



i i i 



i i i 



i i i i 



i i i i i 



i i i 



■ i i i 



rT ' 



I I I I 



I I I 



1 _T l l I 



l I I I l 



t- 


o> 


iO 


OS 


CO 


OO 


o 


o 


CN 


CO 


io 


CO 


iO 


o> 


CO 


CO 


-* 


t- 


1— 


OO 


o> 


■* 


t- 


CO 


t— 


O 


»o 


■«* 


CO 


■3" 


CO 


o 


IT3 


co 


L~ 


CO 


eo 


•* 





CD 


OO 


oo 


o 


»o 


CO 


5* 


o 


Ifi 


-+ 


<«* 


. OJ 


1—1 


1-H 


CN 


t— 








CO 


co 


iO 


•<* 


eo 


r— 


I— 


CO 


CO 


t— 


f— 1 


Ol 


«* 


>o 


t- 


eo 




CO 


CO 





r-l 


t^ 


»o 


m 


to 


fH 


eo 


os 


os 


«3 


o 


oo 


o 


o 


rH 


iO 


eo 


►-. 


01 


eo 


00 


j-i 


to 


CO 


o 


O 

i— i 


■* 


CO 


m 


O 


CO 


CO 


CO 


CO 


CO 


»o 


CO 


t— 


iO 


■3 


O 


O 


CO 


OS 


t- 


,_, 


uO 


o 


CO 


■* 


CO 


CO 


t- 


-+ 


i— i 


CN 


eg 





IO 


-* 


CO 


OS 


-f 


CI 






i—i 


CN 


o 


CO 


CO 




-+ 


o 


o 


1-H 





TH 


CO 


o> 


CD 




t~ 






CN 


■<*< 


CN 


OI 


CN 




o 


o 


CN 


I* 


CN 


00 


t- 


iO 





CD 


O 


eo 














































CO 


eo 


A 


OS 


g> 


o 


CO 


-f 


eo 


CN 


CO 


CO 


CO 


CN 


CO 


-r 


-* 


-c 




o 


■<* 


-H 


r- 1 


OS 


CN 


00 


CO 


t— 


CN 


o 


CO 


t— 


Tj< 


CO 


CO 


CO 


iO 


CO 








rH 


f-t 




iO 




rH 


1-1 




1-H 


CN 


-* 




CO 


1-1 


CN 




1-H 


CO 


CO 


t- 


o 


CO 


t~ 


>o 


-* 


o 


t— 


co 


CN 


CO 


in 











CO 


00 










o 


os 




-* 


o 


CN 


o 


os 


TJ 


o> 


>o 


t~ 





CO 


iO 





•* 








CN 




CN 


CO 


CO 


OS 




CN 


1-H 


CN 


iO 


1-H 


t- 


eo 


1— 


-* 


CO 












































CO 


t— 


OS 


CO 


t— 


O 


1— 1 


o 


00 


00 


CO 




OS 


CN 


I— 


00 


OS 










•f 




o 


CO 


"3 


•<* 


© 


00 


CO 


CD 


CO 


CO 







1— 


CO 













CN 


CO 

1-1 


1— 1 


OS 


1-H 


CN 


CN 




1—1 


-* 


co^ 

CN* 


rH 


rH 
1-H 


CO 


Tli 


1-H 


CN 


O 


to 


CO 


CN 


CO 


o> 


r-t 


-* 


o 


CO 


o 


iO 


CO 


CO 


CO 


CO 


CO 


CN 


CO 














os 


CO 


CN 


CN 


CO 


CN 


■^< 




CN 


t~ 





00 


uo 










-+ 


T— 1 


CO 


iO 




OS 


>o 


eo 


rH 


1-H 


CO 


•^< 


Oi 


CO 


t- 


t- 


eo 
















































o 


T 




CN 


CO 


CO 


co 


i— i 


CN 


>o 


O 


CO 


01 


o> 


CN 


00 




CO 












I— 


1-1 


"S 


h- 


t- 


<H 


CN 













•* 


CN 










|H 


oo 


o 


O 


o 


00 


■<*• 


CO 


iO 


iO 


r-t 


m 





O 


CO 


*n 





iO 


o 


to 


OS 


CO 


t~ 


o 


,_r 


CD 


CO 


CO 


t- 


00 




o> 


CD 


OS 















CM 


•H 


l-l 


OS 


CN 


i-l 


CO 




1-1 


-* 


I— 

CO 


r-< 


rH 


-* 


CO 




CN 












ej 






































^ 


.3 




































„ 


e8 


fa 






























• 


• 


. 


Jd 


-= 


Cm 




































s- 


Oi 


O 




































o 


















K 






















>H 


1) 

-3 
















2 




















CJ 

*hl 

09 




J5 

fa 


3 
3 

o 




o 




„ 


■id 


^ 


C3 








0/ 

"h 








■~ 

s 

V 

ox 

c 

eS 

.3 
o 

fa 


• 


•3 
3 
ci 


o 

3 

o 


Sh 

o 

3 
O 


6 
D 

03 


T3 

3 


o 

a 

"3 

pa 

i° 

"s 
o 

s 

cu 

hi 

s 


3 
O 
— 
>> 


hi 

a 


o 


3 
rO 

s 

3 


a. 


3 
C3 


. 


. 


a 


. 






3 

t; 

c3 
hi 

la 

4 

fa 


>> 


c5 
"o 
O 
to 

CO 

< 

CU 

hi 


o 

CO 

oo 
<\ 

cu 

■~ 


O 

hi 

3 
■ 
C 
1— 1 

49 


3 

fa 

JO 

"s 

« 

s 

CU 

hi 

E 


Q 

JO 

a 

cu 

s 

hi 


JO 

*s 

a 

s 

hi 

fa 


JO 

3 
CU 

s 

cu 

h. 


o 
O 

a 

M 

3 
85 
— 


hi 

3 
2 

3 

CJ 

>h 
fa 


0> 

a 

3 
C] 

a 
hi 




in 

fa 

3 

a 

a 
hi 

B 

O 


.2 
"S 
a 

a 

cu 




cu 
■— 

E 

hi 

h 

5 


m 

fa 

co 
B 
cu 

5 


It 

3 
■ 

h. 


CU 

£ 

cu 
"c 

ci 
hi 

O 



Ixvi 



REPORT OF THE 



n3 

<D 

=5 

d 

— 
— 

a 
o 



«0 

e 

?■> 

to 

o 

e 

I 
a 

8 
8 

is 

S 



X 



- 
pg 
< 



a 

ft 

M 
05 

B 

« 

< 
=5 



■uaniiM 



i § 



1*2 

.2 > 

a » 

04 cs 



i i t 



i i i 



■ - iii 



i i i i i 



i i i i i 



*& 



i i i i 



,_- i 



i i i i i 



■3 i 



•= .2: 



£* 



- 



•-■ © t- © ^- 



iO 


■<# 


© 


s* 


,_, 


© 


Oi 


o 


— 


00 


ao 


o 


t— 


?« 


-ri 


o 


00 


t— 


o 


00 


OS 


o 


CT> 


a> 


e« 


00 


o 


<N 


■- 


t) 


>o 


& 


CO 


I.- 


o 


t~ 


00 


S3 


-r 


oo 










« 



t- r- 



>£» 



r- O ^ 



I-l I-H C<i 



CO 1-1 I-H 



C > 

_ i 

5 P 



- 



n a 



* ~ 



o © w s W 



5 - 



a e o 



- r - 






• ? 

a o 



= s 

CJ — 

I I 



1 I 

5 g 



INSURANCE COMMISSIONER. 



lxvii 



i i i 



ii i i i i i i i • i 



i i i 



i i i 



cm oo 



i i i i 



I i i i i 



' ,-T 



i i i i i i i i i i 



i i i i i i i i 



CM CM 


© 

CO 




CO 

CO 




o 


CO 


CM 

CO 


o 

CO 


C5 
CO 




CM 


I-H 


00 

eo 


oo 
CM 


o 


00 

eo 


o 
eo 


lO 


t« O 

<o t- 


CO 

00 




CO 

o 


00 
OS 


o 


CO 
oo 


CM 


CM 


CO 




oo 


t-- 


CO 


CM 


in 


o 

CO 


03 

CO 


o 
eo 



1-1 t- ■>* 



ii •-■ o 






«j — 



.5 j= 

oj cj 





es 




oo 


• 


s 


• 


o 








p 




-O 




- 




a 




A 




« 




o 






s 






ta 




<u 






« 


s 


a 


a 

c9 


a> 


p 

- 


V 


OB 


o 




•P 


TZ 


is 



w 



h - - 



a, <v 



2 



.x ^: s 



a a a 2 a fc fc 



- 


In 


>> 


,0. 
at 

"5 


«T 


B 


t 


S 
to 




,P 

— 


o 

H 


H 






>r 


p 

— 


£ 


s 






m 




> 


s 


99 




o 

>* 


o 


o 


03 

C3 


— 


* 


* 


* 


* 


& 


C4D 
09 


c 


k. 


O 


0) 


cu 


OS 


m 


o 


o 


£ 


fc 


fc 


55 


fc 


fc 


fc 


to 



lxviii 



REPORT OF THE 



O 

d 
o 



so 



SO 

& 

I 

o 

S 

as 



PQ 



o 
















eo 


CO 




-r 










a 


H 


•aanu^Ai 


i 


1 


1 


1 


1 


i 




CO 


i 


CO 


I 


i 








■ 

CD 

s 

b. 
C 


ensitf 
















CO 
















































-L 














o 


OS 




o 










TI 


E £ 


i 


1 


1 


1 


1 


i 


•o 


C3 


i 


CM 


1 


i 


1 


. 


/ 




D > 














t- 






•o 










ri 





















C^ 




l~ 










a 


H 


g » 
o 8 
















s> 
















as 


£ M 
















































i~ 


o 




e» 










CO 




s « 














l- 


-r 




t— 










-X) 
















t— 






r- 










CM 




i 


1 


1 


1 


1 


i 


•J.- 


oo" 


• 


t-^" 


1 


i 


1 


1 






I — 




















CO 










X> 




J 
















-r 




CM 














•J - 1 
































■I. 


































































- 


oo 














CM 


to 




■- 










to 


g 


g 8 














a 


to 




t— 










"3 


CD 


= > 


i 


1 


1 


1 


1 


i 


o" 




i 


■S 


1 


■ 


1 


1 


CO* 


P 


— — 
















-r 














CI 


« 














«& 
















•"* 


Sa- 
































fe 


































































- 


p 














•M 






CO 










ao 


< 


8 














<£) 


1— 














— 


2 


i 


1 


1 


1 


1 


i 


CO* 


to 

CO 


i 


rr 


1 


i 


1 


1 


CO* 




*C 


































£ 




















S 










F4 






















z~ 










^* 




■ 




















to 










CI 




>^ 


































X 




































































^H 


































































o 


c 


, 




o 


— 


•«3> 


r- 


i— 


r. 


r> 


a 


_. 


a 


-1 


r 


i3 


r- 


X ^ 


to 


— 


o 


o 


CO 


CO 




■ - 




— 


u-£ 


— 




— 


to 


n 


.2 •- 
































i 


-- .- 
































c 


— > 
































J 
fe 


r~ 
































* _: 


-r 


t— 


t— 


o 


t~ 


•a 


a. 


.- 


r~ 


rs 






CO 


o 


CO 


o 


- - 
~ ** 


oc 


o 


ec 


o 


CO 


t- 


00 


~i 


oo 




— 


~i 


— 




CO 


O 


t- 


c; 


,_| 


C5 


CO 


a> 


t- 




-r 


pH 




i- 


ac 


oo 


t- 


- E 


■O 


o 


to 




t- 


■a 


t- 


■ - 






o 


>.- 








«< 


■z - 
































M 


£ K 


































• 


CO 


-r 


•** 


-t 


o 


►- 


FN 


— 


o 


O 


.- 


— 


— 


«~ 


a 




2 


CO 




o 


B0 


■a 


.r. 


o 


— 


o 










— 


oo 




- 


to 


CM 


o 


t~ 


t~ 


^^ 




i — 


— 


— 


— 


o 




- 


to 




& 




to 


pH 


t- 


^S" 


CO 


i- 


t- 


1 — 


^ 


p^ 


_ 


OS 




— 






CO 


■*!« 


:: 


= 


■^ 


— 




-. 


=: 




-j-. 


a 




— 






ao 


-f 






~ 


I-H 


CM 




o_ 




CO 






CM 




CM 




B 

X 


«» 
















^~ 
















i 


































O 


































*" ' 


































CM 


CO 


00 


— 


t- 


^ 


ifl 


CM 


CO 


— 


p^ 


.. 


,- 




CO 




X 


CO 


oo 


o 


-r 


o 


o 


- 1 




to 


~. 


CM 








to 


£ ■§ 


CO 


■<# 


't 


lO 


S 


'S" 


to 


rt 


CO 






o_ 






o 


z 
































= > 


o 


t~ 


o 


CM 


CO 




ti 


<o 




■* 




o 


zr 


t— 


X. 


x 


-f 


— 


o 




00 




•M 




t~ 




— 


-_r 




t— 


— 


- 
- 


£ • 
E | 

£ H 




CM 




1-^ 


I-H 


T* 


— 


to_ 

CO 


zx 


CD 










— 


a 
































- 


































s 




lO 


to 


— . 


ra 


— 


t- 


•M 


Q 


:: 




,_ 




■- 


CD 


CO 




r 


— 


o 


CO 


CO 


■** 


C3 


00 


ua 


— 


u~ 


— 


e 


ySZ 


s 






:? 


00 


o 


Ci 


99 


e 


o 


o 


<a 




— 




:: 


I- 


CM 








































l~ 


— 


Lt 


— 


:-. 





o 




~ 


r~ 


oo 


a 


CM 


•M 






t- 


CM 


a> 


*— < 


CN 


00 




o 


o 


to 




00 


— 


Tl 




— 




£ 


"N 


oa 


cm 


:t 


(N 


— - 


CO 




^~ 


to 


-r 


CM 


O 


co 


cc 




j-H 


:'. 


<o 


-- 


t— 


-.; 


■- 


t— 


i — 


t- 


uO 


<5> 


l — 


— 


co 






I— 


CO 




o> 




:: 


I-H 






vr 






— 




■^ 




JM 


*& 














CO 


CM 
















a 


































£ 


































h 






*x 




























< 


* 


• 


B 

3 


• 




- 


■ 


• 






• 


• 






• 








o 






la 






















-. 


• 


• 


3 




• 


B 


-f 






- 














o 






- 




„ 


8 


c 






3 














o 






o 




o 


"u 


>< 


^_^ 




b£ 














~q 






.£ 


m 


M 




> 


ja 


^-~. 


P 






• 












> 


g 


L. 


-• 

























• 




o 


^ 


3 


a 


te 




> 


|4 


— 
r 














- 
- 


• 


o 


— 




E 


V 

£ 


B 


- 
5S 


11 
- 


^ 


• 


. 


"i 


• 


• 




ta 


. 


a 


■a 


">. 


X 


X 


X 

B 


x 


X 


E^ 


U 


z 


~ 


-r* 
- 








c 

B 




- 


a 




















— ' 


"C 






"y 


c 


^ 


5" 


: 


r- 


^ 


3 


> 


"£ 


2 


ft 
O 


BJ 

— 


3 








- 




a 












M 






; 


S 








o 


n 


- 
















-- 


*sJ 


"sJ 


-v^ 


X 



INSURANCE COMMISSIONER. 



lxix 







o 






»o 


© 




© 




■<* 


CM 




r-l 


1 


' 


CO 


1 


1 


rH 


■* 


i 


fr- 


i 


© 


rH 


1 1 

1 


■>* 






o 






CM 


rH 




CD 


<M 


© 


© 




CM 






o 






rH 


© 




fr- 


r-< 


ti< 


© 




© 






© 


1 




CO 


■** 




oo 


CM 


© 


© 




CO 






© 






© 

rH 


O 




CM 


fr- 


© 


CM 




CD 






,_ 






fr- 


© 




CM 


© 


■•J 1 


© 




© 






■<# 






© 


Oi 




rH 


CO 


rH 


ITS 




M 






r* 






CM 


eo 




in 


id 


>o 


r-l 




•^ 
















i 










| 








o 






O 


© 




CO 


UT5 


(M 






00 






<* 






ITS 


t— 




T-t 


fr- 








CM 






rl 






rl 








© 








eo 
iff 






CO 




© 


© 


Tf 




CM 


© 


© 


fr- 




© 






3. 




•«* 


** 


O 




fr- 


t- 


CN 


M 












CM 


© 


© 




e» 


t~ 


© 


© 




© 


1 


| 




1 








i 










| 








co" 






© 


CO 




CO 


© 


fr- 






© 






CO 






lO 


CM 




■*»« 


CN 








© 






CM 






rl 


rH 






© 








CO_ 
CO* 






•o 






© 


CM 




•* 




© 


© 




rH 






© 






© 


<M 




© 




© 


© 




CO 






C* 






CO 


© 




« 




© 


© 




■<* 


1 


| 




1 








i 










( 








rH 






cm 


© 




© 






•«J< 




o> 






CO 






CO 


CO 




fr- 




W 


CM 




© 






O 






CO 


fr- 




t- 




fr- 






CM 


































CO 






© 


© 














© 






■* 






© 

r- 


rH 














rH 

eo 


CO 


© 


CM 


CO 


© 


© 


CO 


eo 


r-t 




<M 


fr- 


© 


a 


<o 


"* 


fr- 


CM 


fr- 


© 


© 


>* 


CM 


1 


H* 


© 


© 




O 


00 


w ^ 


00 


"* 


© 


rH 


© 


CO 




'J' 


© 


fr- 


-* 


c-i 


fr- 


CO 


© 


CO 


CO 


eo 


•<* 


r-l 




■^ 


CM 


tl 


CO 


CO 


© 


00 


OS 


© 


-s* 


© 


© 


CM 




© 


© 


■<*" 


t- 


Q 


t- 


© 


CO 


© 


CO 


© 


\a 


CO 




© 


fr- 


^< 


© 


C^l 


Tf 


CO 


Hjt 


fr- 


CO 


^ 


l-H 


,_ 




-# 


CM 


CM 


i.O 


o 


ce 


o 


CO 


^ 


© 


© 


fr- 


s 




CO 


fr- 


t- 


© 


3 


fr- 


CO 


© 


•* 


co 


© 


(M^ 




CM 


CM 


.- 


CO 






























CO 


ee 


CO 


oo 


■* 


© 


<M 


eo 


fr- 




© 


© 


© 




B 


H* 


CO 




fr- 


00 




© 


-* 




© 


© 


■* 


© 


n 




Tf 




CO 


r-t 


co 


I-H 






© 


rH 


CM 


•<* 
W 

9 


00 


CM 


04 


CO 


© 


© 


rH 


r-t 


© 




© 


CM 


CM 


rH 


co 


CO 


00 


CO 


CM 


r-( 


© 


© 


© 




© 


CJ> 


© 




l- 


o 


© 


o 


© 


© 


fr- 


ifi> 


©_ 




eo^ 


© 


fr- 


© 






























co 


CO 


© 


CM 


fr- 


© 


iCS 


■* 


t-~ 




t- 


(M 


■<*< 


oo" 


>c 


<£> 


© 


CM 


CO 


OO 


© 


© 


■^< 




© 


fr- 


»o 


© 


OJ 




t- 




lO 


CM 


© 


<M 


|-H 




© 


r-l 


© 


© 

oT 
© 

• 


© 


00 


© 


CO 


© 


CM 


00 


© 


© 




CO 


© 


© 


O 


CO 


00 


CM 




t- 


CO 


7-{ 


© 


fr- 




fr— 


O 


CM 


lO 


CM 


CO 


© 


© 


eo 


•* 


** 


© 


fr- 




1-^ 


© 


°i. 


CO 






























a 


fr- 


s 


Ifi 




CO 


© 


CM 


CM 




co" 


© 


t-^ 


•rt 


i~ 


ee 


00 


<M 


© 


© 




© 




© 


fr- 


(M 


•<* 


o 


CO 


00 


co 


o 


© 


CM^ 


00 


00 




CO 


o 


CN^ 


CO 






























cc 


© 


•«* 


eo 


© 


© 


•*" 


© 


CM 




in 


© 


CO 


oT 


CM 




CO 




"* 


co 


© 


<M 


CM 




CM 


rH 


© 


5 

49 


































c 








fc 




















CS 

T3 

a 

C3 
























• 


• 


• 


• 


£ 


O 

S 

00 


• 


• 


CD 
T3 


• 


• 


£ 


. 










2 
a, 


c 


^aT 


cd 

E 


O 


E 




O 




ca 








"3 


CS 

J- 


cv> 


£ 


13 


• 


J3 


" 






CD 






jS 


Ph 


E 


CD 

8 


CO 

9 








fa 












c 

CS 

c 


-.J 


■tj 




V 




g 




■ 

o 

a 


13 
hi 

cs 

- 


03 


'a 

2 

3 
CD 


"ad 

E 

a> 

T3 


g 
o 


E 
<v 




CS 

en 

a 


CD 

o 
Q 

CO 


a 
u 

— ' 
CD 


co 

a 

03 


m 

"5 
o 
E-" 


X! 


cS 

CE 


GQ 


03 


"3 
P 


"3 
P 


'5 
P 


'5 
P 


'3 
P 


• 


0) 


l 





lxx 



REPORT OF THE 




8 8 



•*• rH rl 



<o ■-« 



fl s 



8 



8 

a 

ss 

8 

oo 

I 



o 


a 


r-< 


>o 


0» 


t- 


w 


© 


■ 


:c 




CO 


OJ 


X3 


00 


o 


00 


p 


H 


& 


51 


t~ 


CS 


-. 


•v 


^- 


1- 




















-f 




o 


t» 


cm 






■>* 


1- 


71 


© 


o 


o 


CO 


eo 


~ 


1—1 


— 



ft 



s- 


b 




C 


>> 




I 


a 


B 


■ 


■ 


= 



w 



+ 



+ + + 



+ 



a 


CO 


S 


J 


E 


es 


CO 


M 




3 


+ 


5 


+ 


4- 







+ + 




CO © -* 
IM O i-h 
© rH CS 



- 
- 

H 



- 

g 
S 

fa 

o 

H 

< 



• 



3 .a S 



3 



<: <; 



.5 3 -a 
fa fa g 



z 



O -2 



I I 



< <1 < 



- 



"^ s ^ 

6 S g 



INSURANCE COMMISSIONER. 



lxxi 





o 


© 


© 


© 






© 


© 


© 


© 


© 






© 


1-t 


© 




© 


© 




© 


© 


© 


© 






© 


© 


© 


© 


o 






© 


© 


© 




© 


© 




©^ 


CO 


© 


©_ 






© 


o 


us 


CO 


© 






© 


© 


© 




© 


© 


1 










I 














1 


■ 








1 








cn* 


to 


© 


n" 






Tj*" 


© 


■<* 


CO 


Irt 






rH 


^f 


© 




00 


© 




f-t 


»-t 


CN 


CM 






rH 


OO 


CM 

rH 


CM 


co 






CN 


rH 


CN 




ft 


© 

CN 


t— 


>» 


© 


t- 


CN 


© 


■<* 


us 


© 


■* 


© 


m 


•>* 


© 


© 


CO 


00 


(M 


■* 


CN 


© 


th 


© 


00 


OO 


CO 


■<* 


co 


■■* 


CO 


© 


rH 


© 


© 


t- 


us 


t- 


CN 


© # 


O 


•* 


i!S 


US 


© 


us 


© 


CO 


CO 


I-H 


t- 


CO* 


-* 


CN 


"? 


CN 


CO 


I-H 


»o 


CN 


© 


co 


co 


■«* 


CO 


CO 


CM 


CM 


co 


co 


CO 


<M 


CN 


CO 


■* 


CO 


CM 


•^ 


CN 


CN 


CN 


CO 


i-H 


CO 


CN 


•o 


CM 


CO 


r-t 


CO 


t- 


s 


oo 


t- 


CN 


© 


© 


rH 


© 


CN 


CO 


■<* 


rH 


fr- 


CO 


© 


CO 


© 


CO 


»o 


Tf 


■* 


r^ 


© 


t^ 


CO 


CO 


CO 


© 


© 


© 


to 


©' 


»- 


© 


CO 


^ 


00 


J 


tA 


CD 


©" 


©' 


»o 


to 


©' 


us 


© 


CN 


CM 


CO 


** 


US 


CO 


CO 


CM 


CO 


CO 


CO 


■Hi 


<M 


CM 


CO 


o 


CO 


CN 


"* 


CN 


CN 


CO 


© 


CN 


us 


US 


CM 




CO 


© 


r-t 


rH 


rH 


00 


T-< 


1-i 


to 


T*< 


co 


© 


i» 


© 


US 


i— ( 


i—i 


t- 


CO 


CM 


us 


OO 


t— 


co 


»- 


© 


t— 


CN 


to 


© 


CN 


OO 


© 


Tf 


US 


© 


to 


US 


CN 


© 


CO 


t- 


CM 


© 


© 


© 


to 


CO 


I-H 


to 


co 


©^ 


"^1 


to 










































© 




to 


rH 


t- 


CO 


US 


00 


CM 


i—i 


© 


© 


kf5 


CO 


■* 


CN 


©" 


■<** 


©" 


cjT 


© 


co 


CN 


^* 


US 


■<*! 


CO 


us 

rH 


CO 


CO 

© 


© 
r-l 


CO 


CN 


co 


CO 


r-t 


t- 


rH 


O 


CM 

■s 


t- 


us 


t- 


© 


© 


. 


fe- 


t- 


co 


to 


co 


u0 


CO 


CO 


CO 


© 


eo 


-* 


b- 


CN 


CO 


t- 






"* 


co 


-* 


I-H 


CM 




© 


I- 


© 


CO 


CM 


^# 


CN 


© 




«** 


o 


© 


us 


CN 


** 


"O 


CO 


US 


co 


CO 


co 


1-* 


■«*< 




©_ 


t— 


r-^ 


"^ 


t~ 


** 










































CO 


1-H 


CO 


© 


CO 


CO 




ifi 


•» 


CO 


CM 


© 


00 


■f 


lO 


© 


•<* 


CO 


00 


to" 


CN 


!-H 




1 


+ 


rH 


CO 


CO 


CO 


CO 


IO 


CO 


CO 


_L 


+ 


CO 


CN 




t- 


CN 


+ 


+ 


1 


1 


+ 


+ 


+ 


+ 


+ 


+ 


+ 


+ 


T^ 


1 


1 


1 


+ 


1 


CO 


t- 


CO 


CN 


© 


rH 


CO 


© 


CO 


co 


co 


iO 


CO 


© 


© 


fr» 


co 


© 


© 


iO 


© 


© 


rH 


CM 




m 






CM 


(M 


CO 


CO 


CO 


in 


t- 


fr- 


CN 


t- 


CN 


CO 


CO 


CO 


US 


© 


CO 


CO 


© 


■* 


CM 


CO 


© 


to 


•<* 


© 


T»< 


©^ 


""! 


CO 


OO 


© 










































to 


CO 


-# 


co 


>o 


fe- 


fr- 


«h" 


SB 


US 


1—1 


iri 


©* 


CN 


7-1 


TjT 


oT 


of 


© 




o 


fc- 


CO 


■»i< 


CO 


rH 


■Ht 


© 


CM 


© 


CM 


CN 


co 


OX) 


«o 


co 


© 


to 


© 


us 


CN 






IH 


•<* 


CM 


rH 


"Ht 


©^ 
rl 


eo_ 
cm" 


-* 


CN 






CN 


•<* 


rH 




T-t 


CO 


O 


CN 


© 


CO 


© 


CM 


CO 


CO 


i-H 


© 


CO 


© 


■<* 


CN 


t— 


00 


© 


to 


t-. 


CO 


CO 


CO 


© 


© 


us 


CO 


CO 


CO 


us 


CO 


CM 




CO 


© 


© 


CN 


© 


to 


>o 


© 


*- 


t- 


© 


t- 


© 


co 


fr- 


© 


US 


© 


CO 


OO 


°l 


© 


->* 


eo^ 


C0_ 


OO 


US 










































"# 


© 


t- 


Tf 


© 


CO 


© 


CO 


© 


CO 


■* 


m 


t-*" 


fr- 


t-T 


■<#" 


oo" 


iO* 


aT 


•^r 


CO 


o> 


>o 


CO 


CO 


CO 


CM 


CO 


OO 


I- 


t- 


00 


t- 


OO 


iO 


© 


to 


UO 


to 


CN 

00 


CN 






r-t 


•* 


CM 


CM 


Tjt 


©^ 


•* 


rH 


CN 






CN 


CO 


I-H 




CN 


















1-7 


cq - 




















rH* 




















• 








.5 


sT 








M 

3 


cT 






















>> 


a 

a 
3 




03 


a 

*c 






<0 

a 


fs 


^ 


on 

— 
3 


'3 








"2 
j3 








• 


W 




a 

CU 

.*° 


03 

cu 

CD 

2 






*C 

03 


cu 
O 


13 
S 

O 


^5 
"a0 

c 
cu 


o 

►h 

"to 

c 
cu 


cu* 
hi 


o 

CD 


.Is 

*S 
u 
0) 


3 




5 

a 

cu 

o 


"3 


cu* 

h 

PS 

o 

CJ 


"5 

c 
5 


"cS 

"5 

(- 
cs 


a 

c 


cS 
CQ 


cu* 

u 

cu 

CJ) 


3 


13 
3 
cS 

cu 
G 

>> 


a 

O 

*c 

03 

*s 

o 

co 

CO 


3 

.2 

*s 

o 

CO 
00 


£ 


a 


a 


a 


a 


o 


(V 


c 


fs 


'3 


u 


Pi 


03 


■ 


be 

03 

E 

03 


■►J 


<1 


< 


N 


"■3 


t» 


a 


a 


a 


a 


b 


3 

a 


"■3 

a 


« 


c 


'3. 

a 


•4-9 


*3 


o 


"cu 


cu 


cu 






o 


o 


o 


o 


o 


o 


o 


"3 


V 


a 


a" 


M 


TJ 


E 


C 


o 


s 


O 


Q 


Q 


p 


O 


o 


O 


O 


O 


Pt 


H 


H 


w 


H 


Ph 


£ 


£ 


£ 



lxxii 



REPORT OF THE 






•O .2 



8 



r-c »-* © 



8 8 8 

«o" o" o 

i- •;> i-h 



d 

d 
•i-i 

d 

o 

Q 



CO 



CO 

I 

3 

CO 

3 



X 

to 

- 
a 



co es cs 



a •§ 
a 1 

to « 



to 



O rl rl •» 



to v 



£ 
a 

5 5 



J | + + £ 



I + 



W Bl P* 

■o -J" o" 



+ 



qi + + + + 



X Li 

CS - 

O S 

» "2 

m a 

o o 

*• — 

to 



© 


* 


eo 


00 


t- 


t- 


_ 


CO 


■ 


FH 


w 


o 


I— 


CO 


lO 


o* 


CN 




w* 


a> 


CN 


to 


o 


CO 




© 


to 






















CN 


CD 


■*> 


t- 


i-- 


oc 


© 


■e 


K 




O 




3! 


o 


I— 


© 


i- 






t-( 


<N 


CO 






lO 


.- 


m 


i-l 














CI 




PLi 

s 

o 
o 

to 

o 

H 






— 

«*. 
O 

>> 

— 

a 
s 
o 
O 

B 

— 

a 

o 
O 



"o H >> 

c 

D 






CS 


o 


| 


& 


(0 


© 


fc 


fc 



a a a 



■2 s 

a - 

o £ 



= ° = 



c? i a 
■£ to « 



« 3D 



to to to to to to to to C ^ 



_ - 
O O 



S - - 



INSURANCE COMMISSIONER. 



lxxiii 



3 



1-1 ■* 



OJ l-H 1-" 



H I- CO 



t~ l-H 00 

+ 7 ' 



oo o 

Q <N 

+ + 



<o 


eo 


•<* 


eo 


s 


00 


lO 


t- 


o> 


to 


U5 


tn 


lfl> 


a 


i-i 


to 


00 


K9 


1-4 


■>* 


oo 


i-l 


CO 


to 


o 


-* 


i-i 


^ 


<o 


00 


o> 


r- 


iO 


I~ 


cn 


00 


T-H 


00 


M 


co 


,_, 


Oi 


o 


■>* 


■<* 


t- 


CO 


5? 


t- 


"* 


I-I 


t~- 




+ 


1 


<N 


<N 


<N 


<N 


r-t 




+ 


I— 1 


<N 


+ 




1 


+ 


+ 


+ 


+ 


1 




+ 


+ 



+ 



+ 



l-l i-H CO 



3 



IN 



3 



l-l rH tO 



3 



l-H Oi O 



00 I-H 

of 



rH CD <N 



fa 



c 


j-T 


>a 




V 


h 


T-1 


> 


,p 




o 




■ 


c 




3 


Ed 


85 


a 


w 


H 





a 




rt 




> 


o 


>» 


1- 


to 


a> 


(3 


H 


a 


< 


Oh 


ja 


<M 


■»* 


o 


*- 




o 


V 


fc 


- 


o 


QD 


>> 


>> 


p 


a 


OS 


eel 


A 


fi, 


a 


a 


o 


o 


U 


CJ> 



3 

PQ 

a 



"OSS 



« s 



W 



s 

o 



t 



Z? h- 1 



-a 

a 

:= o 3 

rJ r-) ^ 



3 3 
3 3 
cc) sS 



s a a a a 



lxxiv 



REPORT OF THE 



S3 

a 
.1—1 

o 



«0 
to 

so 



1 

I 

I 

g 

09 
3 



m 

- 
- 





0Q 








































o 


as 


o 


o 


o 


o 


8 


o 




8 


o 


Q 


ash 
den 
lare 








o 




o 


S 


o 


o 


5 




S 








i 


o 


C-1 


o 




o 


o 


o 


o 




o 


o_ 


































to 






o 


CO 


o 


to 


>o 


o 


8 






ef 




CO 


O V § 


rH 






in 


iO 


o 
l-l 


rH 


CM 


■* 


M 




m 


CI 


■* 


5 p 
































o 


































H 


s s 


l-H 


CO 


CO 


rH 


eo 


rH 


H* 


CN 


o 


i-t 


CM 


CO 


CO 


CO 


o 


GO 


t-- 


T* 


*-- 


CM 


o 


!—> 


rH 


as 


OS 


t"; 


t- 


Of 


o» 


CO 


# 


N 


t-^ 


t— 


rH 


iO 


CO 


oi 


l-^ 


<n' 


as 


O 


to 


o 


to 


►-^ 


ci 


■ 


CS 


CM 


eo 


09 


rH 


eo 


eo 


CO 


C-l 


9 


"«• 


-* 


eo 




eo 


to 


O g 
































W 


M 
































tk 




































































00 
































o 


a "o 

•2 > 


CO 


to 


t- 


eo 


CO 


»o 


rH 


eo 


-* 


CO 




-1 


CO 


OS 


- 


© 


to 


© 
cm 


T 

i 


CM 


CO 

H*i 


O 
05 


CO_ 

co' 




CO 

% 


as 

eo 


in 

CO 


as 


°1 

-r 


to 


o 


1 i 


CO 


CO 


•n 


i-t 


eo 


CO 


eo 


-.-. 


CD 


«* 


co 


-T 


eo 


H 
































«* 

ti 


£ « 


































<N 


CO 


CO 


i« 


CM 


o 


t- 




co 


eo 


o 


CO 


rH 


CO 


eo 




CO 


t— 


i~ 


OS 


iO 


•o 


lO 


co 




© 


-T 


CI 




CO 




to 


o 


<M 


■«i< 


CO 


1- 


»■- 


CO 


«o 


eo 


to 


o 




10. 


r- 


-t_ 


V 
































1 


h-^ 


o 


t- 


as 


eo 


o 


1ft 


CO 


CO 


— 


•^ - 


1-^ 




00 




c 


CO 


o 


94 


as 


i-i 


t- 


CO 


CO 


e>» 


CO 


-.-. 


CO 


O 


-r 


r- 


B 


<& 


r-l 




rH 


rH 


«# 






CN 


1-t 






CO 




i-t 


Bi 
































M 
































H 


































"* 


CO 


eo 


00 


O 


Oi 


e>» 


rH 


CO 


o 


CO 


CI 


CO 


O 


— 


Ol 


CO 


eo 


■** 


in 


o> 


t- 


m 


o 


o« 


rH 


t~- 




CO 




° rT* » 


-* 


«o 


CO 


o 


°i. 


°i 


+ 


Ht 


•<# 


t- 


CS 


t-^ 


i- 




CN_ 


s S § 




<# 


»n 


eo" 


-hT 




ri 


o 


l-T 


CO 


»• 


CO 




CO* 


i-H 


CO 


CM 


CO 


in 








eo 


(N 


1 




i- 




1 


Excel 
eficie 
Inco 


+ 


1-H 

+ 


+ 


+ 


+ 


CO 

+ 




+ 


rH 


1 


1 


1 


+ 




P 
































.4 V 


CO 


eo 


rH 


■*J< 


CS 


o 


*- 


Tj< 


CO 


■rjl 


in 


fr- 


-r 


t- 


00 




os 


m 


CO 


o 


eo 


»* 


rH 


CO 


<N 


as 


ee 


CO 


CO 


cr 


CD t- 


T* 


to 


to 


M 


O 


t— 


CM 


t-^ 


-T 


N 


t- 


CO 


CO 


-T 




^ 3 
































l 


<N 


o 


o 


CO 


■* 


eT 


ea 


o 


to 


i—i 




CM 




t- 




(N 


CO 


to 


© 


Iti 


t— 


Oi 


as 




CO 


co 


t- 


CO 


CM 


- 


<C "3 


l-t 


CM 




o 


CO 




<M 




3 


f 




rH 


t- 




•* 


00 S 
O V 


«fr 










rT 














rn" 






±1 &* 
































H 
































H 
































JQ 


<N 


CO 


H* 


CN 


si 


a> 


CS 


in 


T-t 


-r 


t- 


in 


O 


t- 


CI 


■>* 


«— 


CO 


CO 


to 


es 




o 


-r 


O 


t— 


OS 


CO 


o 


o 


eS CQ 


CO 


°i 


•«< 


■** 


CO 


t- 


CO_ 




CO 


O 


CO 


CO 


o 


eo 


T 
































O B 


e<9 


in" 


CO 


co" 


CT> 


•»*r 


ers" 


CO 


CO 


CO 


e» 


>- 


CO 


t- 




CO 


CO 


eo 


CO 


o 


CO 


<N 


o 


-r 


in 


t- 


co 


CO 


c* 


-r 


gQ O 


f-H 


eo 




U3 


t-- 


•*_ 


<N 


CN 


tr- 


ti< 




rH 


CO 


rH 


■o 


0Q U 

o c 


• 










i-T 














r-T 






>- l-l 
































O 
































5 
































b 
































a 
































o 
































o 
































fc 
































o 
































H 
































£ 




c 




























3 
fe 




"fa 

- 




"io 






^T 




m 












"5 




a 




_o 




^ 


fa 




as 

fa 


_ 


o 








a 

o 






a 

S 

OS 

fa 

E 

a 

CS 


"3 
s 

3 

X 

m 

ao 
_a> 


"S 

es 

■s 

a> 

a 

• 

V 

9 
C8 


fa 

*3 


fa 

£ 

«a 
fa 

a! 
M 

"3 
_o 


O 

to 

"3 


fa 

_: 
fa 
es 


E 

as 

b 

IE 

00 

Ch 

E 

- 

rt 


fa 
o 

& 

o 

a 

^! 

fa 

o 


1 

"2 
cr 
H 

iM 
fa 

o 
>< 


fa 
fa 

o 


es" 


u 
as 

> 


es 

to 

- 

as 

a 

i 




"fa 


2 
y 


•3 

T3 


& 


p 


^ 


rt 


| 


$ 


£ 


- 


c 


fa 




• 








9 


"5 


3 


CP 


as 


as 


as 


as 




c 


o 






a 


a 


5 


a 


a 


» 


to 


to 


to 


to 


to 


to 


to 


to 


to 



INSURANCE COMMISSIONER. 



lxxv 



§ 



8 § 



CO <M CO <N 



a 



eo iO ?N o 



o> 02 o o> 



O rH 
CO 



O i-c 1— 



+ 



+ 



+ 



+ 



+ 



+ 



+ 



+ 



+ + 



oT ■<# t-T 

!f. I + 



+ 7 



+ 



+ 7 



CO Ci rH rH 



r-t rH rH Ci 



CO ■"*• 
-*f rH 



O l-H rH 



Eh 
^ o 

a — 






Oh Ph 



ft 



h 


^ 




fit 








g 


< 


^ 








- 


t3 


A 


te 





hi 


09 


<u 


* 


hi 


Eh 


fc 


H 












« 


X 


M 




us 










a 


c 


8 


> 





® 





B 


A 


— 


la 


£ 


Ph 


Ph 


Ch 



4S H 



Ph Ph 



2 *=> 

o 

Ph 



m 



03 




£ 




60 


a 


a 


■a 


Oh 


a 

B 


m 


3J 



od H E-" 



lxxvi 



REPORT OF THE 



73 
<D 
73 

a 
© 



05 
<*> 
so 

e 

so 



CO 



a 
§ 

s 

cc 

3 



- 
p 
pa 

< 



• 


a 




















S3 

m 


C » 




o 
o 


8 


o 
o 


© 


© 
5 




8 


fS 


1 « 


i 


©_ 


©_ 


B 


©_ 


©__ 


1 


©^ 


a 


TT S 




o 


ao" 


i-^" 


© 


a 




©* 


© 





1 8 




eo 




«N 


.- 


H 




»o 


ol 


o 






















H 


2 8 


v— 1 


« 


i— 


© 


t 


i-- 


-r 


^^ 


01 


GO 


«-s 




!>; 


t— 


<# 


© 


ol 


-T 


e 


W 


co 


CO 


o 


©' 


CO 


»o 


M9J 


© 


pM 


CD 


eo 


eo 


eo 


sj« 




eo 


C* 


eo 


CO 


■ 


i— i 




















g 

0. 






















E v 

3 > 


3 


ao 


ao 


CM 


ao 


•* 


iffl 


i— 


CO 


o 


eo 


°i 


CO 


© 


r- 1 


rS 


© 


eo 


o 


iQ 


ao 


i^ 


CO* 


t- 


t— 


ao 


ci 


4 




c u 

CO V 


eo 


CO 


CO 


st 


i— 




CM 


s* 




£A 
























8 


o 


00 


a> 


§ 


I-S 


H 


H 


-- 






eo 


»-- 


H 


00 


« 


i— 


-ri 




8 


© 


i-O 


c* 


CO 


CO 


© 


■a 


— 


o 
























■ 


ift 


■ 


CO 




eo 


© 


ao 




© 




p 


\n 


CO 


t- 


r. 


a 


-t 


SJ> 


CO 


— 




o 




C* 








eo 




Cs 






a, 
M 


m 
















eef 

CN 




« 


















•» 




o 


e 


CO 


CO 


© 


CO 




t- 


N 


t- 


■• 


o 


-M 


■<* 




ao 


3 


© 


CM 


00 


o 


>> o 


•«t 


00 


■ 


© 


eo 


ao 






© 
























■ 


c E 




CO 


© 


<N 


© 


8 


t— 


■=. 


© 


X 


eo 


»o 


L"? 


■** 


.- 


+ 


t~ 


ao 


E 
B 

H 


o o 

p 


1 


+ 


+ 


+ 


+ 


+ 


+ 


30_ 

— " 
• 

+ 




— © 

S 5 


■H 


t- 


a> 


© 


CO 


© 


© 


ao 


00 




eo 


i— 


•*»» 


B 


i-i 


»« 


is 


© 


© 




CO 


CO 


uO 


© 


ci 


ao 


© 


© 


■<* 
























5 s 


CN 


© 


*- 


ao" 


© 


CN 


■a 




eo 




O 


t- 


© 


r- 


i-s 


s 


CO 




© 




i ^ 


■a 


co 


1-1 


fS 


O 






-r 




• r 


«fr 
















©* 




° £ 


















t- 




- — 


















•">? 




*«s 






















£3 

Cj 5> 


l-S 


eo 


t— 


© 


-t 


© 


CO 


© 


■a 




eo 


t 


© 


r- 


© 


cc 


CN 


OJ 


CO 




°i 


CO 


CO 


co 


S 


CO 


tti 


© 


■a 
























3 S 




CO 


*- 




© 


© 


«N 


— 


CO 




!>■ 


eo 


■^« 


cn 


CO 


CO 


r. 


© 


oo 




aj o 


S* 


t- 


CN 


<M 


uO 


© 




CD 


°1 




CD O 

2 a 


€& 




















3 


















«» 




h 






















fc 






















53 






















a. 






















* 






















o 






















o 






















h 






















O 






















H 






















9 






















<i 




— 


















fc 


iT 


ej 

CO 












>, 








2 


"5 

c 
a! 
u 
'- 


m 


o 


>» 






— 








3 

- 
— 


m 

*= 
C 

E 


X 

i 


o 

3 

co 
S 






s 










C 


CO 


— 




CO 




S 








_= 


— 


Is 


sa 


c3 






X> 


co 






Du 


w 


'- 


-I 


X 


X 


c 


X 

E 


s 

^ 






c 


c 


T3 


« 


— 


o 


V 


a 


c 






© 


cu 


co 




— 




r- 






o 


o 




»J 


«5 


CO 


eo 


















ep 


co 










a 

P 


a 
P 


c 

p 


p 


a 
P 


¥ 


^ 


5 





INSURANCE COMMISSIONER. 



lxxvii 



O 3 " 

» £ 3 So 

s S *s 2 

"H, .- a 

t, ea « ,_T 

3 Pi O CO 



o Q 

0-1 go 



■ 



•s •« s 

3 bo m 



2 S 



o 



CO <M CO <0 



tO t-- 1-4 



m 



4 



CO r-t ^- ~* 



» 



— 1 


a 


3^ 


rJ 


T? 


ft 


- 

eg 


E 


bo 


Q 
U 


h 




,0 


2 


o 


■IH 



Of oo 



IS 
08 

O 



I-H 1-1 ■* 



© rl 



O I— 



a ts 



- "3 . . . £> . "£ o o 

.8 2 £ c c 3 c a> £ o 3 3 G 3 3 

c P<ooo is ° *9 £< £• ooooo 

o .2 o o o « o « .2 .2 ooooo 



i 

o 
o 

o 

H 



a 



«•»**• 



■3 «4 



« » o a 

2 H **> S 

~ U ^ o 

« n o o 



P3 

bo 

- 
3 

s 

c3 

w 



a 

3 

o 

c 
o 

a 



■s <1 



5 «J 



1-3 J h3 



a 
a 



a 

c 



pg 



e3 O 



«* 



lxxviii 



REPORT OF THE 



3 
C 

o 



e 

a 

O 

eo 






x 

►J 

- 

H 



, 


<►. 


























a 


n 


t— 


•o 


>n 


© 


«o 


CJ 


9 


^< 


t- 


CO 


© 


a 


|-H 


© 


CO 


CO 


© 


o 


© 


<3> 


t- 


i» 


CO 


i 


•o 




1-1 


o 


© 


CM 


CO 


CO 


CO 


CO 


00 


CM 


Cl 


1* 


*j 


























o 


airmen 
lapilal, 
1, 1888. 


-s> 


CO 


o 


CO 


CN 


CO 


a 


©" 


1— t 


CJ 




© 


CM 


CO 


o 


T-l 


eo 


CO 


T»< 


CO 


"0» 


T 




OB 






-* 


CO 


t- 




i-< 


f* 




I-H 




•^ 


"E. 


• 






t-l 
















©" 

1— 1 


s 


C< <-> eo 


























OQ 




























E 


£ s 


I-- 


o 


«o 


© 


*a 


CN 


e» 


1" 


l- 


CO 


© 


© 


P ° 


<3> 


re 


1 


© 


© 


© 


© 


1- 


i/3 


CO 


Si 


o 


X 




as 




01 


r 


38 


GO 




CO 


Cl 


Cl 


























■ 




— 




o 




CN 


T. 


a 


>o 




Cl 








~ I s 


oj 


CO 


<o 


■a 


eo 


CO 


CO 


CO 


— 


-r 


r 


a: 


■"*> 


eo 


CO 


r* 


a 


t- 


— 




eo 


eo 


eo 


©_ 


"3. 


00 ,3 '-C 

TJ 2 - 

= o - 

■-!--: 


«»> 






of 
















CO 


S 


























OQ 






























* 


-»• 


-* 


© 


© 


CO 


© 


i>- 


© 


© 




H 


© 




s 




© 




© 




CO 


c> 


t- 


■ 


eo 


CO 


■*»• 




OQ -- 


t- 


i- 


CO 




© 


t~ 


c_ 


© 


t) 


CO 


-T 


>rt 
































g .= 


CO 


r. 


CM 


© 


© 


8 


1ft 


M 


CO 




© 


oo 




C4 




CO 


t~ 


CO 


CO 


o 


© 


-r 




Cl 




3 I 


1~ 


cm 


1 

i— 1 


CN* 


CN 


9 




I— 1 




i- 


■o 


Cl 




3 
























Cl 






r-l 


a> 


t-H 


CO 


CO 


»— < 


© 


CO 


i>- 


© 


© 


- 








© 


o 


© 


© 


« 


CM 


•o 




■ 


Cl 


© 




CD X 


© 


CN 


o 


X 


CO 


© 


» 


eo 






CO 


CO 
































CM 


CO 


90 


Cl 


CN 


© 


•*" 


00 


© 


Cl 


Cl 


<• 




>C 


© 


o> 


CO 


© 


B 






CO 


- 


■- 








© 


oo 




*1 


i— 


o 


•o 


-T 


C5 


CO 


°L 




O «, 


■/.• 


















,— 




©" 

— 
4» 




«M 




























■ — 00 


© 




$ 


I-l 


CO 


CO 


© 


© 


t- 


CO 


pa 


30 




i— i CO 


CO 


© 






t- 


CO 


-T 


© 


© 


eo 


© 






°i. 


o 




©_ 


eo 


CM 


t- 


r> 


tG 


•if 


'O" 


^^ 
































« "~1 


i— 


eo 


o 


©* 


© 


t- 


— 


t- 


© 


i— 




© 




c* 


59 


CN 


© 


CN 


OO 




CO 


■1 


eo 


re 


t- 




■►> s 


°i 


©_ 


CO 


■*» 




CO 


CO 


91 


°i 


CO 


°i. 


-r 




g co 






























co" 


::" 


© 




- 


iO 


cm" 


-t" 




CO 




© 




1 « 

S Q 
<5 


CM 


ci 


o 


CO 


uO 


CO 




CM 




© 


t- 


f 






Cl 


CN 


"* 




ri 












t- 




<=& 






















eo* 


























4e> 






o 


o 


3 


© 


© 


O 


© 


© 


© 


© 


© 


8 




* 


o 


o 


© 


© 


© 


O 


© 


© 


s 


© 


© 






9 


© 


© 


© 


© 


ia 


o 


©, 


©_ 


©_ 


©_ 




i 




























o 


o 


© 


•o 


© 


© 


© 


>o 


© 


9 


©" 


CO* 






o 


o 


© 




© 


© 


5 


CM 


© 


B 




t— 




c. 


eo 


eo 


CM 


co 


CN 


t~ 


eo 


CN 


N 


CM 


56 


© 




■9 


• 






















t^ 




o 
























€» 




d 




























_o 




























3 

CJ 

o 
o 




• 


„ 


_ 


J3 


• 


„ 




« 


9> 


. 






o 

1 

o 


O 

o 

5 


"3 
o 

- 
E 
■ 
> 


o 
p. 

u 
jg 

> 


ao 
E 
S 
JO 

s 

s 


5 

B 
O 


"5 
o 

a. 

E 
o 
> 


la 
3 

I 

03 


o 

3 
- 

> 


CO 

I 
A 
o 

3 
03 


o 

•i 
a 
o 
E 
o 


• 






fe 


- 


3 


3 


a 


J 


3 


= 


3 


H 


• 




^ 




























fc 




























<5 




























PLi 




























s 




























o 




























o 










~5 




«D 














h 


• 


• 


• 


• 


c 


• 


_C 


• 


• 


^ 


• 


• 




o 










T3 




03 






u 

3 
.- 








H 


• 


• 


• 


• 


03 


• 


a 




• 




• 




3 














>» 






9 


» 






<J 




0> 






•O 




■ 






co 


a 








- 






c 




eo 






3 


a 






fe 


c 
"s 


la 
3 
01 






CJ 

c 






— 


CO 

3 


i 

a 
E 


i. 

3 
co 
co 








p 


■ 






o 


B 
eJ 


c 

e3 


1 


< 


m 






! 


M 

§ 


4) 


"5 


■ 

o 


c 


cs 
■ 

1 

e3 


a 

CO 

3 
03 


R 

O 




3 
u 

co 

■ 


"5 

& 
O 






o 


xa 


s 


o 


3 


Ji 


E 


C 


"s 


^ 








fc 


- 


o» 


OS 


02 


72 


r" 


f 


P 


D 





- 



INSUKANCE COMMISSIONER, 



lxxix 






£ 



£ « 



00 
00 
00 

"&• 

co 



$ 




CM <N O CM 



^ 






•5* 



CO 
<W 

O 

S 

e 

PQ 

CO 

^) 



- 



O oo 



w b 



CM 


00 


ire 

CO 


eo 


00 

CO 


CO 


eo 
eo 


cm 

eo 


o 
eo 


00 

cm 


eo 

CO 


CM 

eo 


l-H 


O 
CO 


eo 


o 




to 


00 

o 


© 
ire 




cm 

eo 


»re 

CM 


o 
o 


o 
I- 


ire 
ire 




to 

CM 


CO 


OS 



H ft - M 



O 0) 



O 



o 



a 

o 
5 

o 
SB! 



rH >-l -* 



r-t i-H CM 



^ 



3 



t- r-< r-t 



,0 
J3 

aT O 

n c 

cS ' • • ' Oj 

a - c 

<a o 

a . - o ... -a 

so a a *r a 

g g o e S I . . . w 

g 'O s cj "^ Pa aT es 

<1 § 3 1 S £P -" -S 2" o 

i s *» s sa=o« 

i-t..«o 3 * a cs .2 .2 

« h o o 4 nS^iJiJ 



3 



3 









- 










03 






■ 




u 






h 




u 










0) 


a» 









•O 


a 


a 


C 




a 


E 

3 


tg 


1 




OS 


3 
■ 

X 


>-5 

□ 

cs 




00 

<3 


■ 

JO 


< 


• 


B 


a 


a 




c 
o 
•a 


a 




8 


a 


c 


E 


B 


U 




o 


c3 


3 





J 


- 


3 


fc 


£ 



lxxx 



REPORT OF THE 



CD 

I— I 

o 

a 
o 
O 



Qo 

00 
00 

"*> 

<£> 

«0 

ft* 



8 

co" 
8 

60 
<» 
so 

8 

HO 

so 

5 



X 

- 
- 



m § 
M Si 

2 ' 



£ 



s z 



5 « 



£ « 



£ 



s a 
o = 



H 









W 



9 



eo to ph 



S 13 



CI Ol H 



pH O* 

i-i eo 



8 



i— i— i 



«S rH rl 



CO 


tO 


eo 


eo 


Si 


eo 


OJ 


~1 


CO 


CO 


-1 


Q 


to 


to 


to 


tO 


eo 


CO 


CO 


tO 


tO 




o 


cm 


CO 


eo 


CO 


o 


05 


■* 


eo 


CO 


CM 


O 


eo 


























OS 


o 


t- 


■<*■ 


eo 




ao 


o» 


tO 


•«* 


CM 




-r 


o 


o 


tO 


t~ 


o 


s 


CM 






CO 




CJ 


eo 


■* 


CO 


** 




CM 


CM 


~\ 






«» 




rH 


cn 




'""' 










** 




co 


t- 


» 


tO 


eo 


■<* 


1— 1 


CO 


■«* 


in 


CM 




o 


CM 


<o 


ao 


o 


r- 




•"«• 


t- 


© 


I— 


CO 


^i 


CO 


OS 


to 


t- 


CO 


CO 


tO 


00 


o> 


t— 


t~ 



i-H CM pi 



co eo cm eo 



p- CO pi 



eo cm eo ph ci 



t- CO 



O F-H 



© H I-H 

00 pi CO 

pH tO pH 



PI pi CS 



s i 




D 

r - 


H 



p-l CM CM 



3 

<y 





es 


' 




B 

a 

a 




>> 






B 




CD 






X 




I 

E 






B 














a 




«T 


CU 


= 


rz 




e 




n 


E 


B 


c 


u 




d 


«2 


eS 




8 


OB 




a 


tc 




CO 






~" 


'- 


s 


B 


B 
O 


:. 






(3 








•B 


h 


B 


a 


IB 


tH 


H 


P 


P 






INSURANCE COMMISSIONER. 



lxxxi 



Table XIII. — Massachusetts Business for 1888. 
Massachusetts Mutual Fire Companies. 



. 


Risks 


Premiums 


Contingent 


Losses 


Losses 


name of company. 














Written. 


Received. 


Assets. 


Paid. 


Incurred. 


Abington, 


$2,862,359 


$42,101 


$42,101 


$8,589 


$8,589 


Annisquam, 


78,025 


- 


5,107 


28 


28 


Ark wright, 


22,518,858 


192,473 


962,365 


43,539 


43,089 


Aehfield, 


26,762 


134 


865 


- 


- 


Attleborough, 


351,650 


1,842 


3,785 


707 


757 


Barnstable County, 


1,454,525 


24,819 


72,660 


3,080 


3,080 


Berkshire, 


1,446,435 


19,581 


19,581 


5,894 


5,894 


Boston Manufacturers', . 


40,884,554 


348,755 


1,743,774 


94,890 


94,890 


Bristol County, .... 


553,066 


3,476 


69,530 


5,697 


6,097 


Cambridge, 


2,765,554 


39,501 


39,501 


9,865 


11,065 


Citizens' 


6,324,239 


82,199 


84,245 


14,945 


13,626 


Cohasset, 


66,590 


1,031 


3,093 


65 


- 


Cotton and Woolen, 


4,842,986 


47,062 


235,311 


18,583 


32,083 


Dedham, 


986,251 


15,020 


14,615 


3,124 


3,774 


Dorchester, 


5,753,883 


87,059 


87,059 


29,844 


27,343 


Essex 


199,100 


4,142 


9,745 


88 


89 


Fall River Manufacturers', . 


9,470,024 


87,583 


437,914 


21,486 


21,124 


Fitchburg, 


5,680,339 


87,713 


87,713 


22,239 


26,281 


Franklin, 


503,241 


6,448 


6,448 


1,258 


1,308 


Groveland 


274,964 


- 


19,446 


810 


76 


Hampshire, 


1,025,114 


13,981 


13,981 


5,336 


5,336 


Hingham, 


6,103,645 


75,466 


75,466 


27,198 


27,201 


Holyoke, 


8,817,210 


121,444 


119,627 


37,753 


36,526 


Lowell, 


1,053,910 


14,144 


14,144 


2,407 


2,407 


Lynn 


351,640 


4,620 


9,240 


140 


80 


Massachusetts, .... 


8,301,600 


58,298 


58,298 


11,390 


11,387 


Merchants' and Farmers', 


5,559,672 


79,849 


79,849 


27,725 


30,725 


Merrimack, 


6,024,098 


84,250 


86,730 


19,940 


26,259 


Middlesex, 


7,397,104 


109,233 


107,528 


15,470 


15,470 


Milford 


424,312 


5,034 


5,034 


1,049 


2,769 


Mill Owners' 


10,592,202 


98,970 


494,850 


32,186 


32,067 


Mutual Fire Assurance, 


1,081,075 


16,338 


32,675 


310 


360 


Mutual Protection, 


326,550 


3,764 


3,764 


85 


105 


Newburyport, .... 


96,560 


1,217 


9,734 


2,657 


2,657 


Norfolk 


4,071,244 


60,621 


59,181 


16,885 


18,727 


Paper Mill 


1,029,716 


14,369 


71,843 


17,343 


17,343 


Patrons', 


425,482 


2,770 


8,014 


374 


2,971 


Quincy, ...... 


7,964,568 


112,972 


112,972 


30,348 


30,525 


Rubber Manufacturers', 


1,755,955 


21,743 


108,717 


715 


14,215 


Salem 


411,525 


5,919 


5,919 


105 


319 


Salisbury and Amesbury, 


30,280 


251 


2,513 


2,875 


2,875 


Saugus 


1,027,400 


- 


126,386 


941 


941 


Shelburne, 


4,800 


30 


300 


_ 


_ 


South Danvers, .... 


147,700 


3,159 


9,478 


840 


840 


Traders' and Mechanics', 


7,129,310 


106,613 


106,613 


40,704 


40,704 


Westford, 


87,750 


705 


2,114 


_ 


_ 


West Newbury, .... 


316,530 


- 


12,584 


280 


530 


Worcester Manufacturers', . 


9,966,034 


91,100 


455,498 


23,058 


22,854 


Worcester Mutual, 


9,226,018 


127,544 


129,647 


29,556 
$632,401 


34,450 


Totals, 


$206,792,409 


$2,325,343 


$6,267,557 


$679,836 



lxxxii 



REPORT OF THE 



Table XIII. — Massachusetts Business for 1888 — Continued. 
Massachusetts Mutual Marine Companies. 



NAME OF COMPANY. 


Risks 
Written. 


Premiums 
Received. 


Losses 
Paid. 


Losses 
Incurred. 




$14,842,259 
5,588,135 


$317,651 
142,502 


$271,587 i 
121,709 


$271,587 
106,509 




$20,430,394 


$460,153 


$393,296 


$378,096 



Massachusetts Joint-Stock Companies. 
Fire Business. 



American, 
Boylston, 
Dwelling House, 
Eliot, 
Fireman's Fund, 



First National, 

Mercantile Fire and Marine, . 

Neptune, 

North American, . 
Springfield Fire and Marine, 



$4,734,988 

10,102,822 

5,077,260 

2,423,941 

8,061,207 

4,038,926 
2,742,773 
6,074,387 
8,761,385 
13,132,782 



Totals, $65,150,471 



$35,863 
86,341 
31,130 
25,372 
68,677 

60,269 
18,667 

100,034 
70,736 

153,671 



$650,760 



$12,485 

33,138 

4,676 

13,823 

21,653 

37,961 

8,903 

62,592 

21,136 

89,225 



$17,408 

37,645 

2,341 

19,173 

24,868 

52,023 
10,285 
72,592 
27,582 
91,413 



$305,592 i $355,330 



Marine Business. 



American, 
Boston Marine, 
Boylston, 

Equitable Marine, . 
Mercantile Fire and Marine, 



Neptune, . 
Salem Marine, 
Wellfleet, 

Totals, 



$2,054,028 
49,333,499 

5,707,601 
811,854 

2,295,034 



1,209,478 
1,099,252 



$62,510,746 



$47,510 

731,393 

38,507 

39,458 

41,658 



30,506 
41,774 



$970,806 



$49,969 

506,850 

20,249 

26,517 

42,433 

384 

14,614 
57,384 



$51,679 

473,646 

20,149 

33,717 

24,960 



19,614 
27,390 



$71S,400 I $651,155 



INSURANCE COMMISSIONER. 



lxxxiii 



Table XIII. — Massachusetts Business for 1888 — Continued. 

Companies of other States. 

Fire Business. 



name of company. 


Risks 
Written. 


Premiums 
Received. 


Losses 
Paid. 


Losses 
Incurred. 


./Etna 

Albany 

Alliance, 

American, Newark, 

American Central 


$10,733,999 
1,090,477 
1,553,365 
3,768,335 
1,481,000 


$142,746 
11,514 
13,672 
35,179 
19,204 


$82,486 

3,774 

2,720 

16,803 

6,611 


$96,981 

5,074 

2,829 

23,253 

6,708 


American Fire, New York 

American Fire, Philadelphia, 

Anglo Nevada 

Atlantic Fire and Marine, , 
Boatman's, 


3,668,035 

7,086,937 

5,475,428 

515,226 

444,137 


32,206 

85,755 

46,402 

6,586 

5,057 


8,570 

51,447 

25,236 

6,220 

2,736 


10,822 

68,486 

39,147 

9,159 

4,736 


Buffalo German, 

California 

Citizens', Cincinnati, 

Citizens', New York, 

Citizens', Pittsburgh, 


1,616,204 

1,825,100 
1,020,789 
2,670,456 
1,087,899 


16,839 
23,229 
20,192 
27,606 
12,363 


13,872 
5,777 
12,533 
17,761 
12,073 


15,258 
10,380 
17,414 
25,515 
14,394 


Citizens', St. Louis, 

City Fire 

Commerce, 

Commercial 

Commonwealth 


299,613 
822,014 

1,230,415 
663,517 

4,110,493 


4,199 
5,134 

14,985 
8,815 

23,208 


3,330 
103 
5,680 
6,570 
2,067 


2,684 
103 
6,623 
6,720 
4,477 


Concordia 

Connecticut, 

Continental, 

Delaware Mutual Safety, .... 
Detroit Fire and Marine 


1,045,113 
7,461,406 
9,360,835 
2,466,986 
144,180 


10,902 

82,075 

108,265 

13,787 

771 


10,253 

25,930 

32,321 

1,027 


13,253 

44,703 

42,176 

2,027 


Empire State, 

Enterprise Fire and Marine, .... 
Equitable Fire and Marine, .... 

Exchange, 

Farragut, 


439,546 

498,977 

4,234,096 

3,135,019 

367,571 


5,972 

5,435 

43,438 

36,287 

4,394 


2,328 
19,343 
12,632 

6,711 


2,430 

2,127 

23,443 

20,232 

5,711 


Fidelity Fire and Marine, .... 
Fire Association, New York, 
Fire Association of Philadelphia, 
Fire Insurance Co., County of Phila., . 
Fireman's Fund 


400,729 
2,041,334 
8,091,713 

934,073 
4,110,667 


4,253 

17,105 

101,154 

9,832 

44,636 


3,268 
4,386 

55,182 
2,413 

26,759 


3,968 
4,386 

58,290 
1,539 

26,218 


Firemen's, Baltimore 

Firemen's, Dayton, 

Firemen's, Newark, 

Firemen's, New York, 

Franklin, Columbus, 


576,422 
833,033 
2,671,286 
813,296 
748,328 


6,101 

10,065 

22,764 

5,293 

8,666 


870 
5,373 
8,686 

773 
2,649 


870 
10,228 
13,132 

773 
2,649 


Franklin Fire, Philadelphia, 

German American, 

German Fire 

Germania, 

Girard Fire and Marine, .... 


3,973,890 

10,206,949 

501,378 

5,680,312 

2,269,182 


40,143 
89,742 
5,013 
53,244 
22,653 


16,723 
45,263 

4,281 
21,370 

7,953 


17,631 
48,426 
4,281 
28,364 
17,206 


Glens Falls, 

Grand Rapids 

Granite State, 

Greenwich, 

Guardian Fire 


2,833,001 

418,920 

1,942,325 

1,763,119 

505,655 


25,418 

5,694 

26,399 

11,279 

4,871 


11,305 
123 

18,819 
3,622 
2,660 


18,352 
3,073 

26,185 
3,672 
2,760 


Hanover, 

Hartford Fire, 

Hekla 


5,582,276 
8,458,126 


61,883 
101,498 


31,100 
49,988 


41,794 
62,989 


Home 

Insurance Company of North America, 


42,286,662 
13,648,718 


282,384 
161,547 


130,111 
81,110 


164,857 
81,486 



lxxxiv 



REPORT OF THE 



Table XIII. — Massachusetts Business for 1888 — Continued. 

Companies of other States. 

Fire Business — Concluded. 



NAME OF COMPANY. 



Ri-ks 
Written. 



Premiums 
Received. 



Losses 
Paid. 



Losses 
Incurred. 



Insurance Company, State of Pennsylvania, 
Jefferson, .... 
Jersey City, .... 

Liberty, 

Long Island, .... 



Lumbermen's, 

Manufacturers' and Builders', 
Manufacturers' and Merchants', 

Marine, 

Mechanics' 



Mercantile, .... 
Merchants', Newark, 
Merchants', Providence, 

Meriden, 

Michigan Fire and Marine, . 

Middlesex Mutual, Connecticut, 
Milwaukee Mechanics', 
Mutual Fire, . 
National, Connecticut, 
National, New York, 



Newark Fire, . 
New Hampshire Fire, 
New York Bowery, 
New York Equitable, 
New York Fire, 



Niagara, . 
North River, . 
Northwestern National 
Orient, 
Pacific Fire, . 



Packers and Provision Dealers', 
Pennsylvania, . 
People's, Pennsylvania, 
People's, New Hampshii 
People's, New York, 



re, 



Phenix, . 

Phoenix, . 

Providence, Washington 

Reading, . 

Reliance, . 



Rochester German, 
Rutgers, . 
Security, . 
Spring Garden, 
Standard, 



St. Paul, . 

Teutonia, 

Traders', . 

Union, Pennsylvania, 

Union, California, . 



United Firemen's, . 
United States Fire, 
Westchester, . 
Western, Pennsylvania, 
Williamsburgh City, 

Totals, 



$2,766,107 

756,522 

692,950 

3,013,579 

1,041,781 

722,800 
777,967 
404,421 
207,566 
1,010,018" 

1,091,212 
6,333,021 
3,213,928 
4,498,000 
2,154,119 

8,450 
1,197,073 
6,172,571 
9,147,564 
1,050,474 

968,342 

6,856,987 

4,643,903 

716,351 

812,518 

9,878,750 
352,732 
1,691,037 
5,489,651 
2,796,024 

592,978 
6,083,156 
1,296,285 
2,115,383 

700,395 

10,306,121 

8,217,186 

5,430,726 

629,238 

1,565,928 

2,035,858 

902,059 

3,029,642 

3,872,124 

529,065 

1,529,577 
246,903 
4,936,957 
5,848,514 
1,762,968 

1,621,357 
610,280 
5,284,928 
1,262,145 
3,069,340 



$355,554,093 



$32,593 

6,995 

39,337 

8,376 

4,822 
7,908 
4,202 
2,613 
10,443 

10,946 
66,568 
33,944 
51,277 
21,102 

86 

9,430 

64,453 

100,540 

11,465 

11,598 

70,413 

33,280 

6,363 

8,730 

123,978 

2,604 

15,552 

53,879 

25,815 

5,730 

86,804 

15,022 

30,423 

7,620 

121,754 

99,017 

95,005 

6,991 

18,918 

26,894 

7,963 

31,056 

33,190 

4,500 

16,290 
1.S60 
63,329 
52,835 
19,285 

19,234 
5,152 
54,247 
15,273 
27,744 



$15,153 
3,555 
990 
19,719 ! 
4,233 I 

1,531 | 
3,650 
4,216 : 
1,733 
3,328 



6,611 
32,260 
19,856 
25,738 

4,444 



3,798 
31,967 
12,542 

6,533 

4,489 

43,389 

18,362 

1,610 

4,455 

64,905 

10,934 

20,537 

8,346 

800 

55,141 

7,898 

21,284 
4,454 

38,735 

50,184 

48,189 

780 

1,883 

20,380 

3,500 

18,356 

16,086 

1,100 

7,897 

25 

31,573 

33,423 

9,752 

6,593 

2,960 

30,065 

13,402 

13,322 



M5.153 

3,575 

990 

30,791 
5,157 

1,531 
5,150 
4,549 
1,783 

2,892 

4,736 
50,293 
22,808 
34,735 

7,244 



4,298 
31,967 
64,359 
10,233 

5,059 

61,214 

25,982 

6,110 

8,880 

70,588 

13,484 
23,065 
10,444 

1,925 
66,835 
12,379 
26,154 

6,536 

44,900 

62,825 

36,136 

780 

7,224 

25,473 

3,500 

20,679 

3,600 

9,906 

25 

44,168 

35,863 

8,610 

10,173 
4,799 
22,393 
13,052 
13,609 



$3,698,353 $1,788,367 $2,201,340 



INSURANCE COMMISSIONER. 



lxxxv 



Table XIII. — Massachusetts Business for 188S — Continued. 

Companies of other States. 

Marine Business. 



NAME OF COMPANY. 



Risks 
Written. 



Premiums 
Received. 



Losses 
Paid. 



LOBHCS 

Incurred. 



Atlantic Mutual, 
California, 
Commercial Mutual, 
Delaware Mutual Safety, 
Equitable Fire and Marine, 



Insurance Company of North America, 

Phenix, 

Providence, Washington, 

Union, Philadelphia, .... 

Union, California 



United States Lloyds, 



$12,136,626 

7,440,808 

633,565 

21,605,165 

59,665 

36,661,417 

14,565 

7,596,283 

5,269,187 

4,803,829 

12,608,641 



$108,829,751 



$144,567 

129,506 

13,248 

157,739 

119 

232,298 

604 

58,136 

32,779 

76,933 

55,477 



$901,406 



$43,689 

28,018 

6,991 

108,675 



263,106 
4,386 

49,124 
2,189 

17,589 

12,061 



$535,828 



$43,727 

49,263 

6,991 

104,653 



175,400 

51,438 

2,189 

10,359 

2,590 



$446,610 



United States Branches, Foreign Companies. 
Fire Business. 



British American, . 
City of London, 
Commercial Union. 
Guardian Assura: ce, 
Hamburg-Bremen, . 



Imperial, 

Lancashire 

Lion Fire 

Liverpool and London and Globe 
London Assurance, 

London and Lancashire, 
North British and Mercantile, 
Northern Assurance, 
Norwich Union, 
Phoenix Assurance, 



Queen, 

Royal, 

Scottish Union and National, 
Sun Fin*, . . . . 
Transatlantic, . 



United Fire Re-insurance, 
Western Assurance, 



$3,211,353 

5,910,884 

14,433,154 

9,355,825 
4,277,141 

10,071,613 

6,026,375 

1,945,750 

23,941,848 

4,650,999 

8,587,648 

35,654,889 

2,718,404 

6,111, 4S8 

11,303,869 

11,436,105 

21,559,047 

3,108,245 

10,367,763 

833,364 

918,375 
2,117,371 



$204,541,510 



$38,006 

88,076 

134,352 

108,286 

39,829 

118,239 
73,217 
20,886 

246,120 
48,206 

117,585 

171,428 

85,826 

72,091 

114,400 

92,696 
249,898 

30,446 

136,870 

6,720 

9,136 

25,237 



$2,027,550 



$28,686 
58,141 
83,500 
34,708 
18,075 

47,836 

42,122 

4,825 

106,276 

21,464 

82,654 
78,591 
59,871 
26,844 
65,114 

33,691 

130,283 

14,354 

48,327 

5,869 

6.577 
8,667 



$1,006,475 



$33,438 
68,656 
88,249 
37,66«- 
20,595- 

64,526- 
48,39-4 
1 1 ,366 
131,872 
26,361 

107,721 

100,490 

73,741 

36,636 

72,962 

39,378 

148,175 

18,499 

55,060 

4,673 

7,230 
12,128 



207,816 



Marine Business. 



British and Foreign, 

Marine, . 

Thames and Mersey, 
Union Marine, 
Western Assurance, 



$30,897,946 
22,933,018 

5,365,252 
11,159,636 

1,756,306 



$72,112,158 



$142,602 
51,190 
23,383 
81,579 
27,959 



26,713 



$107,652 
43,699 
25,830 
30,170 
17,581 



$224,932 



$107,652 
43,699 
28,300 
26,920 
13.577 



$220,148 



lxxxvi 



KEPOKT OF THE 



Table XIII. — Massachusetts Business for 1888 — Concluded. 

RECAPITULATION . 
Fire Business. 



NAME OF COMPANY. 


Risks 
Written. 


Premiums 
Received. 


Losses 
Paid. 


Losses 
Incurred. 


Massachusetts Mutual Fire Companies, 
Massachusetts Joint-Stock Companies, 

Companies of other States 

United States Branches 


$206,792,409 

65,150,471 

355,554,093 

204,541,510 


$2,325,343 

650,760 

3,698,353 

2,027,550 


$632,401 

305,592 

1,788,367 

1,006,475 


$679,836 

355,330 

2,201,340 

1,207,816 




$832,038,483 


$8,702,006 


$3,732,835 


$4,444,322 



Marine Business. 



Massachusetts Mutual Marine Companies, . 
Massachusetts Joint-Stock Companies, 
Companies of other States, .... 
United States Branches, .... 


$20,430,394 
62,510,746 

108,829,751 
72,112,158 


$460,153 
970,806 
901,406 
326,713 


$393,296 
718,400 
535,828 
224,932 


$378,096 
651,155 
446,610 

220,148 




$v>63,SS3,049 


$2,659,078 


$1,872,456 


$1,696,009 



INSURANCE COMMISSIONER. 



lxxxvii 



o 

J3 



o3 



00 

oo 

00 



^ 



f-l 

o 

a, 

5h 



oo 
oo 

GO 



CO 

o .s 

M 

Cj co 

X "S 

^ 'a 

CO GC 



CO 

p 

w 

O 

X 



03 
O 



t3 



03 



CO 






a 


3 


<53 


»— 1 


a 

• r-l 


rO 


CO 


CO 
03 


1 


H 


o 


5>J 



03 



03 



+3 

• i—l 



-3 > 

o3 r3 






o 

=rH 

03 

H 






^ 



o 

•<s> 

•I 
<*> 

03 



o 



»OCOb- 

CO T— I 



O CM 

CO 



i<0(N 
»0 O O 

co,o,c© 

r-TcN CO~ 



I I 



CM t>- r-i 

O i—i CD 

oo »o oo 

ioo'co 

CM 

CO 



b- CO 

CO i-t 

co co, 
no" 



iWOiOOHOOONO I (MO— i |>OCO 

-HO'OCOCOOCM-— lOGM ONO 0OH 

coco ■<*, oq, 'O i>^ o, co o^ coo. co o.'-j. 

l> aT CO*" r-T r-T <N <fiTrH COCo"cO~ CMC© 

r-l CO N <Nt> 



CI 

OS 



I O OS o 
COIN 
GM O CO, 

•O CO 
CO 



o o o 
>o o o 



I o o o 

O OO o 

os~ co" «o 

HCOH 
CO 



O OO 

*a oo 

iO t>^ 

oTt^ 

CO o 

CM 



•O t>. iO CO OS o 

(N O N C 'O N 

:? N ^ <N iO » 



*0 



CO C~ 
CO 



O CO -HH 
COOO 
CO CO ->* 



I I 



CM 00 CM O -f CO 
r-l CO CO CO ""* CO 
O CM CM t— I CO 



CM CO OS 
OS iO 



CM O 



it;N»OOOiOOOCO^iOO(NCO(NO^O 
^O'+CNKMCOCOCO'^iOOOOCM COO 



۩= 



OS 



o ** 



■^ 



O CM i— i O0 
CO t^ 



CM C^ 



O O O O CO o 
Ct^OOiOO 
O, ^ O OS_ O Os^ 

■^ co" o *o~ o" co" 

^i— I NH(M 
CM i—l 



I o o o 

o o o 

0,0, CO. 

-H~ t-h co" 
CM i—l OS 



I o »o o o >o o 

O i— i iO o t^ o 
00,0, CO, CM 0,00, 

co gnTo O^Gi 

CM CO CO CO CO 



o JS 



I CM | | 



t^ CO r-l l— I 



I I 



I O CM I H | 



l— lOSCMCOC^^GMCOCOCOCOCM^CM-*!— 100*0 
>C i— I CM i—l i—l 

CM 



co 

03 

1 



03 



■r 




03 


. 


m 




B 




c 


V- 






1 


03 


. — 1 


od 


<3cq 



. c _^ -s 
.a ^ ,-S 

co 01 rt 

'a'S g ^ 

?j a cs -^ 

WPQWpq 



CO 

• bJD 
• • a 

'So 

c3 

° f-l 
. S a oq . 

2 C3 03 

•* a, -C 

bJOr- O 

fen 5^ ^ C3 

°w „ CO s-i 

^ >-» 03 _ 

^, C S » O £5 03 

^ S S f-i+3 5-. 

.Z, . 03 .i-h G 03 ^^ •-„ 5h ^ 

"7 2 mm bc^.2 03 ^ ^ -g 



lxxxviii 



REPORT OF THE 



O 'O ^ 'O CO 
(N (N x (M :: 
tjj © -r^-r I - 

© <© 



— i - 

© a> 



X CN O 
tH<D © 



© i 22 ZZ '£ S ' i *o © 



c cc 

00 



c — ■- 

T. ■-. CC DC 

c4" ©~oo" 

DC DC 



© »o i— l 


'- 


CO 


cm cm © 


71 


1 — 


r-i a: o 


"<* 


1 - 


€ ^ o" co 






n 







o c c c c c^ o 

N «C OCO(NC X 
CO O 7 1 ' CO I— I ©. 

CO X —<~7l CO •"' O 
pH CC t-H 71 X 



CM — — - - © 

x cc — 

— D # cq x co 

_' , - r -' I i _: 

OC DC 



'- C T. 71 
CC C - '7 
CC 71 CO 71 

cd ad t - 

— CO 



o o © o © 


O © 


1 © © © © 


©OCNC 


o o o o o 


O <N 


■ - • t — • 7 


© © co c 


O -*• i— 1 t> © 


CM CM 


© t>- 1^ X 


© «-7 i- o 










c: :: O h n 


cc x 


cc ■ ~ © o 


© •— < C> iC 


«&^ rH 


en i- 


iO CN '7 


— 71 CC 




■— ' 


■^ — 





I I 



• 7 7i irj o 
i - t ~ — • • — 

i - i -T — r 

— © -7 



P 

O 

O 



<4) 



o 



C5i 




CO *o CO »C I r>O>©C0C0t>-C0»O©«O'*©C I i - t~ l> n 

0(N-hN O^WNCCKNCOOOOJOOO — ■ 7 X X 

i-i X C> —i X^ 30 ©„ X r- MO tN t> i-; OS — i - DO I - X © CO 

^co~r-T cd ~ — x xi — id oi — ' 7T — ' 7Tc * 

i—i CO CM rH t> 71 — i 

cc 



CO »C CO iG C: 

© CM — i < - — 

C00OH 

^ co' of 



n- i—i 

CM © 
t>rH -f> 



©eoi-ito.tMkO©?©?©^© c t- i- 

DC i- — l^ '~ © '7 © 71 — C X — ~ X X 

© X ©^ — I ~, l^ — , — \ O 71 DO CO I - x — CO 

-* CO © — • 7 — 7 r — ' 7 r 7 l — ' co" ©~ 

CO QC *— © »H DO 71 — 

cc —• 



© © © © 
© © © © 

© ©^ C7^ t> 

-f 1-1 



© © © © © © ijc © C 3 ~ © © I © co «o c 

cm © ©^ iq i~ cq X) S^ © oo -- i>- c^ ~^ x 

— '■ — ' i- ^: ".! — ' ■: oTof b>Tco""^«o co'cTcc «d 

L^ :7 i— 71 .~ — X CO CO OS ~ CC 

CM CM CM — — — 

CM*" 





■ 

o 
o 

-5 


i —i I I i 


CM CM i— ' I INN I h | 15 « | | | 
CO 


1 71 I 


o 

d 

to 




"^i CM CO CM i-H 


© CC CM -t- -»• 71 '7 — "7 71 © — t— i7 © 
i— i i— ( i-H rt< QC 'Q © 

© iH 


71 — 



pa 
< 



TJ ^Z 

-4-a 

a 

5 
of — 
a -~ 
^ x . . - 

3 -^ © 

O u 

A '-r- O r? 

»T 3J § i— ( 

a . -jo ts s? » « 

o «—•... g 0D » , Sa«P»«»- 

o r7-^ c^ © "5 o - ~ - r 

9 c c^ «i— i ,^ © 

Bs - . be ►■ • • 5)«'o^ .^S'-S • • ."S S 

r— . — ©- ' — -^ i — i*^—^^c;-rx — — •— — — — — - - — 

g *«h L.-2 2 -. -: r t = - c .= > — s n — - -_ = = 

- zi - =: ■— = ~ = - z s '■ ~ — > ^= - _ © - tj 7 - © .© - 

© C= = ct © f ^ - ■= = : >, r p ^ br. e: -r - . z © = -z •: 



INSURANCE COMMISSIONER. 



lxxxix 



t- |0 | >0 H iO N 00 | OS © © t>- I I HOMQ0^NWOHHC0C005OC0 

~H O (MCOCOCDH iCnOCOCO NI-N^i0'0«iON00<r)OtDi0(N 

0O OS OO^r^OOCO C^J. ^ c <^ ~^ ^'"l^ ^"^.'"! 1 ^.^ 1 ^ ^^^^ "^1. 

to" th r-T— TrCr>T cm" TdTr-T >o" oT cm ©" co" co" co" jnohhoo oo 

rH CM CM CM i— I rH HiQH r- I OS r- I CO 















r^ 


1 O 1 


OOCSNOOOnOON 


1 OrHOCOGOH^CJCOOrHrHOrHCSOCO 


"* 


*# 


-fi GO CO CO o o 


rH CO CO CO 


ONCONOHiOO 


iO N CO CD (N H iO H 


Of) 


© 


O -f co oo -* i^ 


h*. oo oo -* 


OOOOHtOiOOHOOCOCOOnO OS 














to 


o 


nrMCON 


CO "*H 


rHiOOCMCMCMCMGO 


HHHCNCO © 


rH 




CM CM CM 


rH 


rH rH H t> <M 


CM © rH GO 




. 






r-i 


rH CM 


o 


1 O 1 


>o »o o o to 1 


o o o o 


1 1 O O O O -* CM O O O O t- O O O -* 


o 


o 


CM t— 1 O O CM 


© © >o © 


© O »0 O r^ co to 


iQOOHOOOH 


0() 


X 


onx»o»o 


iCOOON 


CM CO to GO CO - 1 r-H 


(MONCOCNOiOO 














CM 


CM 


HNOO 


oo t-^ © 


00HT|iG0O00HaiHCQ00QDt>O 


CO 




CO OS tO 


OS >OH 


COCM>OCM-HcocO00rHCMOS O0 CM 










rH rH CM 


CM 


o 


o o 


1 iQQCOiOOOiQCOO 


iO N •* 'O H H CO O 


I CM 00 OS CO iO f-~ © 


o 


O OS 


CCCJC300>O*t<NHH 


iOOCOCO©iO-HCM 


CM >0 CO 'H © CM CO 


r- 


o co 


CM t(< H H CO 


CM CM CM CM 


t> CO CM CO CO CO t^ 


"* t- O ^ ^ CO 
















CM CO 


OS to C~- rH 


-H GO -^ rH 


CO rH CO CO OS CO 


HO'tHH rH 






CM 


CM 


CO rH CO 


CM -rH OS 



©©©©©iOOSC0>O©00©C0©»O>-Ot^rHlO©G0©CO 
kO©iOOSCO©OSOSGO©COOS'-<i— ICM©«OtHQOCO©COCO 
t^ ©^ GO CO_ CO^^rHCO©_CO©_COCM^ COt^'0 - CMCO_CO r _iO i r-^ 

>o" CM~ Co" ©" to" l>^ rH" r-T aT rH~ HjT r-T Off r-T Go" >o" ©" ^ 

CO CM rH COH-* 



rH go os co »o r^. GO 

© iO CO ^H © CM CM 
CM^t>^»0^0^^ I>^ 

co" ©" -hT »h **£ ■*£ 

CM >0 CM 



© 


1 © © 


1 ©©©©©©©©© 


1 ©©©©iO©CM© 


1 © © tO © iO © © 


© 


© © 


>0©©©»0©©©© 


O O O O N 'O h .O 


© © © © © © CO 


© 


© t- 


COOiOOOCOCMHQO 


HiOiCOOCNeO 


CO CM 00 CO OS © © 














CO 


CM t>- 


CO uO CM CM 


~H O ^ O 


CMr-^O©CMC0C000 


r-t rH rH CM O >0 © 






co co co 


^H rH t>. 


OS -* O CO CO CO 


rH CM «0 tO rH CM 






r-i 


CO 


r-i CO 


r-t 



I I HH |CO I I HHCCNH | | CM I CO I t^ CM CM 



I CO 



I T* 



OCONHuOCONN(NHCO"*HHCNaiCNHOOOHCOOCOCil>HOO 
"* CO rH CM rH CM rH • 



Cv 

o 

-+J 

aa 

►» 

?H 

xn 

S v • 

M 

. . .£ .g a. 

O© -^ 

H O CP 

> bJD *- cd .2 

^ - S! ~ C 

rp i 5 r ? £§ J ^ J rS »S § S § S 1 ® .^.12 £ 3 J * 3 § g -3 s *a ff ff 



xc 



EEPORT OF THE 



co 
o 



O 



555 

8 



Cb 



X 



»0 -*• I C5O-*NNO00>O lOOt^O 
t^-CO O >0 i— • O O O '— 'CO O r-l [^ r- i 

"* °„ ~^ ^ ^v , ~t. ^ °, °„ , ~~ | ^ ^ c i- 

^C^f >0 H CO Co" t^T CI CO t^T»0 

ODH(N(MH i—l Oi-h 

co 



I I "* o 



O "O o O) C 

30 '0 CO — OS — 

\Z ^- ~ • 
X 



t^ CO 

-* o 



I »OOCiiOt^O^>00000»0 

c<Moncc -^r.ONooH 

■^OOOO'C-tOH CM CM CO O CM 

">** CM GO 00 t~*T i-h* O rH t>Tio" 

O r- ( CM -* r- ' i— (CO -^ r-t 

CO 



I o — c c ■- CM o 

0(00>QCOMiQ 
X r. 0<N OO iH 
CO — ' • "' i 



OO |-tO(NONOOO I O Q O «C 

O O CO O X 'O C O C O C C CO C i 

0_ O^ O^ CO t^ C^ O. "^ CO, fc*», iO i-h CM © 

1-T-+ OOC-r'N-tClN CM IQOO 

^=t-h o co O CM i— i t— cc r. :- 



I INC 



-•too 
• - X © o 
to XI x> ©. 

— co -- i-T 



i-ioooooooo^oocso-^r^oo— r„ <~ a z z 
OOGMOcooocNO~r-fcnt^»— iionc >* 7k: oi- - "' 
CO CM^ CO, CO O r CO,?0 - '0 <N^ CO OS CC_ »0 7 t — Z — c c : ~. — 

^ i-T o" -+ o rn" o "^ cT cT cm ^ ph w : a : a — 

CM ^ r-t CM C-i-h f- 



HOOCOOINOODOOiOOOC^NC C — S. ' Z X - - 
O *0 CM 'O CO CO O CM O CM Tf i— i [^ CM CO CN O O CN CO Oi CO ~ . OJ 
CO CN CO OS CT^ -t CO_ r-< *C_ »0 t-- i-« 01_ O uO K> D CO © CO iH 
^ r-T o" "* CM CM «0 *0 CD -^ (N C(N co" CO — c' 



C — t" CM CM «0 *C CO 

cm c; t-i t-h — 



co co — ~ 
X 



OOOOO»0OOO'0OOOOO»0O C C-iC C C CO 

OOOOOXOOOr-'OOOt^Or-O'Occ 3 - "0 3 

o o, ©_ ©s 10. gm_ c© o^ r-« c^ o co_ *o oo o x_ uo^ oi — — : a x 

CS ioT of CO^ >0 icT'-^o'c: iO*QCO©*i-lO*r*r-( ct — ct — p -r 



-Ol 



Ci CO "-f i— i CO CM ~-f> 



t^- CO 



CM 



I I I 



CO iO 



ICMX I CO |^t^CMi-i^-CM I ?1N I I 



O .2 



t—i— Ir- CO^CMt-Ht— t-^COi— I O ^ NC: C r- 1 i— ' t> 

T—l CM GN T— t T-I CO t— I 



cc 

~z 

. c« . . ■ 

° .3 

r3 ^ a O 

ei m bto o ^ 

(-i .x — ^ .^ . . . . to o 

rf5 * I 1 ■ 1 . gg 
is -a- . s° J . ' . . ts 

c • x bCw £ - Xi - L « - -r ^ 

^ c ° ^= — J^ - * s © co 5 2 •; c ;,• x - -/ d - 

1 g . c = -3 g ^ -3 =. x 5 r - c • .-- i 5 J2 r i - - 

g <H DQ vg^g rrt W «3 P Prt S ^ S fl O O S pC 03 S § d S 

q .^-^[;- = :I--^ ~£- J- = - _£ ~ - 
^^^.E-i^l^t^^:: J a > 

jgJicSd^oqdeslScSpdpdJdrd^rSao-Js-is+s^ 
p_, pn ?-, p., pn cs ^: — s; x x x x x x x x x x x x x x x 



INSURANCE COMMISSIONER. 



xci 



iO CO rH 




1 


-* 1 1 


1 


O 




co co o 


rH 


CM 


COON 






CO 




CM 




COHHH 


CO 


r^c^o 






HH 








rH CO CO' "H^ 


-^ 






















OcTih 














NHO 




CM 


CO CO 














tH 




K3 


1— ( 


















cm" 


OCOH 




1 


rH 1 O 


1 


CO 




iQCON 


rH 


o 


•<* l>. CM 






CO O 




OS 




WHO 


rH 


^H 


WHO 






-* ^ 








CM CM CM tJH 


rH 






















CO CO rH 














^ CM CM 




C^ 


-^ r^ 














rH CO 




CO 


r-< 


















J—t 
co" 


t^ i^. o 




1 


O 1 1 


1 


O 




O O rH O 


o 


iO -H <o 






o 




o 




O O rH 


o 


CM 


CO H< GO 






J-* 




rH 




o-^ho 


CJ 






















CO rH rH 






r-i 








rH IO CM >C 


l> 


© CO CM 














*o iO 


CO 


iO 


CO CM 
















CO 






O »0 CM 




(NO(NC5iO^ 




CO iO O CO 


o 


CM CO GO 




OOOOOHtN 




rH O iO CO 


CO 


C5 00 0J 




CM <M CM C5 








IO O rH 


rH 


C7i 






















CM rH O 




O 


GO *0 








IO rH CM 




CM 


(Nt>H 




"3 


»o 








CO 




CM 

H 


© O CM 




© © C © »0 C5 




© © iO CO 


t^ 


(NC5CO 




OlOiOQOlM 


rH 




HHCONO 


-H 


CO t^ Oi 




i—< 


CM O CO 




CM 




C71 CM Ci 


rH 


t^ 






















CO CO o 




CM 


O OS 








CO CM O 




^+1 


COt>H 




iO 


C^ 








'H 




OS 

H 

CM 


COO o 




rH O CM O O O 




rH O CM O 


o 


(NiOO 




*o O t- O O O 




CM O CO O 


rH 


-* rH CD 




©OO^iOW 




CO CO rH 


«o 


rH 






















OirjT© 




■*(N(NO(NH 




>o co © r>- 


O 


OJOJrf 




*0 


CO GN 








T+( -HH CO 


CO 


rH 




CO 


t-i CO 












£M 

cT 


rH <* | 




o 


1 co 1 

CO 


1 


1 




CM CM iO 


1 


OS 

«o 


r(iCOH 




Oi rH CM © rH rH 




^H rH 00 


rH 


CO 


rH rH 




■O 


CO rH 




T-i 




rH rH 




CM 




















. 




d 










rt 










o 










rH 

sd 


























• 


-1-3 


OD 










bJD 






d 


fc»C 










ci 








rt 


a 










M 








rP * * 

o 

rH 

CD 


^5 

rQ 










H 

S3 


■73 rH 
r- <jj • 






■73 


o 










o 


>-H fc* 









+5 

p 

Kg 

2 










P o 






bo 

P r" 1 








CO 

73 


Pi 


c o 

CO rP 
CD HH 






s (manufacti 
rs and currie 
res, . 


O 

a 

CO 
CO 




r* 

o 
d 

a 
P 

DO 


U 

CD CD c3 
-2 p 1 J£ 


DO 

CD 

Q 

SH 


ed 

>> 

Id 

o 

cd 


E 

X 

CD 

H 

c 


Or/) ** 

ed ;-< r/3 

8*1 

= P r^ 
.rH r> q 


CO** 
CD 
5h 
O 

H— 1 

CO 


o 


Tailor 
Tanne 
Theati 
Unci a: 


42 


u o « 

r-^ 2 S 
- - - 
PPr> 


Qj'P 'P 

•hO o 
-P o c 

> ir* >■ 

r~ r~ r~ 


S © o o 

«rH O O O 

>>> 


H 



XC11 



REPORT OF THE 



Comparison of Table XIV. for Eleven Years. 





No. of 








Total 


Partial 


Yf.ai 


Fires. 


Insurance. 


Damage. 


Insurance Paid.* 


Losses. 




1878, 


. 1,728 


$7,703,326 


$3,683,265 


§2,547,841 


532 


1,196 


1879, 


. 1,852 


8,086,657 


3,626,430 


1,994,412 




1,247 


1880, 


. 1,722 


11,033,541 


1,454,221 


3,422,14:5 


596 


1,126 


1881, 


. 1.694 


11,414,17!) 


4,312,642 


2,S19,847 


511 


1,183 


1882, 


. 1,758 


12,406,617 


4,789,906 


4,480,797 


529 


1,229 


1883, 


. 2,233 


12,325,823 


4,686,759 


3,446,07'i 


666 


1,567 


1884, 


. 2,011 


13,635,872 


4,704371 


4,226,144 


543 


1,468 


1885, 


. 1,828 


11,332,402 


4,169,798 


3,254,256 


482 


1,346 


1886, 


. ! 1,920 


12,566,354 


4.579,530 


3,313,892 


328 


1,592 


1887, 


. 2,238 


13,064,423 


4,220.326 


3,180,244 


519 


1,719 


1888, 


. 2,446 


16,988,030 


5,385,377 


3,732,835 


594 


1,852 


Total 


, . 21,430 


§130,557,224 


§48,613,125 


$36,418,487 


5,905 




Averag 


e, . j 1,948 


§11,868,829 


$4,419,375 


$3,310,771 


537 


1.411 



* As returned by the insurance companies. These amounts differ considerably from 
those given by the local authorities, the latter being necessarily in part estimates ; the 
figures here given, not only for the last but preceding years, are from the returns of the 
companies. 



INSURANCE COMMISSIONER. 



xcm 



•JoqraaooQf 



uaqniOAOK 



uaqopo 



rH rH | I GO I (M I |HH |HN | | CM rH | | | 



I i-i I I -* I I I I I I I I i-l 00 I I ©* I I I 



I I I 



III) 



I <M I I | r-i rH 



•jaqnia^dag 



I r-l I | CO I rH | 
CM 



I I I CM I I I CM 



I I I I 



•jsnStiy 



I CM I rH CM rH | rH | | | | | | | |r-l| | | rH | I 

CO 



CO 



X 



•A\x\£ 



•aarif 



'Avf^ 



•nidy 



■I[0.ICJt 



I I I IHCO I I I I I I ICON I I |H |H I I 



1 CM 


1 1 O 1 
CM 


1 rH 


1 rH rH | HH | 


1 CM 1 


1 1 


1 1 1 




1 1 


1 (MOH 
I— 1 


1 1 


1 1 rH | | rH 1 


1 1 rH 


1 rH 


1 1 1 




1 1 


1 1 O CM 
CM 


1 rH 


1 1 |H IOIM 

I 


I r-t T-< 


1 1 


1 rH | 





|HN |HHH |H I I I |CMrH| |rH| | | | | 



•AJinuqaj 



•.ucnuBf 



|H I ICJH |H I I I I HHH I CNN I |rH| | 



I I I It^CM | CM rH | I I IcOrHrHCOl I I I I 



be 



03 
CO 

& 



co 

3 

to • 

03 

l> " 

dd'CJ .. 

co £ "a 
co 



co & 



«jj 03 CO JS 

w —I f-l !■-> 

pqpqpqpq 



fee 
fl 

' C0*"rCj • • 

. c I . . 

■r- © of • 

rrj G ^ 
- C O O 

.2 "<§ -5 g 
^JS £r* bit 

Ss o rt .2 3 

O O $H C R 

pq pq pq pq-pq 



CO 

co o 

03 o 



CO 

.2 

"Eh 
O 

o 

«iH 

03 
co 



•a *r-t M 



csa 



03 ^ 
03 CO 

rrt-S 



co^ © 



S ° w 

► ^3 

•*> S ri 

B C 3 
c3 c3 ,B 

OOOUQOO 



Fh 

03 

T3 



bJDO 3 



03 o 
*© « 

o o 

00 



° s 

CO o 
tH =3 

o o 

00 



XC1V 



Moqraoooci 



•.loqtaaAO^ 



•aaqojoo 



a 
a 

• r-c 

a 

o 

O 



5>s 

OS 

6 



> 

X 

pa 

- 



uaqraajdag 



■jsnSny 



•A"P 



■aunp 



•iBj\i 



•iudy 



•ipjBK 



•.fjBtuqaj 



•XiBmiBf 



REPORT OF THE 

OOH IHOONM I I |H< I I I I IOO I I I —• 

© 

I cm I I | r. in h h i co | i « (M | -* ci I i I 

QC 

rJH | HH^OO I I I O i— I -h I | C: I I — I I 

CO 

c<> r-i i i-i r: -* c^j I i I «D I i i-h i I i— — i i i I I 

nn I I I io i i iod i i it met i i c* i 

i-ii-i| Hoc I I I O I I <M (M I CM — I I I I I 

t> H i-H 

<m -+i I ic^«.-ic<i|i-i|r:i | cm | i i ci i i— I I 

OO r-c 

O I 1 I I 00 CO I I I O I ICHr-Nr- | I — I | 

I I I I I 00 -* I r-i | O I IWHHH | I I I I I 

c — 

• 1—1 

WHHHNKC I i I «0 I I CM r-l CM CM I r- | | | | 
I I H | (N7:^ I I i-H (N 1 r-i l r-i | r-i | I i— I I i-» 

CO 

I I I I l^-rl I i-* CM I I I i— i I li-l I I— I 
CM 

i>» 

73 
O 
X z~s 

GO ~Z 

c © 

i g 

3 § 

3 © 

"""' d 

aT ■ . ed .... 

a> A4 \a 

CO ^ U. 

■3 « o — 

o £ £ s ?' 

** o s __ ' * * o 

-2 « © « S ^r > 

In ... . rS ."3 « . 3 .r2 r • 

£ 2 a; :j3 —, "= o ■ 

*> \g « „- ' >>2*a ■ 'SoriSI " ' "|| ' "«9 1 

_c — £ cj _= b t •- — 7 -g h E E - £" ~ = = P*S - •- - 

"o B q 3 .- ^ -" P ^.— ~~.Z— "EZ.c^- = ~— - - 

W» <^^^^^___ — __— | (XJ (X< pE< (X< pH — — _ ^ ^ ^ ^ 




INSURANCE COMMISSIONER. xcv 



CO'— li— 1-H-^COrHrH | | | 


1 OOHH | WH | 1 70 1 1 rH | | 


i i 


1 i—l CO 


TJH 1 


i 


1 1 CC i-l | | I I 


I « |H i.eo |HH | 1 i-M | | i~< 


i i 


1 1 CM 


CM 1 


i 


1 1 ^ 1 1 1 1 1 


1 HHtHN^N I H | t 1— I 1 1 1 


i i 


1 1 1 


i— 1 r-t 


I 


1 I r* l— ( CM i— 1 I i—l 


J rH I CO O 1 1 1 CO rH 1 1 1 1 1 


i i 


1 1 i-l 


•H .1 


1 y-i 1 iH 1 1 1 1 1 


1 1 1 CM 1 CO 1 1 1 1 1 1 1 1 1 


h i 


1 1 CM 


CO 1 


1 


| l— 1 -H/< 1 i— 1 1— ' H i— 1 


1 (N 1 OHCOH | 1 i-l 1 ICOICO 


i i 


1 1 i-l 


^ 1 


1 


1 CM H | | | | | 


l<M|rH|i-l| 1 1 |H | I I | 


i i 


1 rH I 


O 1 


1 


MN I [H | 1 


rH CM I rH | | | |HHH | | | | 


1 rH 


1 CM I 


CM rH 


1 


1 1 1 t-lr-l I I t-h 


ICMI IrHCOCMI I |i-HCM| I 1 


1 1 


1 1 rH 


"f i— i CM 


I rH O 1 rH 1 1 H 


1 (N I HHfN'N | iM | |CMCOi-HCM 


1 1 


r-l rM rH 


CM | 


1 


1 1 i-l 1 CM i-l 1 I 


1 r- 1 1 1 1 «h I I i i 1 I 1 i-H 


1 1 


1 CM I 


t 1 


1 


IH^ Mill 


1-ll-H|1-ll(Ml-l| 1 1 1 1 1 1 — ' 


1 1 


1 1 CO 






en 
<D 

© 


OQ 

fc» - - 


43 

d 

C 

u 






makers, . 






Grocery (including gen 
Hardware stores, . 


DO 

CD 


— 

u 

— i 


Harness makers, 
Henneries, 
Hotels, . 
Ice houses, 
Jewelry stores, 
Junk stores, . 
Lampblack factories, 
Laundries, 


Leather stores, 
Liquor stores,. 
Lithographers, 
Livery stables, 
Lumber yards, 
Machine shops, 
Markets (meat and fish) 
jSIillinery stores, 
Offices, . 
Oil stores, 
Paint mills, 
Paint shops, . 
Paint stores, . 
Paper bag and envelope 
Paper mills, . 
Photograph rooms, 
Picture-frame makers, 


Potteries, 
Printing offices, 

Public buildings, . 



XC'Vl 



REPORT OF THE 



•JOqUIODOQ 



^ I I »-• "* I I i-H <N -f rH I I t— > I I t— ( I I I i-< I -O 



•joqiu,)Aox 



1-1 I I <M t-i | | lOONH | | | | I | | I i- 1- i 9* 



•jaqopo 



1-" I I I 1-1 I 1-1 I I <N rH I | | I 1— I -TjH | | I— | cz 



<M I I I i-H I I I I ZZ I I I I I I CC i-l I i-l i-i I i-H 



■.loqraojdas 



•jsnSny 



<M|||(M|||(Ni-<|i-'|rt||(NI|i-i|| >0 



13 
o 

d 
o 

a 
o 



A\m> 



•aimf 



•**iz 



CN I I I i-H I I I iQOO I I I I i-H I O I I S3 i-i i-i <<* 



tH I | | tH I | | <N | | | | | | | iH 1 | «iH | -* 



<M I I IC^I I |i-lrH| I i-H fH i-H i— CC I I I i-l I t— 



•IKidY 



<M|i-l|C<Ji-iC^|<MaOi~i| I I I I C-- i-i I C<» C^ I ">* 



5* 

*8 

CO 

8 
J- 



•qojrjvr 



oo I I I i-t i i-h I Ihoo I I I I |r*r:HHH | -t- 



•i — I ■• — i | I -^ I <M I |i-h| I | t-h | ,-h C<« ,— i | ,-h (M I O 



\Otmjqaj 



•XiunuBf 



l-H I I HCO I ■* | | 00 00 | I 1— ( ^H I <M I I NH I 



> 

X 
H 



m ' 

— 

z 

wT ...— .. iz . 

po — 

® C 7Z 

°2 5 - _T 

hj " •- ~ 

c<3 E T Q 

a - - *- 

-o g 2 ■ . .-d . 

C ■ .- » v n 

el vT ct "- i C = 

»> E2 c ** "8 "T ■ * 

2 ^ s . * 2 s S . - . 

3 * * * S " * S d S £ « o 

be 5 g «2SC „ 

-2 • • ..s • -»"5 - • s - • -/ • -Z - ? -S • 

is f1 B, o ®^ * S 2 e ^^ «8 1 o g 2^« S 2 o 

S.s ^ §- s1 § 3t MiUxS : - I -5: = 3-831 

oj O O S eS^oS^S^^^^ S o ° --;."," r ~ 



INSURANCE COMMISSIONER. 



xcvn 



IC1H |H 1 — ■ I I I 






<u V o 
. . . .Z~~' 

" ^ ' ^ •« *" & 
«H e§ £ 2 £ 

" -d DQ ""3 / 3; X 

■ ^r o ©TI « 

^3 ^ g &M O M 
— > Sti 3 fe cS > 

8 3 ~ ^ h3 P ~z 
§ » -a o o g o 



C5 
<M 



1 CO T-H | | 


CO i-H <M I 


CO 


I CO i—l I co 


1 1 i-H 1 


T—l 

1—1 


1 CO 1 1 1 


CM i-H i— 1 1 




HCO I I 1 


T-l 1— 1 I 1 


T—l 


1 O i-i 1 co IS ' 


CO 

CO 


1 CO 1 1 i-( 


1 Ol | I 


T— 1 


|»H | (N 


tH | C<1 | 


OS 

T— 1 


1 t- 1 1 1 


1-1 1 i-H 1 


o 

CO 

gn 


1 CO CO | I 


HOQH I 


35 

T—l 


ICOH I | 


HH II 


-+l 

T— 1 


I CO 1— 1 T—l — I 


CO GN | tH 


'O 



5 'o 



o 

H 



>>> 



XC'YIII 



REPORT OF THE 



Table XVI. — Causes of Fires classified. 



Property. 



Causes of Fire. 



Almshouses, 

Bakers, 

Banks, . 
Barber shops, 



(1) 

(9) 

(2) 
(3) 



(3)1 
(3) 
(3) 
(*) 

f 

(22) 



Barns and private stables, . (257) \ 



Blacksmiths, .... (14) - 

Bleacheries, (2) 

Boarding and lodging houses, . (6) 



Books, stationery and paper 

hangings, . 
Brass finishers, 
Brick kilns, . 
Bridges, 

Candy makers, 



Carriage factories, 

Churches, 

Cider mills, . 

Cigar stores and factories, 

Clothing stores, . 

Club and billiard rooms, 
Coffee and spice mills, 
Comb factory, 

Cooper shops, 

Cork factory, 

Cotton batting, waste houses, jute 
and shoddy mills, . 

Cotton mills, 

Cutlery works, 



U4) -j 



I 

(1) 

(8) 



(2) 
(3){ 

(2)j 
(1) 



(19) 
(13) 
(2){ 



Soot igniting. 

Unknown, 3; defective chimney, 1 ; defective 
oven, 2; fat boiling over, 1 ; kerosene stove 
exploding, 1 ; funnel near woodwork, 1. 

Unknown, 1; spark from fireplace, 1. 

Incendiary, 1 ; oil stove, 1 ; breaking lamp. 1. 

Careless use of matches, 3; children playing 
with matches, 22; defective chimney, 
exposures, 14; firecrackers, 10; incendiary, 
60; volatile oil, ignition of vapor of, 1; 
kerosene oil breakage and explosion, 17; 
lightning, 15; overheated stove, 4; smoking, 
7: spontaneous combustion, 2 ; sparks from 
chimney, 2; sparks from locomotive, 2; 
trailkps, 8; unknown, 86; slaking lime, 1. 

Exposure, 1; unknown, 6; sparks from 
forge, 3; incendiary, 2; lightning, 1; fire- 
crackers, 1. 

Smoking, 1 ; naphtha vapor, 1. 

Unknown, 2; spontaneous combustion oily 
rags. 1 ; smokinsr, 1 ; children playing with 
matches, 1 ; explosion of lamp, 1. 

Spontaneous combustion, 1 ; overheated fire- 
place, 1 ; cigar in wooden spittoon, 1. 

Spark from furnace, 2; unknown, 1. 

Spark from kiln, 1 ; unknown, 2. 

Unknown, 1; sparks from locomotive, 1. 

Careless use of matches, 1; unknown, 1; 
soot igniting, 1 ; overheated oven, 1. 

Unknown, 4; exposures, 10; spontaneous 
combustion, 1 ; sparks from chimney, 1 ; 
sparks from forge, 1 ; incendiary, 1 ; hot 
iron on woodwork, 2; overheated stove, 1; 
plumber's fire pot, 1. 

Curtain near gas, 2 ; fire crackers, 1 ; soot, 2 ; 
overheated stove or furnace, 3; unknown, 
2; defective chimney, 1; exposures, 2; 
spontaneous combustion oily rags, 1. 

Ashes in wooden vessel, 1. 

Incendiary, 1; careless use of matches, 1; 
unknown, 2; breaking lamp, 1; exposure, 
2; defective chimney, 1. 

Careless use of matches, 3 ; unknown, 7 ; 
explosion of lamp, 1 ; kerosene oil stove, 1 ; 
incendiary, 1 ; spontaneous combustion 
oily rags, I ; smoking, 1. 

Sparks from chimney, 1 ; woodwork near 
stove, 1; fireworks, 1; curtain near gas, 1. 

Overheated roaster, 1 ; hot coffee in barrel, 1. 

Unknown, 1 ; defective chimney, 1 ; light- 
ning, 1. 

Sparks from fireplace, 1 ; sparks from chim- 
ney, 1. 

Breaking lamp, 1. 

Unknown, 5; exposure, 2; spontaneous com- 
bustion^; sparks from picker, 3 ; friction, 
4; incendiary, 1. 

Sparks from picker, 2; unknown, 4; sponta- 
neous combustion, 2; lightning, 2; fric- 
tion, 2; careless use of matches, 1. 

Spontaneous combustion, 1 ; starting fire with 
kerosene, 1. 



INSURANCE COMMISSIONER. 



XC1X 



Table XVI. — Causes of Fires classified — Continued. 



Propertt. 



Causes of Fire. 



Dining-rooms, 



Ding stores, . 



Dry and fancy goods stores, 



(4) 



r 



• (HM 



(42)4 

I 
I 

r 



Dwelling-houses, . . (1,085) <[ 



Dye-wood and chemical works, (1) 
Electric light stations, . . (3) 
Engravers, (2) 



Farm buildings, (house and barn 
connected), . 

Fertilizer manufactory, 
Flour and grist mill, . 

Forest fires, .... 

Fruit stores, .... 
Foundries, .... 



Furniture factories, 

Furniture stores, . 
Furriers, 



(59) 

• (1) 

• (1) 

(105) 
. (9) 



(*)) 



r 



(21)-| 
(10) 

(1) 



Careless use of matches, 1 ; overheated steam 
pipe, 1; gas near woodwork, 1; un- 
known, 1. 

Explosion oil stove, 1 ; spontaneous com- 
bustion, 2; volatile oil, vapor of, 1; ex- 
posure, 4; woodwork near lamp, 1; mice 
and matches, 1 ; careless use of matches, 
1; incendiary, 1; unknown, 1; explosion 
of gas, 1. 

Curtains or goods near gas, 1 2 ; unknown, 12 ; 
careless use of matches, 3; explosion of 
lamp, 2; defective chimney, 2; incendiary, 
1 ; mice and matches, 3 ; exposures, 3 ; 
overheated stove, 2 ; electric wires, 1 ; 
smoking, 1. 

Ashes in wooden vessels. 22; careless use of 
matches, 65; children playing with match- 
es, 56 ; curtains and goods exposed to gas 
or candle, 29; cigar stub in wooden spit- 
toon, 3; clothes drying near stove, 15; 
defective chimney, 161; exposure, 70; 
electric wires, 1; firecrackers, 61; fat 
boiling over, 3 ; incendiary, 67 ; ignition of 
volatile oil, 3 ; kerosene oil, breakage or 
explosion, 117; lightning, 15; mice and 
matches. 21 ; overheated stove or furnace, 
44; smoking, 29; spontaneous combustion, 
5; spontaneous combustion oily rags, 11; 
soot igniting, 19; starting fire with kero- 
sene, 2 ; slaking lime, 1 ; sparks from chim- 
ney, 32 ; sparks from locomotive, 3 ; sparks 
from stove or fireplace, 11; thawing water 
pipe, 23 ; woodwork near stove or funnel, 
9; woodwork near gas or candle, 5; fumi- 
gating with sulphur, 2 ; from chestnut 
roaster, 2; unknown, 178. 

Unknown, 1. 

Electric wires, 3. 

Unknown, 1 ; defective chimney, 1. 

Unknown, 25; incendiary, 10; children play- 
ing with matches, 5; sparks from chimney, 
2 ; defective chimney, 7 ; lightning, 3 ; break- 
ing lantern, 4 ; soot, 1 ; sparks" from fire- 
place, 1; spontaneous combustion, 1. 

Unknown, 1. 

Spontaneous combustion, 1. 

Exposure, 20; unknown, 50; incendiary, 9; 
sparks from locomotive, 21; shooting, 3; 
smoking, 2. 

Careless use of matches, 2; breaking lamp, 
2; explosion of lamp, 2; firecrackers, 1; 
soot, 1 ; unknown, 1. 

Overheated oven, 1 ; sparks from locomotive, 
1 ; sparks from cupola, 2. 

Unknown. 8; breaking lamp, 1 ; spontaneous 
combustion oily rags, 4; spontaneous com- 
bustion, 2; careless use of matches, 1; 
woodwork near gas or candle, 2 ; exposure, 
1 ; incendiary, 1 ; defective boiler setting, 1. 

Exposure, 2; careless use of matches, 1; in- 
cendiary, 1 ; smoking, 2 ; spontaneous com- 
bustion oily rags, 2; unknown, 2. 

Unknown, 1. 



EEPORT OF THE 



Table XVI. — Causes of Fires classified — Continued, 



Property. 



Cac8es of Fire. 



Gas works, (1) 

Glue factories, . . . . (3) 

Grain stores and elevators, . . (3) 

Greenhouses, . . . . (2) 



r 



Grocery (including general coun- 
try stores), .... (44) 



Hardware stores, . 

Harness makers, . 
Hat factories, 

Henneries, . 



Hotels, 



Jewelry stores, 

Junk stores, . 
Lampblack factory, 
Laundries, . 

Leather stores, 



Liquor stores, 

Lithographers, 
Livery stables, 

Lumber yards, 

Machine shops, . 

Markets, meat and fish, 
Millinery stores, . 



(5)) 

(2) 
(3) . 

(7) 



(32M 



(8) -; 
i 

I 

(4)) 
(1) 
W | 

(2)j 

f 

(19)-! 

(2) 
[ 
I 
(22) < 

(10) 

(26) 

(10) 
(1) 



Explosion gasoline, 1. 

Unknown, 2; varnish boiling over, 1. 

Exposure, 1 ; unknown, 2. 

Unknown, 2. 

Careless use of matches, 4; overheated stove, 
2 ; sparks from chimney, 1 ; exposure, 3 ; 
unknown, 17 ; incendiary, 3 ; defective chim- 
ney, 1 ; spontaneous combustion, 1 ; break- 
ing lamp, 4 ; lightning, 1 ; explosion of lamp, 
2 ; naphtha vapor, 1 ; mice and matches, 1 ; 
cigar in wooden spittoon, 1 ; thawing water- 
pipe, 14; smoking, 1. 

Unknown, 3; careless use of matches, 1; 
overheated furnace pipe, 1. 

Unknown, 1 ; exposure, 1. 

Unknown, 3. 

Lamp in incubator, 1 ; lamp in brooder, 2; 
unknown, 2 ; exposure, 1 ; overheated stove, 
1. 

Careless use of matches, 6 ; unknown, 8 ; soot 
igniting, 1 ; explosion of lamp, 2; incendi- 
ary, 3; exposure, 4; smoking in bed, 1; 
fat boiling over, 1; sparks from stove, 1; 
spontaneous combustion oily rags, 2 ; de- 
fective chimney, 1 ; stove pipe near wood- 
work, 1 ; firecrackers, 1. 

Ashes in wooden vessel, 1 ; breaking lamp, 1 ; 
exposure, 2; woodwork near gas, 1; mice 
and matches, 1 ; spontaneous combustion, 
1 ; incendiary, 1. 

Fireworks, 1 ; unknown, 2 ; spontaneous com- 
bustion, 1. 

Sparks from furnace, 1. 

Incendiary, 1 ; overheated stove, 2 ; sparks 
from chimney, 1. 

Spontaneous combustion, 1 ; careless use of 
matches, 1. 

Exposure, 3; unknown, 5; kerosene oil stove, 
1 ; careless use of matches, 1 ; breaking 
lamp, 1 ; cigar stub in wooden spittoon, 2 ; 
incendiary, 2 ; overheated stove, 1 ; defective 
chimney,!; thawing water-pipe, I; sparks 
from chimney, 1. 

Unknown, 2. 

Smoking, 2; exposure, 4; unknown, 6; de- 
fective chimney, 2; lightning, 2; explosion 
of lamp, 1 ; incendiary, 2 ; tramps, 1 ; chil- 
dren plaving with matches, 1 ; spontaneous 
combustion, 1. 

Exposure. 4 ; sparks from chimney, 1 ; incen- 
diary, 2; spontaneous combustion, 1; fire- 
works, 1; explosion of gas, 1. 

Sparks from chimney, 3; unknown, 14; hot 
iron on wood, 1 ; spontaneous combustion 
oily rags, 2 ; sparks from stove, 1 ; defec- 
tive boiler setting, 1 ; oil igniting while 
hardening saws, 1; friction, 1; defective 
chimney, 1 ; petroleum oil for fuel, 1. 

Exposure, 1 ; careless use of matches, 2 ; over- 
heated stove, 2; unknown, 4; sparks from 
stove, 1. 

EJectric-light wires, 1. 



INSURANCE COMMISSIONER. 



ci 



Table XVI. — Causes of Fires classified — Continued. 



Property. 



Causes of Fire. 



r 

Offices, (8) -J 

i 

I 
(6)) 

(3)) 
(6) I 

(75 1 

(1) 

(8)) 

(1) 

(8) 
(1) 



Oil stoves 

Paint mills, 

Paint shops, 

Paint stores, .... 

Paper bag and envelope makers, 

Paper mills, 

Photograph rooms, 
Picture-frame makers, 

Printing offices, .... 

Potteries, 

Public buildings, .... 



Railroad depots, cars and car 
sheds, 

Rolling mills, .... 
Rope walks 

Rubber mills, .... 

Saw and planing mills, 

Salt stores, 

School-houses, .... 



r 



(22) 

(1) 
(1) 

(4) 



(23) { 



(1) r 

(10)1 



Sheds and out-buildings, . 


• (17) ■ 


Ship chandlers, . 


• w 


Shoe factories, 


. (39) i 



Overheated stove, 1 ; exposure, 1 ; unknown, 
2 ; smoking, 1 ; defective chimney, 1 ; de- 
fective fireplace, 1 ; spontaneous combus- 
tion, 1. 

Unknown, 2 ; naphtha vapor, 3 ; sparks from 
chimney, 1. 

Unknown, 1 ; spontaneous combustion, 1 ; 
sparks from furnace, 1. 

Incendiary, 2 ; overheated stove, 2 ; sponta- 
neous combustion oily rags, 1 ; ignition of 
volatile oil, 1. 

Careless use of matches, 2; exposure, 2; 
spontaneous combustion, 2 ; varnish boil- 
ing over, 1. 

Exposure, 1. 

Unknown, 6 ; sparks from chimney, 1 ; spon- 
taneous combustion, 1. 

Unknown, 1. 

Spontaneous combustion, 1. 

Unknown, 2 ; soot igniting, 1 ; careless use of 
matches, 1 ; defective chimney, 1 ; sponta- 
neous combustion, 2; exposure, 1. 

Wood near oven, 1. 

Careless use of matches, 1 ; spontaneous 
combustion oily rags, 1 ; unknown, 5 ; 
breaking lamp, 1 ; rays of sun in focus, 1 ; 
woodwork near gas, 2 ; cigar stub in 
wooden spittoon, 1 ; explosion of gas, 1 ; 
exposure, 1. 

Exposure, 1 ; overheated stove, 5 ; sparks 
from locomotive, 3 ; unknown, 4 ; incendi- 
ary, 6; mice and mutches, 2; spontaneous 
combustion, 1. 

Unknown, 1. 

Spontaneous combustion, 1. 

Overheated journal, 1 ; naphtha vapor, 1 ; 
overheated drying room, 1; spontaneous 
combustion, 1. 

Exposure, 1 ; unknown, 8; funnel near wood- 
work, 1; lightning, 1; sparks from chim- 
ney, 1 ; ashes in wooden vessel, 1 ; over- 
heated furnace, 2 ; sparks from chimney, 1 ; 
sparks from boiler fire, 3 ; defective chim- 
ney, 2 ; spontaneous combustion, 1 ; in- 
cendiary, 1. 

Ashes in wooden vessels, 1. 

Mice and matches, 1; careless use of match- 
es, 1; overheated hot-air pipe, 2; unknown, 
3 ; ashes in wooden vessel, 1 ; incendiary, 
1 ; defective chimney, 1. 

Incendiary, 5 ; children playing with matches, 
3 ; unknown, 1 ; ashes in wooden vessel, 1 ; 
careless use of matches, 1 ; explosion oil 
stove, 1 ; fireworks, 1 ; slaking lime, 1 ; 
defective chimney, 1 ; exposure, 2. 

Exposure, 1. 

Unknown, 9; incendiary, 1; overheated 
stove, 2 ; woodwork near gas-jet, 1 ; de- 
fective boiler setting, 1 ; spontaneous com- 
bustion, 3; soot igniting, 1; spark from 
chimney, 1 ; waxer taking fire, 1 ; ashes in 
wooden vessel, 1; boiler fire, 1; expos- 
ure, 17. 



Cll 



REPORT OF THE 



Table XVI. — Causes of Fires classified — Continued. 



Property. 



Causes of Fire. 



Shoe stores (10) 1 

Skating rinks, .... (1)- 
Slaughter-houses, . . . (1) 

Smoke-houses, . . . . (7) < 

Soap makers, . . . . (3) j 
Stone workers, . . . . (3) 



Store-houses, .... (34) 



i 
Stove and tin-ware stores, . . (6) -j 



Straw hat and bonnet factories, . (1) 

r 

Tailors, manufacturing and mer- 
chant, (14) j 

f 

I 

Tanners and curriers, . . . (13) < 

I 

Theatre, (1) 



Unclassed (loss confined to build- 
ings; contents unknown), . (49)' 



Unoccupied, . 

Undertakers, 
Vessels at wharf, . 
Whip factories, . 

Wood and coal yards, 



. (62) \ 



I 



• (1) 
. (10) | 

. 0) 

• (11) j 



Unknown, 3 ; woodwork near gas, 1 ; over- 
heated furnace, 2 ; breaking lamp, 1 ; in- 
cendiary, 2; exposure, 1. 

Incendiary, 1. 

Incendiary, 1. 

Sparks from smoker, 2; unknown, 3; ex- 
posure, 2. 

Unknown, I ; from boiler lire, 1 ; ashes in 
wooden vessel, 1. 

Unknown, 3. 

Unknown, 8 ; incendiary, 7 ; 6moking, 1 ; 
sparks from locomotive, 3; sparks from 
chimney, 2; overheated stove, 3 ; mice and 
matches, 1 ; ashes in wooden vessels, 1 ; 
children playing with matches, 2 ; expos- 
ure, 1 ; soot igniting, 1 ; firecrackers, 2 ; 
spontaneous combustion, 1 ; overheated 
steam pipe, 1. 

Overheated stove, 1 ; naphtha vapor, 1 ; care- 
less use of matches, 1 ; unknown, 1 ; spon- 
taneous combustion, 1; explosion kerosene 
oil stove, 1. 

Coals from sulphur pot, 1. 

Unknown, 6; woodwork near funnel, 1; 
woodwork near gas, 1 ; careless use of 
matches, 2 ; overheated stove, 1 ; sparks 
from stove, 1 ; incendiary, 2. 

Woodwork near stove, 1 ; unknown, 2 ; from 
boiler tire, 3; exposure, 2; overheated 
journal, 1 ; overheated drying room, 1 ; 
sparks from chimney, 1 ; defective chim- 
ney, 1; incendiary, 1. 

Unknown, 1. 

Careless use of matches, 4 ; ashes in wooden 
vessels, 2 ; overheated stove, 1 ; electric 
wires, 2; cigar stub in wooden spittoon, 1; 
spontaneous combustion, 2; exposure, 10; 
unknown, 10; breaking lamp, 1; sparks 
from forge, 1 ; incendiary, 2 ; sparks from 
chimney, 2; firecrackers, 2; fat boiling 
over, 1 ; hot iron on wood, 1 ; plumber's 
tire pot, 1 ; defective chimney, 1 ; over- 
heated steam pipe, 1 ; from boiler fire, 1 ; 
explosion chemicals, 1 ; wax and cement 
boiling over, 1 ; overheated furnace, 1. 

Incendiary, 28 ; unknown, 13 ; exposure, 9 ; 
firecrackers, 4; overheated stove (drying 
plaster), 3; children playing with matches, 
1 ; sparks from locomotive, 1 ; slaking 
lime, 1 ; ashes in wooden vessel, 1 ; light- 
ning, 1. 

Unknown, 1. 

Explosion of lamp, 2 ; smoking, 2 ; careless 
use of matches, 1 ; unknown, 2 ; incen- 
diary, 2; spontaneous combustion, 1. 

Incendiary, 1. 

Tar boiling over, 1 ; unknown, 1 ; sparks 
from locomotive, 6; spontaneous com- 
bustion, 1 ; defective boiler setting, 1 ; 
smoking, 1. 



INSURANCE COMMISSIONER. 



cm 



Table XVI. — Causes of Fires classified — Concluded. 



Property. 



Wood workers (with power; car- 
riage and furniture factories 
not included) 



Wood workers (no power), 



(U) I 



Woollen mills, 
Wool stores, 



(11) 

(8) 
(1) 



Causes of Fire. 



Sparks from stove, 1 ; overheated stove, 1 ; 
overheated journal, 2; unknown, 2; from 
boiler fire, 1; woodwork near funnel, 1; 
incendiary, 2 ; naphtha vapor, 1 ; spontane- 
ous combustion, 1 ; overheated steam 
pipe, 2. 

Unknown, 2; incendiary, 2; sparks from 
stove, 3; sparks from chimney, 1; sparks 
from locomotive, 1; defective chimney, 1; 
breaking lantern, 1. 

Unknown, 4 ; sparks from picker, 1 ; over- 
heated journal, 1; from boiler fire, 1; 
breaking lamp, 1. 

Unknown, 1. 



civ 



KEPORT OF THE 



Table XVII. — Summary of Causes. 



1888. 



1887. 



1886. 



1885. 



1884. 



Unknown, 

Incendiary, 

Defective chimney, 

Exposure, 

Kerosene oil (breakage and explosion), 
Careless use of matches, .... 

Firecrackers, 

Cverheated stove or furnace, ... 
Children playing with matches, . 

Smoking, 

Smoking in bed, 

Sparks from chimney, 

Curtains and goods exposed to gas or candle, 

Lightning, 

Sparks from locomotive 

From fire box (boiler room), 
Spontaneous combustion, oily rags, 
Spontaneous combustion, cause unknown, . 

Mice and matches 

Soot igniting 

Ashes in wooden vessels 

Woodwork near stove or funnel, . 
Woodwork near gas or candle, 

Volatile oil (ignition of) 

Overheated journal 

Fat boiling over, 

Electric wires, 

Sparks from picker, 

Sparks from stove or fireplace, 

Cigar stub in wooden spittoon, 

Clothes drying near stove, .... 

Hot iron on woodwork, .... 

Sparks from forge, 

Thawing water-pipe 

Shooting, 

Explosion of gas, 

Tar boiling over, 

Rags in funnel hole, 

Timber built into chimney 

Overheated steam pipe, .... 

Starting fire with kerosene, .... 

Overheated oven, 

Tramps, 

Sparks from emery wheel, .... 

Plumber's fire pot, 

Slaking lime 

Sparks from kiln (brick), .... 

Explosion of boiler, 

Explosion of dust 



605 

2:Jl 

196 

205 

188 

113 

87 

93 

89 

49 

3 

59 

45 

42 

42 

10 

■11 

51 

31 

29 

34 

18 

16 

21 

13 

6 

8 

6 

26 

9 

15 

4 

5 

27 

2 

5 

1 



7 

4 

5 

10 

4 
5 



2,446 



507 
256 
222 
183 
176 
89 
85 
83 
75 
58 
14 
49 
48 
47 
38 
26 
26 
23 
25 
18 
17 
17 

15 
14 
14 
14 
12 
11 
10 
10 



2,238 



484 

289 

168 

210 

116 

62 

34 

80 

54 

20 

14 

30 

31 

28 

23 

18 

61 

18 

20 

21 

5 

5 

15 

10 

4 

4 

9 

8 

7 

5 

3 

5 

15 

4 

3 

2 

2 

4 

4 

3 

10 

3 

3 
3 
2 
1 

1,920 



278 

158 

204 

114 

48 

16 

68 

61 

32 



60 
10 
8 
14 
11 

10 

13 

7 

3 

2 

12 

7 

1 

2 

12 

3 
4 



1,828 



416 

270 

150 

207 

136 

45 

64 

75 

78 

41 



75 


59 


49 


42 


37 


29 


15 


26 


11 


14 



61 
28 

8 
26 

8 

11 
6 
3 
6 
5 
6 

15 
4 
7 

20 
4 
4 



14 

8 
3 
4 
1 



2,011 



INSUKANCE COMMISSIONER. 



cv 



Table XVIII. — Fires by Months for Eleven Years. 



TEAR. 


08 

3 
S 
as 


>> 
u 
08 

1 


.a 
a 

u 

OS 


< 


>> 

08 

a 


o 

a 

s 


>> 


■ 

a 

< 


h 

9 

.o 

S 

9 

D. 

9 


u 

V 

o 
o 
O 


u 

9 
E 

> 
o 


9 

a 

s 
s 


1878, . 




168 


197 


126 


141 


162 


125 


155 


133 


142 


170 


157 


142 


1879, 






161 


155 


144 


190 


134 


129 


164 


141 


146 


162 


147 


179 


1880, 






108 


143 


137 


147 


116 


133 


157 


155 


124 


173 


144 


185 


1881, 






175 


142 


135 


195 


131 


101 


163 


100 


111 


193 


132 


116 


1882, 






143 


126 


130 


174 


150 


194 


147 


151 


97 


145 


172 


129 


1883,* 






187 


130 


156 


140 


192 


151 


245 


286 


222 


129 


169 


226 


1884, 






191 


137 


117 


117 


163 


219 


268 


130 


138 


178 


158 


195 


1885, 






175 


117 


164 


206 


145 


156 


190 


133 


162 


143 


91 


146 


1886, 






142 


172 


159 


159 


136 


155 


223 


124 


149 


169 


147 


185 


1887, 






161 


138 


170 


180 


324 


161 


251 


146 


134 


202 


179 


192 


1888, 






225 


154 


199 


265 


198 


175 


335 


172 


147 


151 


176 


249 


Total, 


1,836 


1,521 


1,637 


1,914 


1,851 


1,699 


2,298 


1,671 


1,572 


1,815 


1,672 


1,944 


Average, 




167 


138 


149 


174 


168 


154 


209 


152 


143 


165 


152 


177 



* Prior to 1883 no returns were made of M forest fires," and consequently they do not appear 
in the tabulation until that year. They are included each year since, and are as follows: In 
1883, 99;. 1881, 46; 1885,66; 1886, 90; 1887, 127; 1888, 105; thereby increasing the ratio of the 
last-named years over the former ones. 



cvi REPORT OF THE INS. COMMISSIONER. 

Table XIX. — Statement of the Receipts and Expenditures of the 
Insurance Department for the Year ending Dec. 31, 1888. 

[Made pureuant to Chap. 214, Beet. 17, Acta of 1887.] 

Receipts. 



Compensation for valuation of life insurance policies, 
License fees, filing statements, certificates, etc., 



$14,740 31 
27,339 10 



§42,079 41 



Expenditures. 



Commissioner. 










$3,000 00 


Deputy Commissioner. 










2,500 00 


Clerks. 






Fred. L. Cutting, First, 


$2,000 00 




James E. Shepard, Second, 


. . . 


1,500 00 




Philip A. Hartley, 


• 


1,200 00 


4,700 00 


Extra Clerks 






Charlotte E. Weis, . 




$1,000 00 




Afire X. Tenney, . 












823 05 




Mary L. McMann, 












840 00 




Alice M. Hawes, 












1,200 00 




Ella M. Johnson, 












840 00 




Emma W. Cushman, 












1.200 00 




Caroline L. Sawyer, 












819 67 




S. Lizzie Flint, . 












840 00 




Florence E. Gowell, 












805 00 




Mary E. Burrill, . 












680 00 




Alice A. Maguire, 












30 64 




Virginia A. Bryant, 












100 00 










9,178 36 


General Expenditures 






Printing and binding, 




$1,447 83 




Travelling expenses, . 










199 80 




Postage, 




• 






412 35 




Stationery, . 










249 30 




Telegrams and express, 










114 41 




Newspapers, books, etc., 










68 00 




Services of stenographer, 










289 50 








o 781 19 








Total expenditures for 1888, 


$22,159 bb 


Fees collected and paid into State Treasury. . 


. 


42,079 41 


Surplus accrued t 


o Coi 


nmoi 


iwea 


1th, 


• 


$19,919 86 



MASSACHUSETTS MUTUAL 

FIRE INSURANCE COMPANIES. 



Detailed Statement of Assets and Liabilities, with Abstract 

of Annual Statements, for the Year ending 

December 31, 1888. 



MASSACHUSETTS MUTUAL FIRE [Dec. 31, 



DETAILED STATEMENTS OF ASSETS AND LIABILITIES. 



ABINGTON MUTUAL FIRE INSURANCE COMPANY, 

ABINGTON. 

[Incorporated May 30, 1856. Commenced business June 15, 1857.] 

Henry B. Peirce, President. Carlos P. Faunce, Secretary. 



Detailed Statement of Stocks and 



34 shares Metropolitan National Bank, Boston, 

14 

10 

10 

5 
13 
21 
10 

6 



First National Bank, Salem, 
Globe National Bank, Boston, 
State National Bank, Boston, 
Old Boston National Bank, Boston, 
Abington National Bank, Abington, 
First National Bank, Danvers, . 
Hide and Leather Nat'l Bank, Boston 
Bank of the Republic, Boston, . 

Chicago city bonds, . 

Toledo city bonds, 

Omaha city bonds, 

Union Pacific Railroad bonds, . 

Eastern Railroad bonds, . 

Old Colony Railroad bonds, 

Chicago, Burlington and Quincy Railroad bonds 

Fitchburg Railroad bonds, 

14 shares Northern Pacific Railroad, 



Bond-, et< . 

Par value. 

$3,400 00 

1,400 00 

1,000 00 

1,000 00 

500 00 

1,300 00 

1,575 00 

1,000 00 

600 00 

3,000 00 

1,000 00 

3,000 00 

1,000 00 

3,000 00 

3,000 00 

500 00 

2,000 00 

1,400 00 



Market value. 

$3,740 00 

1,820 00 

930 00 

1,350 00 

616 25 

1,638 00 

1,785 oq 

1,220 00 

900 00 

3,565 00 

1,180 00 

3,022 50 

1,135 00 

3,712 50 

3,450 00 

562 50 

2,120 00 

838 25 



$29,675 00 $33,585 00 



Summary of Assets Dec. 31, 1888. 



Loans on mortgage of real estate (first liens), 
Stocks, bonds, etc., as per schedule, . 
Loans on personal security, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Interest due and accrued, .... 
Due on account of real estate sold, . 

Gross assets, 



$42,080 00 
33,585 00 
1,050 00 
954 66 
3,111 04 
2,629 26 
1,176 41 
4,043 00 



$89,529 3< 



1888.] 



INSURANCE COMPANIES. 



Liabilities. 



Unearned premiums on outstanding risks, 


$47,048 


87 




Surplus due on terminated policies, . 


295 


00 




Commissions and brokerage, .... 


423 


48 




Taxes and incidental expenses, 


150 


00 




Gross liabilities, 






$47,917 35 
$41,612 02 






Income. 








Cash premiums received during the year, 






$45,963 05 


Deduct return premiums, 






2,753 30 


Net cash premiums received, .... 


$43,209 75 


Received for interest on mortgages, 






1,824 93 


for interest from all other sources, . 






735 77 


for rents, . . 






130 00 


from all other sources, 






10 60 


Gross cash income, 


$45,911 05 


Expenditures. 








Paid for losses during the year, 






$8,602 35 








12 93 




$8,589 42 


Paid for brokerage and commissions, 






6,877 95 


for salaries and fees of officers and employ* 


3es, 




3,004 76 


for interest on borrowed money, 






22 00 


for State and local taxes, .... 






510 94 








321 00 


for profits or surplus on terminated policies 


i • 




7,445 38 


for incidental expenses, .... 






2,701 83 


Gross cash expenditures, .... 


$29,473 28 


Miscellaneous. 








Amount. 


Cash prems. 


Conting't prems. 


Risks outstanding Dec. 31, 1887, $4,762,982 00 


$75,270 18 


$180,759 14 


Risks written during 1888, . 3,140,795 00 


45,332 


03 


45,332 03 


Total, f7,903,777 00 


$120,602 


21 


$226,091 17 


Risks terminated during 1888, . 1,843,364 00 


26,262 


34 


131,751 30 


In force at end of year, . . $6,060,413 00 


$94,339 87 


$94,339 87 


Deduct amount re-insured, . 14,800 00 


242 


12 


- 


Xet amount in force, . . $6,045,613 00 


$94,097 


75 


$94,339 87 


Losses incurred during the vear, 


i t 


_ 


$8,602 35 


Percentage of profits or surplus returned during 


1888, 25, 


40, ( 


50 per cent. 


Amount of permanent fund, .... 


• 


• 


$3,017 56 



4 MASSACHUSETTS MUTUAL FIRE [Dec. 31, 

ANN1SQUAM MUTUAL INSURANCE COMPANY, 
GLOUCESTER. 

[Incorporated March 1, 1847. Commenced business Dec. 28, 1847.] 

Moses H. Clougii, President. James S. Jewett, Secretary ^ 

[Note. — This company charges a cash premium adequate for expenses only, and relics upon 
assessments on deposit notes to pay losses.] 



Summary of Assets Dec. 31, 1888. 

Loans on mortgage of real estate (first liens), 

United States bonds, 

Loans on personal security, 

Cash in* the office of the company, . 

Cash deposited in savings banks, 

Interest due and accrued, . 

Office safe, $85 00 

Gross assets, 



$3,674 00 


635 00 


379 


14 


263 


84 


2,877 


28 


145 


91 



$7,975 17 



Income. 

Received for interest on mortgages, 

for interest from all other sources, . 
from assessments on deposit notes, . 



Gross cash income, 



: 69 

20 73 

i:;o 7.-. 

35 17 



Expenditures. 
Paid for losses during the year, .... 
for salaries and fees of officers and employees, 

for State and local taxes, 

for rents, 

for expense assessments returned, . 

for incidental expenses, 



Gross cash expenditures, . 



$28 06 

401 00 

2 52 

1 00 

98 98 

5 68 



$537 24 



Miscellaneous 



Risks outstanding Dec. 31, 1887, 
Risks written during 1888, 

Total, 

Risks terminated during 1888, . 

In force at end of year, . 

Losses incurred during the year, 
Amount of permanent fund, 



Amount. 

. $348,592 00 
78,025 00 


Deposit notes. 

$23,793 45 
5,107 00 


. $426,617 00 
59,600 00 


f 28,900 45 
4.f>56 50 


. $367,017 00 


$24,243 95 

|96 06 

217 61 



1888.] 



INSURANCE COMPANIES. 



ARKWRIGHT MUTUAL FIRE INSURANCE COMPANY, 

BOSTON. 

[Incorporated Feb. 8, 1860. Commenced business Oct. 1, I860.] 

Waldo Higginsox, President. Edward H. Sfrague, Secretary. 

Office, 31 Milk Street. 



Detailed Statement of Stocks, 



United States bonds, .... 

Massachusetts State bonds, 

Worcester city bonds, 

Cambridge city bonds, 

Boston city bonds, .... 

Providence city bonds, 

Boston and Albany Railroad bonds, . 

Fitchburg Railroad bonds, 

Old Colony Railroad bonds, 

Boston and Maine Railroad bonds, . 

Boston and Lowell Railroad bonds, . 

Atchison, Topeka and Santa Fe Railroad bonds 

Chicago, Burlington and Quincy R. R. bonds, 

Philadelphia, Wilm. and Baltimore R. R. bonds 

New York, Providence and Boston R. R. bonds 

50 shares Chicago, Burlington and Quincy R.R. 

Corporation note, ..... 



Bonds, etc. 

Par value. 

§25,000 00 
20,000 00 
25,000 00 
15,000 00 
20,000 00 
10,000 00 
33,000 00 
25,000 00 
30,000 00 
25,000 00 
12,000 00 
10,000 00 
30,000 00 
20,000 00 
10,000 00 
5,000 00 
25,000 00 



Market value. 

$31,750 00 
21,800 00 
24,500 00 
15,750 00 
23,900 00 
11,100 00 
36,030 00 
25,850 00 
33,970 00 
27,750 00 
13,320 00 
12,000 00 
31,800 00 
20,800 00 
10,100 00 
5,400 00 
25,000 00 



8340,000 00 §370,820 00 



Summary of Assets Dec 
Stocks, bonds, etc., as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, . 
Interest due and accrued, . 

Gross assets, .... 

Liabilities. 
Losses adjusted, unpaid, .... 

Losses claimed and reported, 

Unearned premiums on outstanding risks, 

j. axes, ....... 

Gross liabilities, 



31, 1888. 

$370,820 00 

1,260 85 

62,703 96 

5,307 08 



§440,091 89 



Surplus, 



75 

700 00 

205,436 14 

743 47 



206,940 36 



Income. 
Cash premiums received during the year, 
Deduct return premiums, .... 



$233,151 53 



§424,062 30 
13,293 13 



Net cash premiums received, . 
Received for interest from all sources, 



$410,769 17 
18,225 55 



Gross cash income, §428,994 72 



6 



MASSACHUSETTS MUTUAL FIRE [Dec. 31 , 



Expenditures. 
Taid for losses during the year, .... 
for salaries and fees of officers and employees, 

for State and local taxes, 

for rents, . 

for profits or surplus on terminated policies, . 
for incidental expenses and inspections, . 

Gross cash expenditures, 



601,44(3 64 

1 o,800 00 

03 08 

925 00 

314,139 13 

5,7 ; - 

1405,056 24 



Miscellaneous. 

Amount. Cash prems. Conting't prems. 

Risks outstanding Dec. 31,1887, $45,378,532 00 $380,655 01 $1,933,275 
Risks written during 1888, . 49,391,092 00 424,0G2 30 2,120,311 



Total, .... $94,769,624 00 $810,717 31 $4,053,586 55 

Risks terminated during 1888, 47,030,368 00 399,845 02 1,999,225 10 



In force at end of year, . . $47,733,256 00 



$410,872 29 §2,054,301 45 



Losses incurred during the year, 

Percentage of profits or surplus returned during 1888, 81 T y ff per cent. 
Average rate to date, 70^% per cent. 



ASHFLELD .MUTUAL FIRE INSURANCE COMPANY, 

ASHFIELD. 

[Incorporated June 4, 1873. Commenced business July 19, 1873.] 

Henry S. Ranney, President. Asa G. Wait, Secretary. 

[Note. — Insures property in the town of Ashfield only.] 

Summary of Assets Dec. 31, 1888. 
Loans on personal security, . . . . S 17 63 

Cash in the office of the company, . . . 39 81 

Cash deposited in savings bank, . . . 504 00 

Gross assets, $621 44 



Income. 
Cash premiums received during the year, 

Gross cash income, .... 



8133 80 
8133 86 



Expenditures. 

Paid for salaries and fees of officers and employees, 
for State and local taxes, 

Gross cash expenditures, 



$4 00 

1 20 

|5 20 



1888.] 



INSURANCE COMPANIES. 



Miscellaneous. 



Risks outstanding Dec. 31, 1887, 
Risks written during 1888, 



Amount. 


Deposit notes. 


35,243 00 


$1,U3 40 


26,762 00 


865 14 



Total, 

Risks terminated during 1888, . 

In force at end of year, . 



|62,005 00 
23,942 00 



$38,063 00 



§2,008 54 
777 41 

$1,231 13 



ATTLEBOROUGH MUTUAL FIRE INSURANCE COMPANY, 

ATTLEBOROUGH. 

[Incorporated Feb. 24, 1844. Commenced business July 1, 1845.] 

Joseph W. Capron, President. Elijah R. Read, Secretary. 



Summary of Assets Dec. 31, 1888. 

Loans on mortgage of real estate (first liens), . $7,200 00 

Attleborough fire district notes, . . . 10,000 00 

Cash in the office of the Company, ... 63 64 

Cash deposited in bank, 5,243 34 

Premiums in course of collection (gross), . 53 90 

Interest due and accrued, 244 70 

Gross assets, 



Liabilities. 
Losses adjusted, unpaid, .... 
Unearned premiums on outstanding risks, 
Gross liabilities, 

Surplus, 

Income. 
Cash premiums received during the year, 
Deduct return premiums, .... 



$50 00 
5,032 54 



Net cash premiums received, .... 
Received for interest on mortgages, 

for interest from all other sources, . 



Gross cash income, 



Expenditures. 
Paid for losses during the year, .... 
for salaries and fees of officers and employees, 

for State and local taxes, 

for incidental expenses, 



$22,805 58 



5,082 54 



$17,723 04 



$1,905 49 
63 23 

$1,842 26 
248 00 
662 69 

$2,752 95 



$707 


00 


404 


00 


16 


64 , 


33 


76 



Gross cash expenditures, 



L,161 40 



MASSACHUSETTS MUTUAL FIRE [Dec. 31, 



Miscellaneous. 

Amount. 

Risks outstanding Dec. 31, 1887, $1,612,444 00 
Risks written during 1888, . 351,650 00 



Total, .... $1,964,094 00 
Risks terminated during 1888, 288,670 00 



In force at end of year, . $1,675,424 00 
Losses incurred during the vear, 



Cash prems. Conting't prems. 

$10,065 08 $20,130 16 
1,968 72 3,785 34 



$12,033 80 $23,915 50 
1,963 26 3,926 42 



$10,070 54 $19,989 08 
$757 00 



BARNSTABLE COUNTY MUTUAL FIRE INSURANCE COMPANY. 

YARMOUTHPORT. 

[Incorporated March 2, 1833. Commenced business Aug. 1, 1833.] 

Joseph R. Hall, President. Frank Thaciier, Secretary. 

Detailed Statement of Stocks, Bonds, etc. 



22 shares Merchandise National Bank, Boston, 
20 
25 
4 



State National Bank, Boston, . 
Tremont National Bank, Boston, 
Massachusetts Nat'l Bank, Boston, 
8 li Shawmut National Bank, Boston, 
15 " Nat'l Bank of Redemption, Boston, 
5 " National Bank of Republic, Boston 
28 " First National Bank, Yarmouth, 
10 " Falmouth Nat'l Bank, Falmouth, 
10 " Suffolk Trust and Inv. Co., Boston, 
50 '• Massachusetts Real Estate Co., 
63 " Old Colony Railroad, 
50 " Union Pacific Railroad, 
10 t; Central Pacific Railroad, . 
60 " Atchison, Topeka and Santa FeR. R. 
15 " National Tube Works, 
Fall River city bonds, 
Sheboj-gan city bonds, 
Union Pacific Railroad bonds, . 
Old Colony Railroad bonds, 
Iowa Falls and Sioux City Railroad bonds, 
Chicago and East Illinois Railroad bonds, 
Oregon Short Line Railroad stock and bonds, 



Par value. 


Market value. 


l, $2,200 00 


$1,965 25 


2,000 00 


2,610 00 


2,500 00 


2,790 62 


1,000 00 


1,081 25 


800 00 


1,240 00 


1.500 00 


2,021 25 


500 00 


750 00 


2,800 00 


3,836 00 


1,000 00 


1,200 00 


1,000 00 


1,000 00 


5,000 00 


5,700 00 


6,300 00 


11,773 00 


5,000 00 


3,206 25 


1,000 00 


352 50 


6,000 00 


3,495 00 


1,500 00 


2,325 00 


1,000 00 


1,200 00 


750 00 


700 00 


12,000 00 


13,520 00 


5,000 00 


5,725 00 


2,000 00 


2,610 00 


2,500 00 


2,970 00 


1,000 00 


1,305 00 


f64,350 00 


$73,376 12 



1888.] 



INSURANCE COMPANIES. 



9 



Summary of Assets Dec. 31, 1888. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens), 
Stocks, bonds, etc., as per schedule, 
Loans on personal security, 
Cash in the office of the company, 
Cash deposited in bank, . 
Interest due or accrued, . 
Gross assets, 



$2,231 69 
19,000 00 
73,376 12 
3,322 00 
1,155 95 
4,663 96 
1,839 00 



5,588 72 



Liabilities. 
Unearned premiums on outstanding risks, 
Taxes due or accrued, .... 
Gross liabilities, 



$50,626 14 
45 73 



50,671 87 



Surplus, $54,916 85 



Income. 

Cash premiums received during the year, 
Received for interest from all sources, . 



$24,819 44 
4,960 00 



Gross cash income, $29,779 44 



Expenditures. 
Paid for losses during the year, 

for salaries and fees of officers and employees, 
for State and local taxes, .... 
for profits or surplus on terminated policies, 
for incidental expenses, .... 

Gross cash expenditures, .... 



$3,080 33 

4,219 00 

230 49 

17,562 56 

457 86 

$25,550 24 



Miscellaneous. 

Amount. Cash prems. Deposit notes. 

Risks outstanding Dec. 31, 1887, $5,989,740 00 $98,985 48 $296,956 44 

Risks written during 1888, . 1,454,525 00 24,220 00 72,660 00 



Total, $7,444,265 00 $123,205 48 $369,616 44 

Risks terminated during 1888, . 1,319,467 00 21,953 21 65,859 63 



In force at end of year, 



1,124,798 00 $101,252 27 $303,756 81 



Losses incurred during the year, $3,080 33 

Percentage of profits or surplus returned during 1888, 80 per cent. 
Average rate to date, 80 per cent. 



10 



MASSACHUSETTS MUTUAL FIRE [Dec. 31, 



BERKSHIRE MUTUAL FIRE INSURANCE COMPANY, 

PITTSFIELD. 

[Incorporated March, 1835. Commenced business August, 1835.] 

Jabez L. Peck, President. J. M. Stevenson, Secretary. 



Detailed Statement of Stocks, 



Western Union Telegraph bonds, 
Baltimore and Ohio Railroad bonds, 
Chicago and Western Indiana Railroad bonds 
St. Paul and Sioux City Railroad bonds, . 

65 shares Boston and Albany Railroad, . 
140 ' 

50 ' 
100 ' 

75 ■ 

15 ■ 
10 ' 
12 

16 ' 



N. Y. Cen. and Hudson River R.R., 
Chicago, Burl, and Quincy R.R., 
Adams Express Company, 
Pittsfield National Bank, 
First National Bank, Adams, . 
Agricultural National Bank, . 
Third National Bank, 
Adams National Bank, . 



Bonds, etc. 

Par value. 

|4,000 00 

2,000 00 
5,000 00 

1,000 00 
6,500 00 

14,000 00 
5,000 00 

10,000 00 
7,500 00 
1,500 00 
1,000 00 
1,200 00 
1,600 00 



Summary of Assets Dec. 31, 1888 

Cash value of unencumbered real estate, 
Stocks, bonds, etc., as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Interest due and accrued, .... 
Rents due and accrued, .... 
Gross assets, 

Liabilities. 

Unearned premiums on outstanding risks, 
Surplus due on terminated policies, 
Commissions and brokerage, . 
Taxes due or accrued, .... 
Gross liabilities, 



Surplus, 



f40,904 22 

907 57 

192 54 

32 13 



Income. 

Cash premiums received during the year, 
Deduct return premiums, .... 



Net cash premiums received, . 
Received for interest from all sources, 
for rents, .... 



Market value. 

14,640 00 

2.160 00 

10 00 

10 00 

13,000 00 

15,120 00 

5,500 00 

14.500 00 

12,375 00 

2,250 00 

10 00 

10 00 

20 00 



300 00 


|88,165 00 


1888. 




$6,000 00 




165 00 




91 03 




3,520 55 




1,700 66 




128 36 




137 50 






ftQJ.74.3 1ft. 



42,036 46 
152,706 64 



$19,716 40 
5 24 

|18,781 16 

3,869 60 

550 00 



Gross cash income, 



$23,200 76 



1888.] 



INSURANCE COMPANIES. 



11 



Expenditures 
Paid for losses during the year, 

for brokerage and commissions, 

for salaries and fees of officers and employees, 

for State and local taxes, . .. 

for rents, 

for profits or surplus on terminated policies, 
for incidental expenses, . 

Gross cash expenditures, . 



$5,893 92" 

1,987 40 

2,092 59 

257 12 

300 00 

7,920 31 
488 62- 

118,939 96 



Miscellaneous. 

Amount. 

Risks outstanding Dec. 31, 1887, §5,661,891 00 
Risks written during 1888, . 1,446,435 00 



Total, .... 
Risks terminated during 1888, 

In force at end of year, 



$7,108,326 00 
1,163,800 00 



Cash prems. 

877,525 94 
19,580 58 

$97,106 52 
15,298 07 



Contine't prems. 

$77,52.-) 94 
19,580 58 

$97, lot; 52 
15,298 i '7 



$5,944,526 00 $81,808 45 $81,80* 45 



Losses incurred during the year, 

Percentage of profits or surplus returned during 1888, 30, 40, 

Average rate to date, 50 per cent. 

Amount of permanent fund, 



$5,893 92 
60 percent. 

146,611 77 



BOSTON MANUFACTURERS MUTUAL FIRE INSURANCE 

COMPANY, BOSTON. 

[Incorporated March 15, 1850. Commenced business April 15, 1850.] 

Edward Atkinson, President. William B. Whiting, Secretary, 

Office, 31 Milk Street. 
Detailed Statement of Stocks, Bonds, etc. 

Par value. Market value - 

Phila., Wilm. and Baltimore R. R. bonds, . $40,000 00 §41,600 00 

Chicago, Burlington and Quincy R. R. bonds, . 100,000 00 99,875 00 

New York Central Railroad bonds, . . . 50,000 00 52,000 00 

Union Pacific Railroad bonds, .... 30,000 00 34,350 00 

Burl, and Mo Railroad in Neb. R. R. bonds, . 30,000 00 34,950 00 

Michigan Central Railroad bonds, . . . 30,000 00 33,375 00 

Kansas City, Lawrence and So. R. R. bonds, . 20,000 00 22,000 00 

Old Colony Railroad bonds, .... 70,000 00 71,500 00- 

Boston and Lowell Railroad bonds, . . . 50,000 00 50,000 00 

West Shore Railroad bonds, .... 50,000 00 51,000 00 

Pennsylvania Company Railroad bonds, . . 30,000 00 32,100 00 

Eastern Railroad bonds, 25,000 00 31,250 00 

Chic , Kansas and Western Railroad bonds, . 25,000 00 21,500 0O 

Southern Kansas Railroad bonds, . . . 25,000 00 23,000 00 

Certificates secured by real estate mortgage, . 25,000 00 25,000 0O 



$600,000 00 $623,500 00 



12 



MASSACHUSETTS MUTUAL FIRE [Dec. 31, 



Summary of Assets Dec 
Stocks, bonds, etc., as per schedule, 
( 'ash in the office of the company, 
( lash deposited in bank, . 
Interest due and accrued, . 
Gross assets, 



31, 1888. 

$623,500 00 

9,180 58 

98,137 03 

9,258 01 



$740,075 62 



Liabilities. 

Lt»<es claimed and reported, . 
Unearned premiums on outstanding risks, 
Taxes due or accrued, .... 
Gross liabilities, 



Surplus, 



$1,152 00 

374,383 13 

1,387 80 



376,922 93 
$363,152 69 



Income. 
Cash premiums received during the year, 
Deduct return premiums, .... 



Net cash premiums received, . 
Received for interest from all sources, 



Gross cash income, 



$772,541 22 
22,628 03 

*749,913 19 
42,691 64 

$792,604 83 



Expenditures. 
Paid for losses during the year, .... 
for salaries and fees of officers and employees, 
for State and local taxes, . 

for rents, 

for profits or surj)lus on terminated 
for inspections, .... 
for incidental expenses, . 

Gross cash expenditures, . 



policies, 



$153,057 36 

24,465 31 

7,330 43 

1,035 00 

541,748 12 

13,784 80 

5,046 40 

$746,467 42 



M ISCELL aneous . 

Amount. Cash prems. Conting't prems. 

Risks outstanding Dec. 31, 1887, $84,874,181 00 $706,398 36 $3,531,991 80 

Risks written during 1888, . 91,127,943 00 772,540 92 3,862,704 60 



Total, .... $176,002,124 00 $1,478,939 28 $7,394,696 40 
Risks terminated during 1888, . 88,400,685 00 730,173 02 3,650,865 10 



In force at end of year, . 



,601,439 00 $748,766 26 $3,743,831 30 



Losses incurred during the year, $154,209 36 

Percentage of profits or surplus returned during 1888, 76 T y 5 per cent. 
Average rate to date, 69^ 5 per cent. 



1888.] 



INSURANCE COMPANIES. 



n 



BRISTOL COUNTY MUTUAL FIRE INSURANCE COMPANY, NEW 

BEDFORD. 

[Incorporated Feb. 29, 1829. Commenced business July 4, 1829.] 

Jonathan Bourne, President. Geo. N. Alden, Secretary. 

[Note. — Policies are all issued for seven years, five per cent, of the premium note being 
received in cash at the time of issuing the policy. The notes are assessed as necessity requires. 
No cash funds are accumulated.] 



Summary of Assets Dec 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Gross assets, 



31, 1888. 



$261 50 
229 41 
231 59 



#722 50 



Liabilities. 

Losses claimed and reported, . 
Due for borrowed money, 
Taxes due or accrued, .... 
Gross liabilities, .... 

Income. 

Cash premiums received during the year, 
Deduct return premiums, 

Net cash premiums received, . 

.Gross cash income, .... 



$400 00 

5,000 00 

5 43 


#5,405 43 

$3,766 49 
149 25 


. 


. 


|3,617 24 



$3,617 24 



Expenditures. 
Paid for losses during the year, 

for brokerage and commissions, 

for salaries and fees of officers and employees, 

for interest on borrowed money, 

for State and local taxes, . 

for incidental expenses, . 

Gross cash expenditures, . 



$5,697 


01 


195 


14 


1,650 


00 


299 


15 


37 


85 


245 


49 



1,124 64 



Miscellaneous. 



Risks outstanding Dec. 31, 1887, 
Risks written during 1888, 

Total, 

Risks terminated during 1888, . 

In force at end of year, 

Losses incurred during the year, 



Amount. Deposit notes. 

$3,777,056 00 $478,381 00 
561,516 00 70,910 00 



$4,338,572 00 $549,291 00 
596,416 00 73,979 00 



$3,742,156 00 $475,312 00 
$6,097 01 



14 



MASSACHUSETTS MUTUAL FIRE [Dec. 31, 



CAMBRIDGE MUTUAL FIRE INSURANCE COMPANY, 

CAMBRIDGE. 

[Incorporated March 13, 1833. Commenced business Jan. 1, 1834.] 

Josiah W. Cook, President. Alfred L. Barbour, Secretary. 



Detailed Statement of Stocks, 



1 share Framingham National Bank, 
10 shares First Ward National Bank, Boston, 
15 " National City Bank, Cambridge, 
10 " Old Colony Railroad, 
30 " West End Horse Railroad, 
Eastern Railroad bonds, . 
Highland Street Railway bonds, 
Marion County (Ind.) bonds, 
Cambridge city bonds, 
Portland city bonds, 
Bangor city bonds, 



Belfast city bonds, 
Toledo city bonds, 
Chicago city bonds, 



Bonds, etc. 

Par value. 

$100 00 
1,000 00 
1,500 00 
1,000 00 
3,000 00 
1,500 00 
4,000 00 
1,000 00 
2,000 00 
10,000 00 
3,000 00 
2,000 00 
2,000 00 
2,000 00 



Market value. 

$150 00 

1,200 00 

2,250 00 

1,700 00 

2,400 00 

1,800 00 

4,400 00 

1,050 00 

2,400 00 

12,200 00 

3,450 00 

2,100 00 

2,050 00 

2,400 00 



$34,100 00 $39,550 00 



Summary of Assets Dec. 31, 1888. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens), 
Stocks, bonds, etc., as per schedule, . 
Loans on personal security, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Interest due and accrued, .... 
Rents due and accrued, .... 
Office furniture, .... f 1,200 00 
Gross assets 



643,938 00 

103,453 00 

39,550 00 

8,300 00 

1,099 21 

2,322 47 

6,996 85 

2,948 85 

44 17 



$208,652 55 



Liabilities. 

Losses adjusted, unpaid, .... 
Unearned premiums on outstanding risks, 
Surplus due on terminated policies, 
Commissions and brokerage, . 
Rents, salaries and incidental expenses, . 
Gross liabilities, ..... 

Surplus, 



$1,200 00 

69,104 14 

2,433 56 

986 72 

650 00 



74.374 42 
$134,278 13 



1888.] 



INSURANCE COMPANIES. 



15 



Income. 

"Cash premiums received during the year, 
Deduct return premiums, .... 



Net cash premiums received, . 

Received for interest on mortgages, 

for interest from all other sources, 
for rents, 



Gross cash income, 



Expenditures. 
Paid for losses during the year, 

for brokerage and commissions, 

for salaries and fees of officers and employees, 

for State and local taxes, .... 

for rents, 

for profits or surplus on terminated policies, 
for incidental expenses, .... 

Gross cash expenditures, .... 



$40,705 


90 


1,377 


73 


$39,328 


17 


5,607 


49 


3,083 80 


530 00 


$48,549 46 


$9,864 72 


4,908 


20 


5,425 


00 


886 


93 


600 


00 


15,346 


89 


1,624 


76 


$38,656 50 



Miscellaneous. 

Amount. 

Risks outstanding Dec. 31, 1887, $8,154,339 00 
Risks written during 1888, . 2,800,636 00 



Total, $10,954,975 00 

T*isks terminated during 1888, . 1,923,235 00 



Cash prems. Conting't prems. 

$124,275 65 $124,275 65 
40,214 42 40,214 42 



$164,490 07 $164,490 07 
26,281 79 26,281 79 



In force at end of year, 



1,031,740 00 $138,208 28 $138,208 28 



•Losses incurred during the year, 

Percentage of profits or surplus returned during 

Amount of permanent fund, . . . . . 



$11,064 72 
1888, 40, 50, 70 per cent. 
$40,000 00 



CITIZENS MUTUAL FIRE INSURANCE COMPANY, BOSTON. 

[Incorporated April, 1846. Commenced business October, 1346.] 

Henky C. Bigelow, President. Joseph W. Peabody, Secretary. 

Office, 8 Exchange Place. 



Detailed Statement of Stocks, Bonds, etc. 

Par value. 

30 shares Hide and Leather National Bank, . $3,000 00 

10 " Farmington National Bank, . . 1,000 00 

15 " Natick National Bank, . . . 1,500 00 

Butchers' Slaughtering and Melt'gAss'n bonds, 4,000 00 



Market value. 

$3,660 00 
1,000 00 
2,100 00 
4,000 00 



$9,500 00 $10,760 00 



16 



MASSACHUSETTS MUTUAL FIRE [Dec. 31, 



Securities held as collateral for cash loans : — 



South Florida Railroad bonds, . 

20 shares American Bell Telephone Co., 
5 " Atch., Top. and Santa Fe R.R., 

25 u West End Land Company, 
150 " East Boston Company, 

25 " Atch., Top. and Santa Fe R.R., 
100 " West End Land Company, 
Kansas City, M. and B. Railroad, 
Mortgage note, .... 
Wisconsin Central Railroad bond, 
43 shares Natick National Bank, 
Savings bank book, . 
Corporation notes, . 



Market value. Loaned thereon. 

$6,000 00 >j000 00 



5,835 00 "> 00 



5,850 00 

600 00 
3,440 00 
6,020 00 

415 00 
25,000 00 



5,000 00 

00 

3,000 00 

5 00 

WO 00 

15,000 00 



$53,160 00 $39,805 00 



Summary of Assets Dec. 31, 1888. 



Cash value of unencumbered real estate, 
Loan on mortgage of real estate (first liens), 
Stocks, bonds, etc., as per schedule, 
Loans on collateral security, as per schedule, 
Loans on personal security, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Interest due and accrued, .... 
Gross assets, 



£20,275 00 

196,750 00 

10,760 00 

39,805 00 

38,337 44 

947 17 

18,505 58 

2,340 84 

3,491 90 



f331,212 93 



Liabilities. 
Unearned premiums on outstanding risks, 
Surplus due on terminated policies, 
Commissions and brokerage, . 

Gross liabilities, .... 

Surplus, 



$156,189 33 

1,542 42 

325 67 



57 42 



$173,155 51 



Income. 

Cash premiums received during the year, 
Deduct return premiums, .... 



Net cash premiums received, . 

Received for interest on mortgages, 

for interest from all other sources, 
for rents, 



"•"» 77 

v, 27 

£82,199 50 

10,772 08 

5,019 21 

35 00 



Gross cash income, $98,375 79 



1888.] 



INSURANCE COMPANIES. 



17 



Expenditures. 

Paid for losses during the year, .... 
for brokerage and commissions, 
for salaries and fees of officers and employees, 

for State and local taxes, 

for rents, 

for profits or surplus on terminated policies, . 
for incidental expenses, 

Gross cash expenditures, 



$14,945 12 

12,271 77 

7,174 00 

1,387 79 

800 00 

42,321 52 

2,718 29 

$81,618 49 



Miscellaneous. 

Amount. 

Risks outstanding Dec. 31,1887, $22,458,201 00 



Risks written during 1888, 

Total, 
Risks terminated during 1888, 

In force at end of year, . 
Deduct amount re-insured, 

Net amount in force, 



6,324,239 00 

,782,440 00 
5,821,053 00 



22,961,387 00 
9,250 00 



Cash prems. 

$304,645 54 
84,244 91 

$388,890 45 
76,871 60 

$312,018 85 
359 82 



Conting't prems. 

$305,005 36 
84,244 91 

$389,250 27 
76,871 60 

$312,378 67 
359 82 



$22,952,137 00 $311,659 03 $312,018 85 



Losses incurred during the year, $13,626 38 

Percentage of profits or surplus returned during 1888, 40 and 60 per cent. 



COHASSET MUTUAL FIRE INSURANCE COMPANY, 

COHASSET. 

[Incorporated March, 1845. Commenced business March, 1846.] 

Louis N. Lincoln, President. J. Q. A. Lothkop, Secretary. 



Detailed Statement of Stocks. 

Tar value. 

9 shares City National Bank, Boston, . . $900 00 

3 " Merchants 1 National Bank, Boston, . 300 00 



Market value. 

$954 00 
435 00 



$1,200 00 $1,389 00 



SUMMAEY OF ASSETS DEC. 31, 1888. 



Stocks, as per schedule, 
Cash deposited in bank, 
Interest accrued, 
Office furniture, 
Gross assets, 



$1,389 00 

312 81 

13 50 



$125 00 



$1,715 31 



18 



MASSACHUSETTS MUTUAL TIRE [Dec. 31 



Liabilities. 

Unearned premiums on oustantling risks, 
Gross liabilities, .... 



Balance against the company, 



82,59.3 82 



$2,595 82 
8880 51 



Income. 

Cash premiums received during the year, 
Received for interest from all sources, . 



Gross cash income, 



$1,056 96 
70 65 



$1,127 61 



Expenditures. 



Paid for losses during the year, 

for brokerage and commissions, 
for salaries and fees of officers and 
for interest on borrowed money, 
for State and local taxes, . 

for rents, 

for profits or surplus on terminated 
for incidental expenses, . 
for borrowed money, 

Gross cash expenditures, . 



employees 



policies, 



f 300 00 



$65 


00 


55 


63 


326 


50 


15 


09 


10 


57 


60 00 


292 83 


4 88 



$830 50 



Miscellaneous. 



Risks oustanding Dec. 31, 1887, 
Risks written during 1888, 

Total, 

Risks terminated during 1888, . 

In force at end of year, 



Amount. 

§372,813 00 
66,590 00 



$439,403 00 
78,522 00 



Cash prems. 

f 5,374 16 

1,031 13 



$0,405 29 
1,213 (35 



Deposit notes. 

$16,122 48 
3,093 39 

$19,215 87 
3,640 95 



$360,881 00 .191 64 $15,574 92 



Percentage of profits or .surplus returned during 1888, 10, 15, 25 per cent. 



1888.] 



INSURANCE COMPANIES. 



19 



COTTON AND WOOLEN MANUFACTURERS MUTUAL INSURANCE 
COMPANY OF NEW ENGLAND, BOSTON. 

[Incorporated Oct. 19, 1875. Commenced business Oct. 20, 1875.] 

Charles A. Stevens, President. B. F. Taft, Secretary. 

Office, 31 Milk Street. 



Detailed Statement of 



Fitchburg Railroad bonds, 

Cheshire Railroad bonds, .... 

Burlington and Missouri River R. R. bonds, 

Chicago, Burlington and Quincy R. R. bonds, 

Boston and Lowell Railroad bonds, . 

Atchison, Topeka and Santa Fe R. R. bonds, 

Metropolitan Railroad bonds, . 

Maine Central Railroad bonds, 

Portland and Ogdensburg Railroad bonds, 

Boston city bonds, 

Corporation notes, 



Bonds. 

Par value. 

$16,000 00 
10,000 00 

2,000 00 
10,000 00 
10,000 00 
10,000 00 
11,000 00 
11,000 00 
10,000 00 

2,000 00 
20,000 00 



Market value. 

$16,534 66 
11,030 00 

2,267 60 
10,333 34 
10,133 33 

8,466 67 
11,697 m 
11,247 50 
10,583 34 

2,080 00 
20,000 00 



$112,000 00 §114,374 10 



Summary of Assets Dec 

Bonds, etc., as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Gross assets, 



31, 1888. 

1114,374 10 

494 89 

9,168 93 

898 23 



$124,936 15 



Liabilities. 

Losses claimed and reported, .... $13,500 00 

Unearned premiums on outstanding risks, . 76,407 38 

Taxes due or accrued, 319 83 

Gross liabilities, 



90,227 21 



Surplus, $34,708 94 



Income. 

Cash premiums received during the year, 
Deduct return premiums, . 

Net cash premiums received, . 
Received for interest from all sources, 
Received from inspections, 

Gross cash income, . 



$158,764 01 
5,949 24 



$152,814 77 
5,561 91 
1,629 95 

$160,006 63 



20 



MASSACHUSETTS MUTUAL FIRE [Dec. 31, 



Expenditures. 
Paid for losses during the year, .... 
for salaries and fees of officers and employees, 

for State and local taxes, 

for rents, 

for profits or surplus on terminated policies, . 
for incidental expenses, 



?42,132 62 

H 35 

1,512 53 

485 40 

-4 94 

7,881 25 



Gross cash expenditures, $136,131 09 

Miscellaneous. 

Amount. Cash prems. Conting't prems. 

Risks outstanding Dec. 31,1887,813,608,029 00 $140,848 33 §704,241 05 

Risks written during 1888, 15,822,016 00 159,931 59 799,657 95 



Total, .... $29,491,245 00 $300,779 92 $1,503,899 60 

Risks terminated during 1888, 14,285,307 00 147,965 15 5 75 



In force at end of year, . 615,205,938 00 §152,814 77 8701,073 85 

Losses incurred during the year, ",632 62 

Percentage of profits or surplus returned during 1888, 6.0 per cent. 

Amount of permanent fund, $1,459 51 



DEDHAM MUTUAL FIRE INSURANCE COMPANY, DEDHAM. 

[Incorporated Feb. 22, 1838. Commenced business July 1, 1838.] 

George B. Faunce, President. Elijah Howe, Jr., Secretary. 



Detailed Statement of Stocks, Bonds, etc. 

Par value. Market value. 

United States bonds, $6,000 00 $6,420 00 

Washington County (111.) bonds, . . . 5,000 00 5,000 00 

Cincinnati city bonds, 6,000 00 7,500 00 

Marquette and Ontonagon Railroad bonds, . 8,000 00 8,640 00 

Philadelphia and Reading Railroad bonds, . 5,000 00 5,500 00 

Old Colony Railroad bonds, .... 2,000 00 2.240 00 

Union Pacific Railroad bonds, ... 16,000 00 16,740 00 

Kansas City and Council Bluffs R. R. bonds. . 2.000 00 2,240 00 

Atchison, Topeka and Santa Fe R. R. bonds 10,000 00 9,790 00 

Wichita and South-western Railroad bonds, . 3,000 00 3,270 00 

New England Mortgage Security bonds,. . 8,000 00 7,600 00 

12 shares Dedham National Bank, . . . 1,200 00 1,380 00 

20 " Dedham Water Company, . . 2,000 00 2,000 00 

50 " Atch., Topeka and Santa Ve R. R., . 5,000 00 00 



§79,200 00 $81,070 00 



1888.] 



INSURANCE COMPANIES. 



21 



Summary of Assets Dec. 31, 1888. 



Loans on mortgage of real estate (first liens), 
Stocks, bonds, etc., as per schedule, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Interest due and accrued, .... 
Gross assets, 

Liabilities. 

Losses adjusted, unpaid, .... 
Unearned premiums on outstanding risks, 
Return premiums on cancelled policies, . 
Surplus due on terminated policies, . 
Commissions and brokerage, . 

Salaries, 

Gross liabilities, 



Surplus, 



$16,950 00 

81,070 00 

7,78-4 40 

1,158 57 

1,902 39 



8650 00 

20,618 31 

62 85 

970 32 

173 78 

375 00 



$108,865 36 



22,850 26 



,015 10 



Income. 

Cash premiums received during the year, 
Deduct return premiums, .... 

Net cash premiums received, . 
Received for interest on mortgages, 

for interest from all other sources, 

Gross cash income, .... 



Expenditures. 
Paid for losses during the year, 

for brokerage and commissions, 

for salaries and fees of officers and employees 

for State and local taxes, .... 

for rents, 

for profits or surplus on terminated policies, 
for incidental expenses, .... 



Gross cash expenditures, . 



$15,019 73 
324 23 



$14,695 50 


1,051 


17 


5,362 41 


§21,109 


08 


$3,123 85 


2,190 


49 


1,790 50 


195 


13 


100 00 


5,071 


13 


401 


78 



$12,872 88 



Miscellaneous. 

Amount. 

Risks outstanding Dec. 31, 1887, $2,388,146 00 
Risks written during 1888, . 986,251 00 



Total, $3,374,397 00 

Risks terminated during 1888, . 802,435 00 



In force at end of year, . 
Losses incurred during the year, 



Cash prems. 

$38,495 92 
14,792 04 

$53,287 96 
12,051 34 



Conting't prems. 

$76,721 40 
14,615 48 

$91,336 88 
50,239 66 



!,571,962 00 $41,236 62 $41,097 22 
£3,773 85 



Percentage of profits or surplus returned during 1888, 33^ to 60 per cent. 



22 



MASSACHUSETTS MUTUAL FIRE [Dec. 31, 



DORCHESTER MUTUAL FIRE INSURANCE COMPANY, 

BOSTON. 

[Incorporated February, 1855. Commenced business July 2, 1855.] 

Edmund J. Baker, President. Thomas F. Temple, Secretary 

Office, Neponset. 



Detailed Statement of Stocks, 



Fitehburg Railroad bonds, 

Boston and Lowell Railroad bonds, . 

Old Colony Railroad bonds, 

Chicago, Burlington and Quincy R. R. bonds, 

Detroit, L. and Northern Railroad bonds, 

South Boston Horse Railroad bonds, 

Metropolitan Horse Railroad bonds, 

Cambridge Horse Railroad bonds, . 

243 shares Boston and Albany Railroad, . 

273 

56 

50 

50 

50 

56 

20 

20 

12 

10 

30 

33 

.5 

10 

10 



Old Colony Railroad, 
Boston and Lowell Railroad, . 
Boston and Maine Railroad, . 
Boston Lead Company, . 
Boston National Bank, . 
Blue Hill National Bank, 
Howard National Bank, . 
Continental National Bank, . 
Hide and Leather National Bank, 
New England National Bank, 
Columbian National Bank, 
State National Bank, 
Granite National Bank, . 
Mt. Wollaston National Bank, 
Weymouth National Bank, 



Bonds, etc. 

Par value. 

$32,000 00 
5,000 00 
6,000 00 
10,000 00 
2,000 00 
5,000 00 
5,000 00 
6,000 00 
24,300 00 
27,300 00 
5,600 00 
5,000 00 
5,000 00 
5,000 00 
5,600 00 
2,000 00 
2,000 00 
1,200 00 
1,000 00 
3,000 00 
3,300 00 
500 00 
1,000 00 
1,000 00 



Market value. 

$32,843 26 

5,600 00 

6,780 00 

10,000 00 

2,432 61 

5,432 00 

5,765 83 

6,260 00 

49,086 00 

46,956 00 

8,736 00 

8,900 00 

7,500 00 

6,100 00 

5,824 00 

2,180 00 

2,400 00 

1,464 00 

1,620 00 

30 00 

'0 00 

650 00 

1,400 00 

1,200 00 



8163,800 00 $227,199 70 



Summary of Assets Dec. 31, 1888. 

Cash value of unencumbered real estate, . 8-2,000 00 

Loans on mortgage of real estate (first liens), 25,763 41 

Stocks, bonds, etc., as per schedule . . . 227,199 70 

Cash deposited in bank, 28,441 91 

Premiums in course of collection (gross), . 8,684 66 

Interest due and accrued, 3,330 22 

Gross assets, §3! 5,419 90 

Liabilities. 

Unearned premiums on outstanding risks, . §142,585 75 

Gross liabilities, 142,585 75 



Surplus, §172,834 15 



1888.] 



INSURANCE COMPANIES. 



23 



Income. 

Cash premiums received during the year, 
Deduct return premiums, .... 

Net cash premiums received, . 

Received for interest on mortgages, 

for interest from all other sources, 

for rents, 

from all other sources : Restitution, 
from profit on securities sold, . 

Gross cash income, .... 



$90,087 59 
2,563 04 

$87,524 55 

1,580 00 

10,880 38 

675 00 

400 00 

1,158 48 

§102,218 41 



Expenditures. 

Paid for losses during the year, 

for brokerage and commissions, 
for salaries and fees of officers and employees, 
for State and local taxes, .... 
for profits or surplus on terminated policies, 
for incidental expenses, .... 

Gross cash expenditures, .... 



$30,935 50 

14,633 80 

5,256 00 

1,852 23 

21,361 92 

3,322 50 

$77,361 95 



Miscellaneous. 

. Amount. 

Risks outstanding Dec. 31,1887, $15,544,610 00 
Risks written during 1888, . 6,111,458 00 



Total, .... $21,656,068 00 

Risks terminated during 1888, . 4,309,991 00 



Cash prems. 

$255,075 25 
91,536 60 

$346,611 85 
61,440 34 



Deposit notes. 

$255,075 25 
91,536 60 

$346,611 85 
61,440 34 



In force at end of year, 



$17,346,077 00 $285,171 51 $285,171 51 



Losses incurred during the year, $28,435 00 

Percentage of profits or surplus ret'd during 1888, 20, 40, 60 per cent. 

Average rate to date, 40 per cent. 

Amount of permanent fund, $100,000 00 



ESSEX MUTUAL FIRE INSURANCE COMPANY, SALEM. 

[Incorporated 1829. Commenced business 1829.] 

David Moore, President. Charles S. Nichols, Secretary. 



Detailed Statement of Stocks, Bonds, etc. 

Par value. Market value. 

$2,000 00 §2,160 00 

1,600 00 2,440 00 

1,400 00 1,820 00 

330 00 429 00 



20 shares Salem Gaslight Company, 
16 " Lynn Gaslight Company, . 
14 " Salem National Bank, 
11 " Asiatic National Bank, 



24 



MASSACHUSETTS MUTUAL FIRE [Dec. 31, 



Toledo city bonds, 

Chicago city bonds, . 

Cincinnati city bonds, 

Springfield city bonds, 

Cleveland city bonds, 

Newburyport city bonds, 

Brooklyn city bonds, 

St. Louis city bonds, . 

Concord city bonds, . 

Medford town bonds, 

Hyde Park town bonds, 

St. Louis county bonds, 

Eastern Railroad bonds, 

Northern Pacific Railroad bonds, 

Old Colony Railroad bonds, 

Michigan Central Railroad bonds, 

Chicago, Burl, and Quincy Railroad bout 

Boston and Lowell Railroad bonds, . 

American Investment Company bonds, 



Tar value. 

01,000 00 
2,000 00 
1,000 00 

1,000 00 
2,000 00 
1,000 00 
1,000 00 
1*000 00 
1,000 00 
1,000 00 
l.oi)0 00 
1,000 00 
2,000 00 
2,000 00 
2,000 00 
1,000 00 
2,(>00 00 
1,000 00 
1,500 00 



Market value. 

SI. 030 00 
2,100 00 
1,300 00 
1,330 00 
2,180 00 
1,020 00 
1,200 00 
1,120 00 
1,0C0 00 
1,020 0.J 
1,160 00 
1,120 00 
2,440 00 
2,300 00 
2,250 00 
1,040 00 
2,310 00 
1,080 00 
1.500 00 



,830 00 .,409 00 



Summary ok Assets Dec. 31, 1888. 

Loans on mortgage of real estate (first liens), $19,400 00 

Stocks, bonds, etc., as per schedule, . . . 35,409 00 

Cash in the office of the company, . . . 210 39 

Cash deposited in bank, 300 00 

Premiums in course of collection (gross), . 402 25 

Interest due and accrued, 1,221 49 

Gross assets, 



Liabilities. 

Losses adjusted, unpaid, .... 
Unearned premiums on outstanding risks, 
Surplus due on terminated policies, 
Commissions and brokerage, . 
Salaries and incidental expenses, 

Gross liabilities, .... 



Surplus, 



§1 00 

7,937 88 

423 91 

48 00 
270 91 



§56,943 13 



8,681 70 



Income. 



Cash premiums received duriug the year, 
Deduct return premiums, .... 



Net cash premiums received, . 
Received for interest on mortgages, 

for interest from all other sources, 

Gross cash income, .... 




848,261 43 



84,198 68 
118 90 

84,079 78 
1,093 30 
1,962 80 

?7 : 135 88 



1888.] 



INSURANCE COMPANIES, 



25 



Expenditures. 

Paid for losses during the year, 

for brokerage and commissions, 

for salaries and fees of officers and employees, 

for State and local taxes, . 

for rents, 

for profits or surplus on terminated policies, 
for incidental expenses, . 

Gross cash expenditures, . 







$87 


84 






96 


94 


s, 




916 


66 






37 


25 






150 


00 






3,001 


98 






37 


13 






$4,327 


80 



Miscellaneous. 

Amount. 

Risks outstanding Dec. 31, 1887, $ 786,700 00 
Risks written during 1888, . 199,100 00 



In force at end of year, 



Total, $985,800 00 

Risks terminated during 1888, . 204,550 00 



Cash prems. 

$15,445 39 
4,142 12 

$19,587 51 
3,711 75 



$781,250 00 $15,875 76 



Deposit notes. 

$46,336 17 
9,745 36 

$56,081 53 
40,205 77 

$15,875 76 



Losses incurred during the year, 

Percentage of profits or surplus returned during 1888, 75 per cent. 
Average rate to date, 60 per cent. 



$88 84 



FALL RIVER MANUFACTURERS MUTUAL INSURANCE COMPANY, 

FALL RIVER. 

[Incorporated Feb. 17, 1870. Commenced business May 1, 1870.] 

Thomas J. Borden, President. Charles S. Waring, Secretary. 



Old Colony Railroad bonds, 
Fitchburg Railroad bonds, 
Chicago, Burlington and Quincy R. 
Boston and Albany Railroad bonds, 
Boston and Lowell R. R. bonds, 
Chicago, Kansas and Western R. R 
Fall River city bonds, 
Worcester city bonds, 
Lawrence city bonds, 
Boston city bonds, 
Taunton city bonds, . 
Corporation notes, 



ment of Bonds, etc. 






Tar value. 


Market value. 


. 


$10,000 00 


$11,350 00 


. 


10,000 00 


9,400 00 


B. bonds, 


15,000 00 


13,725 00 


. , 


8,000 00 


8,720 00 


. 


20,000 00 


19,900 00 


bonds, 


10,000 00 


8,600 00 


. 


6,000 00 


7,590 00 


. 


1,000 00 


1,065 00 


. 


5,000 00 


5,525 00 


. 


x5,000 00 


5,550 00 


. 


10,000 00 


10,700 00 


. 


87,000 00 


87,000 00 



$187,000 00 $189,125 00 



26 



MASSACHUSETTS MUTUAL FIRE [Dec. 31, 



Summary of Assets Dec 
Bonds, etc., as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 

Interest accrued, 

Gross assets, 



31, 1888. 

$189,125 00 

190 42 

41,104 17 

400 76 

2,083 75 



8232,964 10 



Liabilities. 

Losses claimed and reported, . 
Unearned premiums on outstanding risks, 

Taxes, 

Gross liabilities, 



Surplus, 



) 37 

110,829 40 

442 93 



111,302 70 



§121,661 40 



Income. 
Cash premiums received during the year, 
Deduct return premiums, .... 

Xet cash premiums received, . 
Received for interest from all sources, 

Gross cash income, .... 



1227,625 93 

5,117 24 

.',408 69 
10,754 23 

8233,162 92 



Expenditures. 
Paid for losses during the year, .... 
for salaries and fees of officers and emploj-ees, 
for State and local taxes, .... 

for rents, 

for profits or surplus on terminated policies, 
for incidental expenses, .... 

Gross cash expenditures, .... 



>,817 04 

7.122 46 

2,174 68 

449 71 

170,486 51 

4,627 38 

|221,677 78 



Miscellaneous. 

Amount. Cash prems. Conting't prems. 

Risks outstanding Dec. 31,1887, §22,033,546 00 8208,681 37 81,043,406 85 

Risks written during 1888, . 23,686,967 00 228,527 12 1,142,635 60 



Total, $45,720,513 00 $437,208 49 82,186,042 45 

Risks terminated during 1888, . 22,630,775 00 215,549 70 1,077,748 50 



In force at end of vear. 



. $23,089,738 00 £221,658 79 §1,108,293 95 



Losses incurred during the year, 6,386 42 

Percentage of profits or surplus returned during 1888, 81^ per cent. 
Average rate to date, 65^ per cent. 



1888.] 



INSURANCE COMPANIES. 



27 



FITCHBURG MUTUAL FIRE INSURANCE COMPANY, FITCHBURG. 

[Incorporated March 23, 1847. Commenced business Sept. 1, 1847.] 

Am as a Norcross, President. Edward P. Downe, Secretary. 



Detailed Statement of Stocks, 

Boston and Albany Railroad bonds, 
Old Colony Railroad bonds, 
Cheshire Railroad bonds, .... 
Fitchburg Railroad bonds, 
Maine Central Railroad Company bonds, 
Minnesota Thresher Manufacturing Co. bonds 
Kansas Investment Company bonds, 
C. N. Nelson Lumber Company bonds, . 
3 shares Fitchburg National Bank, 

20 ' 

15 
100 ' 

20 ' 

10 ' 
227 ' 



Rollstone National Bank, 
Springfield S. D. and T. Company, 
Ashburnham National Bank, . 
Old Colony Railroad, 
Fitchburg Railroad, 
Minnesota Thresher Manu'fg Co., 



Bonds, etc. 

Par value. 

$4,000 00 

5,000 00 

9,000 00 

5.000 00 

5,000 00 

24,000 00 

10,000 00 

5,000 00 

300 00 

2,000 00 

1,500 00 

10,000 00 

2,000 00 

1,000 00 

11,350 00 



Market value. 

$4,380 00 

5,068 21 

9,900 00 

5,037 50 

5,062 00 

24,000 00 

10,000 00 

5,000 00 

450 00 

3,000 00 

1,500 00 

10,000 00 

3,435 00 

780 00 

11,350 00 



Securities held as collateral for cash loans : - 

10 shares Atchison, Topeka and Santa Fe R.R., 
80 " Simonds Manufacturing Company, . 
Savings bank book, 



Summary of Assets Dec 

Cash value of unencumbered real estate, 

Loans on mortgage of real estate (first liens) 

Stocks, bonds, etc, as per schedule, 

Loans on collateral security, as per schedule, 

Loans on personal security, 

Cash in the office of the company, . 

Cash deposited in bank, .... 

Premiums in course of collection (gross), 

Interest due and accrued, 

. Gross assets, 

Liabilities. 

Unearned premiums on outstanding risks, 
Surplus due on terminated policies, 
Rents, salaries and incidental expenses, . 
Gross liabilities, .... 

Surplus, . . . • . 



)5,150 00 $98,962 71 



Market value. Loaned thereon. 



$ 580 00 
8,000 00 
1,040 40 



§400 00 

6,200 00 

700 00 



),620 40 $7,300 00 



31, 1888. 

$1,955 00 

78,030 00 

98,962 71 

7,300 00 

32,573 00 

1,098 01 

11,426 02 

8,952 25 

3,363 97 



$128,837 44 

3,438 00 

957 95 



$243,660 96 



133,233 39 
$110,427 57 



28 



MASSACHUSETTS MUTUAL FIRE [Dec. 81. 



Income. 

Cash premiums received, £98,025 88 

Received for interest from all sources, '5 70 



Gross cash income, §107,021 64 



Expenditures . 
Paid for losses during the year, 

for brokerage and commissions, 

for salaries and fees of officers and employees 

for State and local taxes, .... 

for rents, 

for profits or surplus on terminated policies, 
for incidental expenses, .... 

Gross cash expenditures, .... 



Miscellaneous. 

Amount. Cash prems. 

Risks outstanding Dec. 31, 1887, $15,774,157 00 |250,428 48 

Risks written during 1887, . 6,288,781 00 97,252 06 



Total, .... $22,062,938 00 §347,680 54 

Risks terminated during 1888, 5,755,003 00 90,005 00 



In force at end of year, 



,439 95 

14,103 08 
."..151 97 

. 891 78 
700 00 

33,703 94 
4,251 20 

$94,601 92 



Deposit notes. 

'.428 48 
97,252 06 

$347,680 54 

90,005 66 



,307,275 00 §257,074 88 | 



Losses incurred during the year, |30,005 56 

Percentage of profits or surplus ret"d during 1888, 20, 40, 50 per cent. 



FRANKLIN MUTUAL FIRE INSURANCE COMPANY, 
GREENFIELD. 

[Incorporated Feb. 11, 1828. Commenced business Sept. 29, 1829.] 

James S. Grinnell, President. Gorham D. Williams, Secretary. 

Detailed Statement of Stocks and Bonds. 

Vermont and Massachusetts Railroad bonds, . 
50 shares Greenfield Gas Light Company, 
17 " Shelburne Falls National Bank, 
6 " Franklin County National Bank, 



Par value. 


Market value. 


$11,000 00 


812,100 00 


2,500 00 


2,250 00 


1,700 00 


1,530 00 


600 00 


600 00 


§ 15,800 00 


§10,480 00 



Summary of Assets Dec. 31, 1888. 

Loans on mortgages of real estate (first liens), $3,600 00 

Stocks and bonds, as per schedule, . . . 16,480 00 

Loans on personal security, .... 270 31 



1888.] 



INSURANCE COMPANIES. 



29 



Cash in the office of the company, . 

Deposited in bank, 

Premiums in course of collection (gross), 
Interest due and accrued, ..... 
Office furniture, etc., .... f 500 00 
Gross assets, 

Liabilities. 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Surplus due on terminated policies, . 
Commissions and brokerage, . 
Rents, salaries and incidental expenses, . 
Gross liabilities, 



Surplus, 



Income. 
Cash premiums received during the year, 
Deduct return premiums, .... 

Net cash premiums received, . 
Received for interest on mortgages, 

for interest from all other sources, 

Gross cash income, .... 



$177 


79 






2,674 


65 






1,585 


35 






365 


00 










$25,153 


10 



$50 00 

12,477 39 

91 79 

181 06 

244 33 



13,044 57 



$12,108 53 

$6,518 37 

493 56 


$6,024 81 

70 75 

741 00 



,836 56 



Expenditures. 
Paid for losses during the year, .... 
for brokerage and commissions, 
for salaries and fees of officers and employees, 

for State and local taxes, 

for rents, 

for profits or surplus on terminated policies, . 
for incidental expenses, 

Gross cash expenditures, 



$1,258 03 


941 


31 


675 


00 


54 


13 


150 00 


833 


55 


213 07 



§4,125 09 



Miscellaneous. 

Amount. Cash prems. 

Risks outstanding Dec. 31, 1887, $2,083,278 00 822,635 68 

508,841 00 6,518 37 

$2,592,119 00 $29,154 05 

357,182 00 4,177 40 

$2,234,937 00 $24,976 65 

1,750 00 21 87 



Risks written during 1888, 

Total,. 
Risks terminated during 1888, 

In force at end of year, . 
Deduct amount re-insured, 

Ket amount in force, 



Conting't prems. 

$67,907 04 
6,518 37 

£74,425 41 
49,470 63 

$24,954 78 



$2,233,187 00 $24,954 78 $24,954 78 



Losses incurred during the year, $1,308 03 

Percentage of profits or surplus returned during 1888, 20 and 25 per cent. 



30 



MASSACHUSETTS MUTUAL FIRE [Dec. 31, 



GROVELAND MUTUAL FIRE INSURANCE COMPANY, 

GROVELAND. 

[Incorporated March 28, 1828. Commenced business March 28, 1828.] 

Moses Foster, President. Nath'l H. Griffith, Secretary. 

[Note. — This company charges no cash premium, but relies upon assessments on deposit 
notes to pay losses and expenses.] 



Summary of Assets Dec. 31, 1888. 

Cash in the office of the company, . . . §688 60 

Assessments due on deposit notes, ... 28 19 

Gross assets, 



§716 79 



Income. 
Received from assessments on deposit notes, . 
from policy fees, .... 



Gross cash income, 



$6,444 21 
270 00 

$0,714 21 



Expenditures. 
Paid for losses during- the year, .... 
for brokerage and commissions, 
for salaries and fees of officers and employees, 
for interest on borrowed money, 

for State and local taxes, 

for rents, 

for borrowed money, . . . . $4,000 00 

Gross cash expenditures, 



|850 


08 




62 


566 


10 


124 


52 


62 


66 


25 


00 



82,094 98 



Miscellaneous. 



Risks outstanding Dec. 81, 1887, 
Risks written during 1888, 



Total, .... 
Risks terminated during 1888, 

In force at end of year, 



Amount. 

$1,634,253 00 
301,494 00 



§1,935,747 00 

297,838 00 



Deposit notes. 

§109,669 87 
21,451 43 

§131.121 30 
19,066 05 



$1,637,909 00 §112,055 25 



Losses incurred during the year, §116 43 

Assessments laid on deposit notes or contingent premiums, . ~~>,694 70 



1888.] 



IXSUEAXCE COMPANIES. 



31 



HAMPSHIRE MUTUAL FIRE INSURANCE COMPANY, 

NORTHAMPTON. 

[Incorporated March 6, 1830. Commenced business July 1, 1832.] 

Charles N. Clark, Vice-President. Oliver Walker, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par value. Market value. 

$6,300 00 $12,001 50 

2,400 00 2,640 00 

2,000 00 3,500 00 

5,000 00 5,625 00 



63 shares Connecticut River R. R., . 
24 " Chic, Burlington and Quincy R R., 
20 " Northampton National Bank, . 
Kansas Pacific B. R. consols, . 



$15,700 00 $23,766 50 



Summary of Assets Dec. 31, 1888. 

Loans on mortgage of real estate (first liens), $24,000 00 

Stocks and bonds, as per schedule, . . . 23,766 50 

Cash in the office of the company, . ... 9 57 

Cash deposited in bank, 5,751 21 

Interest due and accrued, 688 17 

Office property, $500 00 

Gross assets, 



$54,215 45 



Liabilities. 
Unearned premiums on outstanding risks, 
Surplus due on terminated policies, 
Taxes accrued, ...... 

Gross liabilities, 



Surplus, 



$26,064- 25 

249 39 

24 51 



Income. 
Cash premiums received during the year, 
Deduct return premiums, 

Net cash premiums received, .... 
Received for interest on mortgages, 

for interest from all other sources, . 

Gross cash income, 



Expenditures. 
Paid for losses during the year, 

for brokerage and commissions, 

for salaries and fees of officers and employees, 

for State and local taxes, .... 

for rents, 

for profits or surplus on terminated policies, 
for incidental expenses, .... 

Gross cash expenditures, .... 



26,338 15 



$27,877 


30 


$13,980 77 


383 


14 


$13,597 


63 


1,271 


90 


1,150 


07 


$16,019 60 


$5,335 


66 


1,414 


78 


1,470 00 


129 


59 


150 


00 


5,346 


93 


200 


20 


$14,047 


06 



32 



MASSACHUSETTS MUTUAL FIRE [Dec. 31, 



Miscellaneous. 

Amount. 

Risks outstanding Dec. 31, 1877, $3,833,970 00 
Risks written during 1888, . 1,025,114 00 



Total, $4,859,084 00 

Risks terminated during 1888, . 959,530 00 



Cash prems. 

|49,687 19 

13,980 77 

$63,667 96 
11,539 46 



Deposit notes. 

13,980 77 

6 00 
105,707 50 



In force at end of year, 



. $:l,899,554 00 J. 128 50 2,128 50 



Losses incurred during the year, 5 335 56 

Percentage of profits or surplus returned during 1888, 50 per cent. 
Average rate to date, 50 per cent. 



HINGHAM MUTUAL FIRE INSURANCE COMPANY. BINGHAM. 

[Incorporated March 4, 1826. Commenced bueineBa Sept. 1, 1826.] 

Amos Bates, President. Henry W. Cushtng, Secretary. 



Detailed Statement of Stocks, 



57 shares Hingham National Bank, . 
60 " Old Colony Nafl Bank, Plymouth, 
8 " Abington National Bank, . 

10 " Globe National Bank, Boston, . 
19 " Hamilton National Bank, Boston, 
29 " Eagle National Bank, Boston, . 
12 " Union National Bank, Boston, . 
34 " State National Bank, Boston, . 

26 " North America Nafl Bank, Boston, 

11 " Commerce National Bank, Boston, 
45 " Webster National Bank, Boston, 
50 " Hingham "Water Company, 

92 " Old Colony Railroad, 

87 " Boston and Albany Railroad, . 

25 " Chicago, Burlington and Quincy R .R 

Boston and Albany Railroad bonds, 

Boston and Lowell Railroad bonds, 

Boston and Maine Railroad bonds, . 

Eastern Railroad bonds, .... 

L'nion Pacific Railroad bonds, . 

Chicago, Burlington and Quincy R. R. bonds, 

Town of Hull note, 

Hingham Water Company bonds, . 
Maine State bonds, 



Bonds, etc. 

Par value. 

§3,990 00 

6,000 00 

800 00 

1,000 00 

1,900 00 

2,900 00 

1,200 00 

3,400 00 

2,600 00 

1,100 00 

4,500 00 

5,000 00 

9,200 00 

8,700 00 

2,500 00 

5,000 00 

10,000 00 

10,000 00 

5,000 00 

5,000 00 

5,000 00 

3,500 00 

10,000 00 

11,000 00 



Market value. 

$4,275 00 
9,000 00 
1,008 00 
980 00 
2,375 00 
2,958 00 
1,689 00 
4,437 00 
2,912 00 
1,375 00 
4,882 50 
5,000 00 

15,778 00 

50 

25 00 

5,450 00 

10,850 00 

11,325 00 
6,250 00 
5,657 50 
6,512 50 
3,500 00 
>0 00 

11,137 50 



$119,290 00 $147,607 50 



1888.] 



INSURANCE COMPANIES. 



33 



Securities held as collateral for cash loans : — 

180 shares Eastern Railroad, ) 

50 " Union Pacific Railroad, ) 
160 " West End Street Railroad, . 
Gulf, Colorado and Santa Fe Railroad bonds, . 



Market value. 

$19,052 50 

12,960 00 
10,560 00 



Loaned thereon. 

$15,000 00 

10,000 00 
9,000 00 



$42,572 50 $34,000 00 



Summary of Assets Dec. 31, 1888. 

Cash value of unencumbered real estate, . $9,500 00 

Loans on mortgage of real estate (first liens), 131,910 00 

Stocks, bonds, etc., as per schedule, . . 147,607 50 

Loans on collateral security, as per schedule, . 34,000 00 

Cash in the office of the company, . . . 617 80 

Cash deposited in bank, 17,612 66 

Premiums in course of collection (gross), . 1,490 37 

Interest due and accrued, 6,205 24 

Rents accrued, '. 102 75 

Gross assets, 



$349,046 32 



Liabilities. 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Surplus due on terminated policies, 
Commissions and brokerage, . 

Salaries and taxes, 

Gross liabilities, .... 

Surplus, ... . . 



$28 00 

177,333 94 

6,574 61 

223 55 

221 03 



184,381 13 
$164,665 19 



Income. 
Cash premiums received during the year, 
Received for interest on mortgages, 

for interest from all other sources, . 

for rents, 

from all other sources, 



Gross cash income, 



Expenditures. 
Paid for losses during the year, .... 
for brokerage and commissions, 
for salaries and fees of officers and employees, 

for State and local taxes, 

for profits or surplus on terminated policies, . 
for incidental expenses, 

Gross cash expenditures, ..... 



$77,170 04 


7,019 79 


9,422 65 


483 00 


10 00 


$94,105 48 


$27,197 68 


10,835 91 


4,144 79 


930 52 


48,621 24 


833 28 


$92,563 42 



34: 



MASSACHUSETTS MUTUAL FIRE [Dec. 31, 



Miscellaneous. 

Amount. Cash prems. 

Risks outstanding Dec. 31, 1887, $23,666,060 00 $360,105 71 

Risks written during 1888, . 5,103,645 00 77,170 04 



Total, .... |28,769,705 00 $437,275 75 

Risks terminated during 1888, 4,678,218 00 75,110 44 



Contlng't prems. 

1 53 
75,460 48 

$428,301 01 
73,633 12 



In force at end of year, . . f 24,091,487 00 $ 362,165 31 $354,667 89 

Losses incurred during the year, $27,200 68 

Percentage of profits or surplus returned during 1888, 65 per cent. 



HOLYOKE MUTUAL FIRE INSURANCE COMPANY, 

SALEM. 

[Incorporated March 14, 1843. Commenced business May 23, 1843.] 

Charles II. Price, President. Thomas H. Johnson, Vice-President. 

AY alter L. Harris, Secretary. 

Guaranty Fund, $100,000. 

Detailed Statement of Stocks, Bonds, etc. 

l'ar value. Market value. 

Marion County (Ind.) bonds, .... £5,000 00 $5,650 00 

Washington County (111.) bonds, . . . 2,000 00 2,018 00 

Boston (Mass.) city bonds, ... . . 5,000 00 5,175 00 

Cincinnati (Ohio) city bonds, .... 17,000 00 21,885 00 

Cleveland (Ohio) city bonds, .... 5,000 00 5,650 00 

Chicago (111.) city bonds, 7,000 00 7,880 00 

Chelsea (Mass.) city bonds, .... 17,000 00 18,360 00 

Des Moines (Iowa) city bonds, . . . 10,000 00 10,000 00 

Evansvillt (Ind.) city bonds, .... 6,000 00 5,400 00 

Jeffersonville (Ind.) city bonds, . . . 7,000 00 8,190 00 

Jacksonville (111.) city bonds, .... 5,000 00 5,650 00 

Kansas City bonds, . . . . . 6,000 00 6,840 00 

Lynn city bonds, 8,000 00 8,360 00 

Lawrence (Mass.) city bonds, .... 5,000 00 5,550 00 

Lowell (Mass.) city bonds, .... 4,000 00 4,120 00 

Milwaukee (Wis.) city bonds, .... 5,000 00 5,500 00 

Minneapolis (Minn.) city bonds, . . . 5,000 00 5,700 00 

Omaha (Neb ) city bonds, ... . . 30,000 00 31,900 00 

St. Louis (Mo.) city bonds, .... 5,000 00 5,775 00 

St. Paul (Minn.) city bonds, .... 25,000 00 26,750 00 

Salem (Mass.) city bonds, .... 10,000 00 10,400 00 

Baltimore and Ohio Railroad bonds, . . 10,000 00 11,900 00 

Boston and Lowell Railroad bonds, . . . 2,000 00 2,190 00 

Burlington and Missouri Railroad bonds, . 10,000 00 9,300 00 

Chesapeake and Ohio Railroad bonds, . . 10,000 00 11,200 00 

Chicago, Burlington and Quincy R. R. bonds, . 16,500 00 21,945 00 

Chicago, Burlington and Northern R.R. bonds, 10,000 00 10,700 00 

Chicago and Alton Railroad bonds, . . . 5,000 00 6,125 00 



1888.] 



INSURANCE COMPANIES. 



35 



Par value. Market value. 

Chicago and Eastern Illinois Railroad bonds, . f 5, 000 00 $5,850 00 

Chicago and West Indiana Railroad bonds, . 8,000 00 9,040 00 

Central Pacific Railroad land grant bonds, . 17,000 00 18,580 00 

Central New Jersey Railroad bonds, . . 7,000 00 7,595 00 

Eastern Railroad bonds 10,000 00 12,300 00 

East Middlesex Street Railroad bonds, . . 10,000 00 10,350 00 

Housatonic Railroad bonds, .... 10,000 00 10,700 00 

Jackson, Lansing and Saginaw Railroad bonds, G,000 00 6,840 00 

Kal. and So. Haven Railroad bonds, . . 2,000 00 2,040 00 

Kansas City, St. Joe and C. B. Railroad bonds, 5,000 00 6,025 00 

Kansas City, Ft. S. and Memphis R R. bonds, . 8,000 00 8,960 00 

Lehigh Valley Railroad bonds, . . . 5,000 00 5,600 00 

New York and New England Railroad bonds, . 15,000 00 18,300 00 

New Haven and Derby Railroad Bonds, . . 20,000 00 20,800 00 

Northwestern Union Railroad bonds, . . 8,000 00 10,640 00 

Quincy and Warsaw Railroad bonds, . . 2,000 00 2,080 00 

Scioto Valley Railroad bonds, .... 6,000 00 6,000 00 

South Kansas, Gulf Division, Railroad bonds, . 15,000 00 15,225 00 

St. Paul, Minn, and Man. R. R. bonds, . . 12,000 00 11,700 00 

Terre Haute and So. Eastern Railroad bonds, . 5,000 00 4,500 00 

Utah and Northern Railroad bonds, . . . 10,000 00 9,800 00 

Union Pacific Railroad bonds, . . . . 28,000 00 31,930 00 

Consolidated Vermont Railroad bonds, . . 2,000 00 1,680 00 

31 shares Old Colony Railroad, . . . 3,100 00 5,301 00 

50 " Portland, Portsmouth and Saco, . 5,000 00 6,200 00 

100 " Pitts., Ft. W. and Chicago, . . 10,000 00 15,000 00 

40 " National Exchange Bank, Salem, . 4,000 00 4,800 00 
10 " First National Bank, Salem, . . 1,000 00 1,300 00 
10 " Merchants 1 National Bank, Salem, . 500 00 680 00 
35 " Mercantile National Bank, Salem, . 3,500 00 4,200 00 

41 " Naumkeag National Bank, Salem, . 4,100 00 5,576 00 
140 " Salem National Bank, Salem, . . 14,000 00 18,200 00 

30 " Atlantic National Bank, Boston, . 3,000 00 3,960 00 

15 " Blackstone National Bank, Boston, . 1,500 00 1,680 00 

50 " Freeman's National Bank, Boston, . 5,000 00 5,000 00 

30 " Globe National Bank, Boston, . . 3,000 00 2,790 00 

100 " Merchant's National Bank, Boston, 10,000 00 14,000 00 

50 " Republic National Bank, Boston, . 5,000 00 7,500 00 

30 " Revere National Bank, Boston, . 3,000 00 3,900 00 

100 " Second National Bank, Boston, . 10,000 00 16,100 00 

40 " Shoe and Leather Nat'l Bank, Boston, 4,000 00 4,040 00 

10 " Beverly National Bank, Beverly, . 1,000 00 1,380 00 

20 " So. Danvers Natl Bank, Peabody, . 2,000 00 2,860 00 

12 " First National Bank, Newburyport, 1,200 00 1,500 00 

Del. and Hudson Canal Company bonds, . 5,000 00 7,000 00 

Keokuk Water Company bonds, . . . 10,000 00 10,000 00 

Shelbyville Water Company bonds, . . 10,000 00 9,500 00 

Western Union Telegraph Company bonds, . 5,000 00 5,075 00 



§592,400 00 $674,190 00 



36 



MASSACHUSETTS MUTUAL FIRE [Dec. 31, 



Summary of Assets Dec. 31, 1888. 



Cash value of unencumbered real estate, . 
Loans on mortgage of real estate (first liens), 
Stocks, bonds, etc., as per schedule, . 
Loans on personal security, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Interest due and accrued, .... 
Gross assets, 



$25,000 00 
75,800 00 

074,190 00 

2,500 00 

3,939 57 

10,710 60 

315 51 

10,284 70 



£802,740 38 



Liabilities. 

Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 

Gross liabilities, 



Surplus, 



$650 00 

217,158 47 

63 93 



217,872 40 
$584,867 98 



Income. 
Cash premiums received during the year, 
Deduct return premiums, . 



Net cash premiums received, . 
Received for interest on mortgages 

for interest from all other 

for rents, . 

from rebates on taxes, 



Gross cash income, 



sources, 



$151,489 45 
3,481 93 

$148,007 52 

5,614 33 

32,301 19 

55 89 

1 12 

3,350 05 



Expenditures. 
Paid for losses during the year, 

for brokerage and commissions, 

for salaries and fees of officers and employees, 

for dividends on guaranty capital, . 

for profits or surplus on terminated policies, 

for incidental expenses, .... 



Gross cash expenditures, 



$49,408 33 
22,936 38 
12.019 42 

7.000 00 
46,864 48 

4.038 47 

6142,267 08 



Miscellaneous. 

Amount. Cash prems. Conting't prems. 

Risks outstanding Dec. 31, 1887, § 27,854,681 00 § 389,925 42 $389,247 68 

Risks written during 1888, . 11,074,10100 150,80106 148,618 77 



Total, $38,928,782 00 $540,726 48 8537,866 45 

Risks terminated during 1888, . 8,125,659 00 106,409 54 104,273 62 



In force at end of year, 



. §30,803,123 00 $434,316 94 §433,5. 



1888.] 



INSURANCE COMPANIES. 



37 



Losses incurred during the year, $48,182 32 

Percentage of profits or surplus returned during 1888, 20, 50 and 70 per cent. 
Whole amount of net profits reserved for the security of the 

insured, $146,216 99 

Rate of interest realized upon the investments of guaranty capital, 5.99 

per cent. 



LOWELL MUTUAL FIRE INSURANCE COMPANY, LOWELL. 

[Incorporated March 6, 1832. Commenced business April, 1832.] 

J. C, Abbott, President. E. T. Abbott, Secretary. 



Detailed Statement of Stocks, 



Boston and Lowell Railroad bonds, . 
Lowell and Lawrence Railroad bonds, 
Boston, Concord and Montreal Railroad bonds 
Consolidated Railroad of Vermont bonds, 
Edwardsville town bonds, 
Fitchburg Railroad bonds, 

2 shares Pacific Mills, 

2 

2 
10 

5 

5 

12 
50 
30 

6 

20 
20 



Lawrence Manufacturing Co., 
Hamilton Manufacturing Co., 
Lowell Manufacturing Co., 
Massachusetts Cotton Mills, 
Appleton Co., . 
Merrimack Manufacturing Co. 
Franklin Manufacturing Co., 
Hill Manufacturing Co., . 
Vermont and Massachusetts R. 
First National Bank, Lowell, 
Lowell Bleachery, 



Bonds, etc. 

Par value. 

$6,000 00 
4,000 00 
6,000 00 
1,000 00 
1,000 00 
3,000 00 
2,000 00 
2,000 00 
2,000 00 
6,900 00 
5,000 00 
5,000 00 

12,000 00 
5,000 00 
3,000 00 
600 00 
2,000 00 
4,000 00 



Summary of Assets Dec. 31, 1888. 



Loans on mortgage of real estate (first liens), 
Stocks, bonds, etc., as per schedule, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross) , 
Interest due and accrued, .... 
Gross assets, .*.... 

Liabilities. 
Unearned premiums on outstanding risks, 
Surplus due on terminated policies, . 
Commissions and brokerage, . 

Gross liabilities, 

Surplus, ...... 



$7,450 00 

73,170 00 

5,477 56 

1,797 73 

1,042 17 



$21,211 94 
594 95 
156 70 



Market value. 

$6,690 00 
4,440 00 
6,240 00 
830 00 
1,000 00 
3,000 00 
3,055 00 
3,030 00 
1,800 00 
5,900 00 
5,525 00 
3,325 00 

14,220 00 
4,750 00 
2,535 00 
810 00 
3,300 00 
2,720 00 



$70,500 00 §73,170 00 



,937 46 



21,963 59 

$66,973 87 



38 



MASSACHUSETTS MUTUAL FIRE [Dec. 31, 



Income. 
Cash premiums received during the year, 
Deduct return premiums, 

Net cash premiums received, .... 
Received for interest on mortgages, 

for interest from all other sources, . 

from commissions, .... 

Gross cash income, 



Expenditures. 
Paid for losses during the year, 

for brokerage and commissions, 

for salaries and fees of officers and employees, 

for State and local taxes, .... 

for rents, 

for profits or surplus on terminated policies, 
for incidental expenses, .... 



Gross cash expenditures, §13,297 41 



$13,347 72 


146 


74 


$13,200 


98 


335 


25 


4,201 


20 


1,000 00 


$18,737 


43 


82,407 32 


773 


54 


4,168 


65 


141 


79 


500 00 


4,! 


74 


900 


37 



Miscellaneous. 

Amount. 

Risks outstanding Dec. 31, 1887, $2,775,378 00 
Risks written during 1888, . 1,053,910 00 



Total, $3,829,288 00 

Risks terminated during 1888, . 837,002 00 



In force at end of year, 



Cash prems. 

$38,000 56 
14,144 09 

£52,144 65 
9,720 76 



§2,992,286 00 $42,423 89 



Conting't prems. 

$76,001 12 

14,144 09 

|90,146 21 

47,721 32 

842,423 89 

82,407 32 



Losses incurred during the year, 

Percentage of profits or surplus returned during 1888, 33£, 50 and 60 per 

cent. 
Amount of permanent fund, $12,510 68 



LYNN MUTUAL FIRE INSURANCE COMPANY, LYNN. 

[Incorporated Feb. 20, 1825. Commenced business Aug. 1, 1823.] 

Thomas B. Netvhall, President. f. H. Johnson, Secretary. 



Detailed Statement of Stocks, Bonds, etc. 

Par value. Market valne. 

40 shares First National Bank, Lynn, . . $4,000 00 $5,200 00 

20 " National City Bank, Lynn, . . 2,000 00 4,000 00 

5 " Central National Bank, Lynn, . . 500 00 750 00 

10 " Merchants'' National Bank, Boston, . 1,000 00 1,400 00 

15 " First National Bank, W s Nekton, . 1,500 00 1,650 00 



1888.] 



INSURANCE COMPANIES. 



39 



Chicago city bonds, 

Toledo city bonds, 

Cedar Rapids and Mo. Riv. Railroad bonds, 
Revere Beach Railroad bonds, . 
Ind., Dec. and Springfield Railroad bonds, 
Ohio and West Virginia Railroad bonds, 
Chic, Mil. and St. Paul Railroad bonds, . 
Southern Pacific Railroad bonds, 
Atlantic and Pacific Railroad bonds, 
Atch., Top. and Santa Fe Railroad bonds, 
Mexican Central Railroad bonds, 
Oregon Short Line Railroad bonds, . 
Ogdensburg and L. Champ. Railroad bonds, 
Missouri Valley Railroad bonds, 
Sonora Railroad bonds, .... 
Lynn and Boston Railroad bonds, . 
Chic, and Gt. Western Railroad bonds, . 
Chic, Ks. and Western R. R. bonds and scrip, 
35 shares Atch , Top. and Santa Fe Railroad, 
Mexican Central Railroad note, 
East Middlesex R. R. bond, 
Equitable Mortgage Company bond, 



Par value. 

$2,000 00 
1,000 00 
2,000 00 
2,000 00 
1,000 00 
1,000 00 
1,000 00 

500 00 
1,000 00 
2,000 00 
1,000 00 
2,000 00 
2,000 00 
2,000 00 
2,000 00 
4,000 00 
2,000 00 
1,500 00 
3,500 00 

100 00 
2,000 00 
1,000 00 



Market value. 

$2,200 00 

1,050 00 

2,100 00 

2,240 00 

1,000 00 

1,100 00 

1,100 00 

500 00 

800 00 

1,830 00 

680 00 

2,200 00 

1,92 ) 00 

2,000 00 

1,760 00 

4,000 00 

2,200 00 

1,350 00 

1,960 00 

96 00 

2,070 00 

1,000 00 



§45,600 00 '§48,156 00 



SUMMAKY OF ASSETS DEC. 31, 1888. 



Loans on mortgage of real estate (first liens), 
Stocks, bonds, etc, as per schedule, 
Loans on personal security, 
Cash deposited in bank, .... 
Premiums in course of collection (gross) , 
Interest due and accrued, .... 
Office furniture, etc., . . . §375 00 
Gross assets, 



$19,875 00 

4.8,156 00 

1,380 00 

2,120 02 

46 60 

1,226 75 



$72,804 37 



Liabilities. 
Unearned premiums on outstanding risks, 
Surplus due on terminated policies, . 

Rents and salaries, 

Gross liabilities, 



,394 32 
106 54 

77 67 



11,578 53 



Surplus, $61,225 84 



Income. 
Cash premiums received during the year, 
Deduct return premiums, .... 



Net cash premiums received, 



§4,666 87 
259 42 

$1,407 45 



40 



MASSACHUSETTS MUTUAL FIRE [Dec. 31, 



Received for interest on mortgages, 

for interest from all other sources, . 



Gross cash income, 



Expenditures. 
Paid for losses during the year, 

for brokerage and commissions, 

for salaries and fees of officers and employees 

for interest on borrowed money, 

for State and local taxes, .... 

for rents, 

for profits or surplus on terminated policies, 
for incidental expenses, .... 



Gross cash expenditures, 



Miscellaneous. 

Amount, 

Risks outstanding Dec. 31, 1887, $1,673,225 00 
Risks written during 1888, . 351,640 00 



Total, $2,024,865 00 

Risks terminated during 1888, . 283,950 00 



Cash prems. 

§22,160 54 
4,619 87 

§26,780 41 
3,991 77 



?1,139 10 
2 01 

18 56 



|140 


13 


59 


18 


2,100 00 


1 


60 


46 


49 


432 


00 


2,659 


34 


367 


57 



6 31 



Conting't prems. 

$88,642 16 
9,239 74 

$97,881 90 
52,304 62 



In force at end of year, 



. 61,740,915 00 - 64 £45,577 28 



Losses incurred during the year, 
Amount of permanent fund, 



$80 13 
57 50 



MASSACHUSETTS MUTUAL FIRE INSURANCE COMPANY, 

BOSTON. 

[Incorporated Dec. 21, 1S72. Commenced business Jan. 1, 1873.] 

Charles B. Cumings, President. John M. Corbett, Secretary. 

Guaranty Capital, $200,000. 



Office, 28 State Street. 
Detailed Statement of Stocks, 



150 shares Tremont National Bank, 

80 " Hamilton National Bank, 

100 " Merchants* National Bank, . 

70 " Union National Bank, 

160 " New England National Bank, 

100 " Columbian National Bank, 

25 " Globe National Bank, 

100 " Webster National Bank, . 

115 " Atch., Topeka and Santa Fe R. R., 

70 " Chicago, Burl, and Quincy R. R., 



Bonds, etc. 

Par value. 

$15,000 00 

8,000 00 
10,000 00 

7,000 00 
16,000 00 
10,000 00 

2,500 00 
10,000 00 
11,500 00 

7,000 00 



Market valoe. 

|16,650 00 

10,000 00 

14,000 00 

9,800 00 

25,760 00 

12.500 00 

25 00 

10,850 00 

6,670 00 

00 



1888.] 



INSURANCE COMPANIES. 



41 



Par value. Market value. 

6 shares Chicago, Burl, and Northern R. R., $600 00 $300 00 

62 " Eastern Railroad, .... 6,200 00 7,564 00 

Eastern Railroad bonds, 1,000 00 1,240 00 

Michigan Central Railroad bonds, . . . 6,000 00 6,180 00 

Burlington and Missouri River Railroad bonds, 24,000 00 24,960 00 

Kan. City, Springfield & Memphis R. R. bonds, 10,000 00 10,300 00 

Kansas and Missouri Railroad bonds, . . 12,000 00 11,520 00 

Atchison, Topeka and Santa Fe R. R. bonds, . 11,000 00 11,290 00 

Kansas City, Lawrence and So. R. R. bonds, . 6,000 00 6,660 00 

Chicago, Burl, and Quincy Railroad bonds, . 11,000 00 9,860 00 

Boston and Lowell Railroad bonds, . . . 10,000 00 10,700 00 

Chicago, Burl, and Northern Railroad bonds, . 1,000 00 980 00 

Chicago, Kansas and Western R. R. bonds, . 1,500 00 1,045 00 

Current River Railroad bonds, .... 10,000 00 9,300 00 

$207,300 00 $228,154 00 



Summary of Assets Dec. 31, 1888. 



Loans on mortgage of real estate (first liens) , 
Stocks, bonds, etc., as per schedule, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross) , 
Interest due and accrued, .... 
Gross assets, 



$109,700 00 

228,154 00 

4,489 60 

5,552 35 

3,294 93 



$351,190 88 



Liabilities. 

Unearned premiums on outstanding risks, . $77,568 18 

Return premiums on cancelled policies, . . 108 28 

Surplus due on terminated policies, . . 3,087 45 

Commissions and brokerage, .... 810 00 

Gross liabilities, . . . . . 



81,573 91 



Surplus, $269,616 97 



Income. 

Cash premiums received during the year, 
Deduct return premiums, .... 



Net cash premiums received, . 

Received for interest on mortgages, 

for interest from all other sources, 
for premiums on bonds sold, 
jrom rebate on taxes paid, 

Miscellaneous, 




Gross cash income, 



$62,773 84 


1,839 72 


$60,934 12 


4,667 89 


12,426 16 


3,050 00 


3,587 15 


300 00 


$84,965 32 



42 



MASSACHUSETTS MUTUAL FIRE [Dec. 31, 



Expenditures. 
Paid for losses during the year, 

for brokerage and commissions, 

for salaries and fees of officers and employees 

for dividends on guaranty capital, . 

for State and local taxes, .... 

for rents, 

for profits or surplus on terminated policies, 
for incidental expenses, .... 



Gross cash expenditures, 



$13,073 96 

5,201 90 

10,2:50 72 

14,000 00 

1,188 55 

3,000 00 

12,408 24 

2,035 87 

$61,149 24 



Miscellaneous. 

Amount. Cash prems. 

Risks outstanding Dec. 31, 1887, $19,401,503 00 $147,021 94 



Risks written during 1888, 

Total, . 

Risks terminated during 1888, 

In force at end of year, . 
Deduct amount re-insured, 

Net amount in force, 



8,796,418 00 63,516 70 

$28,197,921 00 $210,538 64 

8,499,205 00 55,216 52 

$19,698,716 00 $155,322 12 

13,000 00 185 76 

$19,685,716 00 $155,136 36 



Losses incurred during the year, 

Whole amount of net profits reserved for the security of the 

insured, 

Rate of interest realized upon the investments of guaranty 

per cent. 



Conting't prems. 

|147,087 69 

63,516 70 



1210,604 39 

55,216 52 

$155,387 87 



$13,070 81 

$33,325 12 
capital, 5 T V»o 



MERCHANTS AND FARMERS MUTUAL FIRE INSURANCE 
COMPANY, WORCESTER. 

[Incorporated April 1, 1846. Commenced business Jan. 1, 1847.] 

John D. Washburn, President. E. B. Stoddard, Secretary. 



Detailed Statement of Stocks, 

60 shares Atch., Topeka and Santa Fe R. R., 

50 

29 

50 

25 

25 

25 

25 

20 

20 

13 



Union Pacific Railroad, 
Worcester and Nashua Railroad, 
Chicago and Alton Railroad, . 
Chicago, Burl, and Quincy Railroad 
Boston and Albany Railroad, . 
Providence and Worcester Railroad, 
Waehusett National Bank, 
Westminster National Bank, . 
Central National Bank, 
Mechanics' National Bank, • . 



Bonds, etc. 

Par value. 

$6,000 00 
5,000 00 
2,900 00 
5,000 00 
2,500 00 
2,500 00 
2,500 00 
2,500 00 
2,000 00 
2,000 00 
1,300 00 



Market value. 

§3,360 00 
3,100 00 
3,770 00 
7,050 00 
3,000 00 
5,050 00 
6,625 00 
• 5,000 00 
2,000 00 
3,000 00 
1,625 00 



1888.] 



INSURANCE COMPANIES. 



43 



25 shares Quinsigainond National Bank, . 
Providence and Worcester Railroad bonds, 
Worcester, Norwich and Rochester R. R. bonds, 
Chicago, Kansas and Western Railroad bonds, 
Chicago, Santa Fe and California R. R. bonds, . 
Atchison, Topeka and Santa Fe R. R. bonds, . 

Lawrence city bonds, 

Eastern Railroad of Minnesota, 



Par value. 

$2,500 00 

25,000 00 

500 00 

1,500 00 

10,000 00 

500 00 

20,000 00 

5,000 00 



Market value. 

$3,125 00 

30,000 00 

542 50 

1,500 00 

11,000 00 

500 00 

23,000 00 

5,000 00 



f99,200 00 $118,247 50 



Summary of Assets Dec. 31, 1888. 



Cash value of unencumbered real estate, . 
Loan on mortgage of real estate (first liens), 
Stocks, bonds, etc., as per schedule, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross) , 
Interest due and accrued, .... 
Gross assets, . . . 

Liabilities. 
Losses adjusted, unpaid, .... 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Return prems. on cancelled and term'd policies 
Commissions and brokerage, . 

Gross liabilities, 



Surplus, 



$30,000 00 

105,661 07 

118,247 50 

32,139 08 

6,097 74 

3,500 00 



$1,400 00 

1,600 00 

153,273 87 

2,500 00 

815 70 



Income. 

Cash premiums received during the year, 
Deduct return premiums, .... 

Net cash premiums received, . 

Received for interest on morto;a£es, 

for interest from all other sources, 
for rents, 

Gross cash income, .... 



Expenditures. 
Paid for losses during the year, 

for brokerage and commissions, 
for salaries and fees of officers and employees, 
for State and local taxes, .... 
.for profits or surplus on terminated policies, 
for incidental expenses, .... 
for repairs on real estate, .... 

Gross cash expenditures, 



$295,645 39 



159,589 57 



$ 136,055 82 


$90,254 01 


2,590 35 


$87,663 66 


5,774 86 


7,597 05 


1,117 00 


§102,152 57 


$44,062 28 


13,399 41 


6,597 92 


1,717 34 


29,632 07 


2,340 88 


197 59 



7,947 49 



44 



MASSACHUSETTS MUTUAL FIRE [Dec. 31, 



Miscellaneous. 

Amount. Cash prems. 

Risks outstanding Dec. 31, 1887, $19,652,510 00 $288,611 45 

Risks written during 1888, 6,456,881 00 89,225 03 



Total, . . . $26,109,391 00 $377,836 48 

Risks terminated during 1888, 5,241,241 00 71,288 74 



In force at end of year, . $20,868,150 00 $306,547 74 

Losses incurred during the year, 

Percentage of profits or surplus returned during 1888, 20, 40, 



Deposit notes. 

$288,011 45 
89,225 03 

1377336 48 

71,288 74 

6,547 74 

$47,002 28 
60 per cent. 



MERRIMACK MUTUAL FIRE INSURANCE COMPANY, ANDOVER. 

[Incorporated Feb. 7, 1828. Commenced business March 1, 1828.] 

Wm. S. Jenkins, President. Joseph A. Smart, Secretary. 



Detailed Statement of Stocks, 

United States bonds, . 

Maine State bonds, . 

Albany city bonds, . 

Charlestown city bonds, 

Chicago city bonds, . 

Cincinnati city bonds, 

Fall River city bonds, 

Lynn city bonds, 

Northampton city bonds, 

Toledo city bonds, 

Cambridge Horse Railroad bonds, 

Lynn and Boston Horse Railroad bonds, . 

Metropolitan Horse Railroad bonds, 

Atchison, Topeka and Santa Fe R. R. bonds, 

Boston and Lowell Railroad bonds, . 

Boston and Maine Railroad bonds, . 

Boston and Providence Railroad bonds, . 

Chicago, Burl, and Quincy Railroad bonds, 

Chicago, Milwaukee and St. Paul R. R. bonds 
Chicago and Northwestern Railroad bonds, 
Old Colony Railroad bonds, 
Chicago, Wisconsin and Minnesota R.R. bonds 
Spokane and Palouse Railroad bonds, 
Helena (Montana) Water Company bonds, 
Salem (Ohio) Water Company bonds, 
Equitable Mortgage Company bonds, 
Lombard Mortgage Company bonds, 



Securities held as collateral for cash loans 
18 shares Lawrence National Bank, 



Bonds, etc. 

Par value. 

$27,000 00 
6,000 00 
10,000 00 
5,000 00 
12,000 00 
16,000 00 
10,000 00 
5,000 00 
5,000 00 
5,000 00 
15,000 00 
10,000 00 
20,000 00 
10,000 00 
5,000 00 
10,000 00 
5,000 00 
10,' 00 00 
5,000 00 
10,000 00 
10,000 00 
5,000 00 
5,000 00 
5,000 00 
6,000 00 
6,500 00 
500 00 



Market value. 

•290 00 
'60 00 
10,000 00 
5,300 00 
13,140 00 
20,550 00 
11,275 00 
5,675 00 
5,300 00 
5,150 00 
15,300 00 
10,100 00 
20,800 00 
9,400 00 
5,800 00 
11,110 00 
5,012 00 
10,700 00 
5,000 00 
10,G75 00 
11,500 00 
5,150 00 
5,050 00 
5,000 00 
6,000 00 
6,500 00 
500 00 



§239,000 00 £260,937 00 

Market value. Loaned thereon 

f 1,700 00 £1,500 00 



1888.] 



INSURANCE COMPANIES. 



45 



Summary of Assets Dec. 31, 1888. 

Loans on mortgage of real estate (first liens), $39,000 00 

Stocks, bonds, etc., as per schedule, . . 260,937 00 

Loans on collateral security, as per schedule, . 1,500 00 

Cash in the office of the company, . . . 1,654 01 

Cash deposited in bank, 15,400 53 

Premiums in course of collection (gross), . 5,385 22 

Interest due and accrued, 5,488 63 

Gross assets, £329,365 39 



Liabilities. 

Losses adjusted, unpaid, . . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 

Gross liabilities, 



Surplus, 



Income. 

Cash premiums received during the year, 
Deduct return premiums, 

Net cash premiums received, .... 
Received for interest on mortgages, 

for interest from all other sources, . 



$9,336 35 

166,980 77 

807 75 



177,124 87 


$152,240 


52 


186,909 


74 


2,659 


27 



,250 47 
2,152 00 
13,653 90 



Gross cash income, $100,056 37 



Expenditures. 
Paid for losses during the year, .... 
for brokerage and commissions, 
for salaries and fees of officers and employees, 

for State and local taxes, 

for rents, • 

for profits or surplus on terminated policies, . 
for incidental expenses, 

Gross cash expenditures, 



$19,940 10 

12,831 23 

4,836 00 

898 32 

70 00 

32,447 19 

2,111 02 

§73,133 86 



Miscellaneous. 

Amount. Cash prems. Conting't prems. 

Risks outstanding Dec. 31, 1887, $21,459,226 00 $313,979 72 $313,979 72 

Risks written during 1888, . 6,024,098 00 86,728 99 86,728 99 



Total, .... $27,483,324 00 $400,708 71 $400,708 71 

Risks terminated during 1888, 4,841,915 00 66,747 17 66,747 17 



In force at end of year, . . $22,641,409 00 $333,961 54 $333,961 54 

Losses incurred during the year, $26,259 45 

Percentage of profits or surplus returned during 1888, 25, 40, 60 per cent. 



46 



MASSACHUSETTS MUTUAL FIRE [Dec. 31, 



MIDDLESEX MUTUAL FIRE INSURANCE COMPANY, 

CONCORD. 

[Incorporated March 3, 1826. Commenced business March 29, 1826.] 

George Heywood, President. Richard F. Barrett, Secretary. 



Detailed Statement of Stocks, Bonds, etc. 

Par value. Market value. 

50 shares Blackstone National Bank, Boston, $5,000 00 

15 " Merchants' National Bank, Boston, 1,500 00 2,115 00 

40 " Webster National Bank, Boston, . 4,000 00 4,340 00 

25 " Eliot National Bank, Boston, . . 2,500 00 2,962 50 

53 " Boston National Bank, Boston, . 5,300 00 6,466 00 

54 " Howard National Bank, Boston, . 5,400 00 5,832 00 
30 " Revere National Bank, Boston, . 3,000 00 3,907 50 

113 " Shawmut National Bank, Boston, . 11,300 00 14,690 00 

20 " Faneuil Hall Nat'l Bank, Boston, . 2,000 00 15 00 

44 " No. America Nat'l Bank, Boston, . 4,400 00 4,928 00 
33 " Concord National Bank, Boston, . 3,300 00 5,280 00 
10 " Central National Bank, Boston, . 1,000 00 00 
30 " Traders 1 National Bank, Boston, . 3,000 00 2,722 50 
18 " State National Bank, Boston, . . 1,800 00 2,349 00 
10 " Market National Bank, Boston, . 1,000 00 925 00 

5 " Suffolk National Bank, Boston, . 500 00 607 50 

30 " Commercial National Bank, . . 3,000 00 3,000 00 

45 " Boston and Albany Railroad. . . 4,500 00 9,067 50 
100 " Fitehburg Railroad, . . 10,000 00 7,700 00 

50 " Phil., Wilmin. and Bait. Railroad, . 2,500 00 3,387 50 

88 T 5 5 2 o " Cleveland and Canton Railroad, . 8,852 00 2,611 34 

200 " Chic, Burl, and Quincy Railroad, . 20,000 00 21,800 00 

230 " Atch , Topeka and Santa Fe R. R.. . 23,000 00 12,880 00 

12 " Chicago, Burlington and No. R. R., 1,200 00 576 00 

Chicago, Kansas and Western R. R. bonds, . 3,000 00 2,082 50 

Fitehburg Railroad bonds, .... 20,000 00 20,200 00 

East Middlesex Street Railroad bonds, . . 10,000 00 10,350 00 

63 shares Pullman Palace Car Company. . 6,300 00 10,930 50 

Boston and Albany Railroad bonds, . . 40,000 00 44,600 00 

Eastern Railroad bonds, 6,000 00 7,500 00 

Burlington and Missouri Railroad bonds, . 7,000 00 6,335 00 

Chic, Burl, and Northern Railroad bonds, . 2,000 00 1,962 50 

So. Kansas and Western Railroad bonds, . 1,250 00 1,172 50 

Atchison, Topeka and Santa Fe Railroad bonds, 2,000 00 1.720 00 

Bath city bonds, 3,000 00 • 3,030 00 

United States bonds, 28,000 00 35,980 00 

Concord town water loan, .... 19,500 00 23,100 00 

50 shares Mass. Real Estate Company, . . 5,000 00 5,750 00 



0281,102 00 S302,611 59 



1888.] 



INSURANCE COMPANIES. 



47 



Securities held as collateral for cash loans : — 

70 shares Chic, Burl, and Quincy R. R., 
20 " Wheeler Reflector Company, . 
66 " K E. Telephone and Telegraph Co., 
10 " Lake Shore and Mich. So. R. R., . 
30 " Atch., Top. and Santa Fe R. R., 



Market value. 

f7,630 00 
1,000 00 
2,904 00 
1,043 75 
1,680 00 



Loaned thereon. 

$7,000 00 

300 00 

1,500 00 

1,000 00 

1,400 00 



$14,257 75 $11,200 00 



Summary of Assets Dec 

Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens) , 
Stocks, bonds, etc., as per schedule, 



Loans on collateral security, as per 
Loans on personal security, 
Cash in the office of the company, 
Cash deposited in bank, . 
Interest due and accrued, . 
Rents due and accrued, 
Gross assets, 



schedule, 



31, 1888. 

$17,500 00 

103,702 00 

302,611 59 

11,200 00 

49,300 00 

3,567 91 

17,908 19 

12,313 41 

300 00 



$518,403 10 



Liabilities. 

Unearned premiums on outstanding risks, 

Miscellaneous, 

Gross liabilities, 



$189,976 08 
47 20 



190,023 28 



Surplus, $328,379 82 



Income. 

Cash premiums received during the year, 
Deduct return premiums, .... 



Net cash premiums received, . 

Received for interest on mortgages, 

for interest from all other sources, 
for rents, 



Gross cash income, 



$109,233 01 

599 89 

$108,633 12 

6,770 83 

15,280 03 

500 00 

$131,183 98 



Expenditures. 
Paid for losses during the year, 

for brokerage and commissions, 
for salaries and fees of officers and employees, 
for State and local taxes, .... 
for profits or surplus on terminated policies, 
for incidental expenses, .... 

Gross cash expenditures, .... 



$15,470 35 

15,706 36 

6,632 00 

1,471 89 

52,684 98 

3,123 57 

$95,089 15 



48 MASSACHUSETTS MUTUAL FIRE [Dec. 31, 

Miscellaneous. 

Amount. Cash prems. Conting't prems. 

Risks outstanding Dec. 31, 1887, $24,521,752 00 $351,786 96 $351,786 96 

Risks written during 1888, 7,397,104 00 107,528 40 107,528 40 



Total, .... $31,918,856 00 $459,315 36 $459,315 36 
Risks terminated during 1888, 5,462,398 00 79,363 19 79,363 19 



In force at end of year, . $26,456,458 00 $379,952 17 $379,952 17 

Losses incurred during the year, §15,470 35 

Percentage of profits or surplus returned during 1888, 50 and 70 per cent. 



Par value. 


Market valne. 


§1,000 00 


$1,400 00 


900 00 


1,080 00 


3,500 00 


3,675 00 



MILFORD MUTUAL FIRE INSURANCE COMPANY, 

MILFORD. 

[Incorporated April, 1851. Commenced business 1851.] 

George L. Cooke, President. George G. Parker, Secretary. 

Detailed Statement of Stocks, Bonds, etc. 

10 shares Milford National Bank, 
9 " Hide and Leather Nat. Bank, Boston, 
Milford Water Company bonds, 

§5,400 00 $6,155 00 
Securities held as collateral for cash loans : — 

Market value. Loaned thereon. 

122 shares Lexington AYater Company bonds, §4,880 00 §3,948 09 

Summary of Assets Dec. 31, 1888. 

Loans on mortgage of real estate (first liens), 

Stocks and bonds, as per schedule, . 

Loans on collateral security, as per schedule, 

Loans on personal security, 

Cash in the office of the company, . 

Cash deposited in bank, .... 

Premiums in course of collection (gross), 

Interest due, 

Office furniture, . . . . f 50 00 
Gross assets, 



£550 00 




6,155 00 




3,948 09 




3,000 00 




1,519 Q5 




J 88 




434 29 




288 59 






§17,178 50 



1888.] 



INSURANCE COMPANIES. 



49 



Liabilities. 

Losses claimed and reported, . 
Losses disputed or resisted, 

Total amount of losses, .... 
Unearned premiums on outstanding risks, 
Surplus due on terminated policies, . 
Commissions and brokerage, . . . 
Salaries and incidental expenses, 

Gross liabilities, 



Surplus, 



$1,185 53 
534 17 

$1,719 70 

7,568 82 

200 44 

51 53 

74 50 



$9,014 99 



$7,563 51 



Income. 

Cash premiums received during the year, 
Deduct return premiums, .... 

Net cash premiums received, . 
Received for interest from all sources, . 

Gross cash income, . 



$5,066 70 
117 30 

$4,949 40 
712 66 

$5,662 06 



Expenditures. 
Paid for losses during the year, .... 
for brokerage and commissions, 
for salaries and fees of officers and employees, 

for State and local taxes, 

for profits or surplus on terminated policies, . 
for incidental expenses, 

Gross cash expenditures, 



$1,049 


40 


757 


46 


236 


30 


52 


37 


1,166 


21 


264 33 



},526 07 



Miscellaneous. 

Amount. Cash prems. 

Risks outstanding Dec. 31, 1887, $1,244,385 00 $13,421 63 

Risks written during 1888, . 427,612 00 5,066 70 



Total, $1,671,997 00 $18,488 33 

Risks terminated during 1888, . 281,720 00 3,350 68 



In force at end of year, 



Deposit notes. 

$40,264 89 
5,066 70 

$45,331 59 
30,193 94 



$1,390,277 00 $15,137 65 $15,137 65 



Percentage of profits or surplus returned during the year, 25 and 50 per cent. 
Losses incurred during the year, $2,769 10 



50 



MASSACHUSETTS .MUTUAL FIRE [Dec. 31, 



MILL OWNERS MUTUAL FIRE INSURANCE COMPANY. 

BOSTON. 

[Incorporat'-d June 13, 1873. Commenced business Aug. 1, 1873.] 

* William H. Kent, President. William H. II. Whiting - lary. 

Office, SI Milk Street. 

Detailed Statement of Stocks, Bonds, etc. 

Par value. Market value. 

Boston city bonds, .000 00 

Ottawa and Burlington Railroad bonds, . . 5,000 00 2 50 

Chicago, Biirl. and Quincy Railroad bonds, . 50,000 00 47.368 75 

Boston and Lowell Railroad bonds, . . . 15,000 00 14,906 25 

Burl, and Missouri River Railroad bonds . 10,000 00 '0 00 

New York and New England Railroad bonds, 12,000 00 14,880 00 

Kan. City, Ft. Scott and Memphis R. R. bonds, 10,000 00 11,100 00 

Corporation notes, 30,000 00 "00 

$167,000 00 £168.392 50 



Summary or Assets Dec. 31, 1888. 



Stocks, bonds, etc., as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Interest due and accrued, .... 
Gross assets, . . . . . 

Liabilities. 
Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Unearned premiums on outstanding risk-. 
Taxes accrued, .... 
Gross liabilities, . 

Surplus, .... 



s,392 50 






92 43 






9.182 95 






423 83 






2,<il5 98 














>42 12 






150 00 






117,584 35 






440 26 






— 


11- 











Income 

Cash premiums received during the year 
Deduct return premiums, . 

Net cash premiums received, . 
Received for interest from all sources, 

Gross cash income, 



|2 >37 2 

7,3 

7,778 71 



" 91 



* Since deceased. 



1888.] 



INSURANCE COMPANIES. 



51 



Expenditures. 
Paid for losses during the year, .... 
for salaries and fees of officers and employees, 

for State and local taxes, 

for rents, 

for profits or surplus on terminated policies, . 
for incidental expenses and inspections, . 

Gross cash expenditures, 



$61,912 33 

10,366 00 

2,316 48 

720 00 

157,496 10 

5,115 01 

$237,925 92 



Miscellaneous. 

Amount. Cash prems. Continsr't prems. 

Risks outstanding Dec. 31, 1887, $23,940,650 00 £225,429 12 $1,127,145 60 

Risks written during 1888, . 25,345,495 00 242,732 36 1,213,661 80 



Total, $49,286,145 00 $468,161 48 $2,340,807 40 

Risks terminated during 1888, . 24,753,204 00 232,992 78 1,164,963 90 

In force at end of year, . . 824,532,941 00 $235,168 70 $1,175,843 50 



Losses incurred during the year, $61,872 31 

Percentage of profits or surplus returned during 1888, 69 T 8 „ per cent. 



MUTUAL FIRE ASSURANCE COMPANY, SPRINGFIELD. 

[Incorporated Feb. 23, 1827. Commenced business July 26, 1827.] 

W. C. Sturtevant, President. Frank R. Young, Secretary. 



Detailed Statement of Stocks, 

75 shares Second National Bank, Springfield, 

61 ■ 

25 ' 

25 ' 

25 ' 

10 ' 

10 ' 

50 ■ 

50 ' 

77 ' 

150 ' 
55 



' Chicopee Natl Bank, Springfield, 
' John Hancock Natl Bank, Sprld, 
1 First Natl Bank, Springfield, 
1 Chapin Natl Bank, Springfield, 
' Monson Natl Bank, Monson, . 
' First Natl Bank, Chicopee, 

Hadley Falls Natl Bank, Holyoke, 
' Commerce Natl Bank, Boston, 
' Boston and Albany Railroad, . 
• N. Y. Cent, and Hudson Riv. R. R. 
Chic, Burl, and Quincy R. R., 
3 " Chic, Burl, and Northern R. R., 
50 " Union Pacific Railroad, . 
40 " Lake Shore and M. S. Railroad, 
Boston and Albany Railroad bonds, . 
Union Pacific Railroad bonds, . 
St. Johnsbury and Lake Champ. R. R. bonds, 



Bonds, etc. 

Par value. 

■?7,500 00 
6,100 00 
2,500 00 
2,500 00 
2,500 00 
1,000 00 
1,000 00 
5,000 00 
5,000 00 
7,700 00 

15,000 00 
5,500 00 
300 00 
00 
4,000 00 
7,000 00 
5,000 00 
5,000 00 



Market value. 

811,250 00 
9,760 00 
2,875 00 
3,625 00 
3,375 00 
1,500 00 
1,350 00 
8,000 00 
6,000 00 
15,477 00 
16,050 00 
5,885 00 
147 00 
3,150 00 
4,120 00 
7,630 00 
5,650 00 
5,500 00 



52 



MASSACHUSETTS MUTUAL FIRE [Dec. 31, 



Vermont Valley Railroad bonds, 

Chic., Burl, and Northern Railroad bonds, 

Western Union Telegraph bonds, . 



Summary of Assets Dec. 31, 1888. 

Loans on mortgage of real estate (first liens) , 
Stocks, bonds, etc., as per schedule, . 

Cash deposited in bank, 

Interest due and accrued, 

Gross assets, 



Par value. 


Market value. 


$4,000 00 


$4,400 00 


500 00 


485 00 


7,000 00 


7,910 00 


$99,100 00 


8124,139 00 


, 1888. 




§13,200 00 




124,139 00 




3,482 54 




842 83 






$141,664 37 



Liabilities. 
Losses adjusted, unpaid, .... 
Unearned premiums on outstanding risks, 
Surplus due on terminated policies, . 

Gross liabilities, 



Surplus, 



$50 00 

31,839 32 

276 69 



32,166 01 
$109,498 36 



Income. 

Cash premiums received during the year, 
Deduct return premiums, .... 



Net cash premiums received, . 
Received for interest on mortgages, 

for interest from all other sources, 



Gross cash income, 



$16,361 59 
478 55 

§15,883 04 

762 00 

4,603 90 

$21,248 94 



Expenditures. 
Paid for losses during the year, .... 
for salaries and fees of officers and employees, 
for State and local taxes, .... 

for rents, 

for profits or surplus on terminated policies, 
for incidental expenses, .... 

Gross cash expenditures, .... 



$310 04 

3,148 00 

173 41 

235 00 

12,182 69 

403 70 

$16,452 84 



Miscellaneous . 

Amount. 

Risks outstanding Dec. 31, 1887, $4,226,338 00 
Risks written during 1888, . 1,081,075 00 



Total, .... 
Risks terminated during 1888, 

In force at end of vear, 



$5,307,413 00 
1,049,425 00 



CaBh prems. 

$63,483 32 
16,337 59 

$79,820 91 
16,142 28 



Conting't prems. 

$126,966 64 
32,675 18 

$159,641 82 
32,284 56 



$4,257,988 00 $63,678 63 $127,357 26 



1888.] 



INSURANCE COMPANIES. 



53 



Losses incurred during the year, $360 04 

Percentage of profits or surplus returned during 1888, 80 per cent. 
Average rate to date, 80 per cent. 



MUTUAL PROTECTION FIRE INSURANCE COMPANY, BOSTON. 

[Incorporated April 10, 1861. Commenced business July 15, 1864.] 

Amos Stone, President. Geo. H. Pendergast, Secretary. 

Office, Thompson Square. 

Detailed Statement of Stocks and Bonds. 



10 shares Monument National Bank, 

20 " National Bank Republic, . 

31 " Charlestown Gas Company, 

51 " Atch., Top. and Santa Fe Railroad, 

Northern Pacific Railroad bonds, 



Summary of Assets Dec. 31, 

Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens), 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross) , 
Interest due and accrued, .... 
Gross assets, 



Par value. 


Market value. 


$1,000 00 


$2,200 00 


2,000 00 


3,000 00 


1,550 00 


2,790 00 


5,000 00 


2,900 00 


2,000 00 


2,320 00 


$11,550 00 


$13,210 00 


2. 31, 1888. 




$8,000 00 




), 27,220 00 




13,210 00 




530 83 




5,015 59 




1,701 85 




686 40 






$56,364 67 



Liabilities. 
Losses adjusted, unpaid, .... 
Unearned premiums on outstanding risks, 
Surplus due on terminated policies, . 

Gross liabilities, 



Surplus, 



Income. 
Cash premiums received during the year, 
Deduct return premiums, .... 

Net cash premiums received, . 
Received for interest on mortgages, 

for interest from all other sources, 

Gross cash income, 



$20 00 

5,537 76 

244 81 



5,802 57 



$50,562 


10 


$3,130 


94 


34 


15 



$3,096 79 
1,125 07 
1,103 47 

$5,325 33 



54 



MASSACHUSETTS MUTUAL FIRE [Dec. 31, 



Expenditures. 
Paid for losses during the year, .... 
for brokerage and commissions, 

for State and local taxes, 

for rents, 

for profits or surplus on terminated policies, '. 
for incidental expenses, 

Gross cash expenditures, 



$84 


92 


582 


60 


35 


69 


400 00 


487 


60 


123 


00 



.,713 71 



Miscellaneous. 

Amount. 

Risks outstanding Dec. 31, 1887, $1,104,730 00 
Risks written during 1888, . 326,550 00 



Total, $1,431,280 00 

Risks terminated during 1888, . 265,350 00 



In force at end of year, 



Cash prems. 

$9,639 98 
3,764 35 

§13,404 33 
2,328 80 



§1,165,930 00 $11,075 53 



Losses incurred during the year, 

Percentage of surplus returned during 1888, 25 per cent. 



Deposit notes. 

$9,639 98 
3,764 35 

$13,404 33 
2,328 80 

$11,075 53 
$104 92 



NEWBURYPORT MUTUAL FIRE INSURANCE COMPANY, 

NEWBURYPORT. 

[Incorporated February, 1829. Commenced business May 1, 1829.] 

Amos Noyes, President. Chas. J. Brock way, Secretary. 

Detailed Statement of Stocks, 

100 shares Merchants' Nat'l Bank, Newburyp't, 

18 " Mechanics' Natl Bank, Newburyp't, 

31 " Ocean National Bank, Newburyp't, 

15 " Washington National Bank, Boston, 

10 " Hide & Leather Nat'l Bank, Boston, 
9 " Traders' National Bank, Boston, . 

10 " Market National Bank, Boston, 

10 " Shoe & Leather Nat'l Bank, Boston, 

14 " Chicago, Burl, and Quincy R. R., . 

10 " Atch., Topeka and Santa Fe R. R., 

Lawrence city bonds, 

Lowell city bonds, 

Fall River city bonds, 

Rutland Railroad bonds, 

Atch., Topeka and Santa Fe Railroad bonds, . 
Chicago, Burl, and Northern Railroad bonds, . 
Chicago, Kansas and Western Railroad bonds, 



Bonds, etc. 




Par value. 


Market value. 


$2,000 00 


$2,600 00 


1,800 00 


2,250 00 


1,550 00 


2,046 00 


1,500 00 


1,830 00 


1,000 00 


1,220 00 


900 00 


828 00 


1,000 00 


925 00 


1,000 00 


1,015 00 


1,400 00 


1.540 00 


1,000 00 


580 00 


1,000 00 


1,100 00 


2,000 00 


2,040 00 


1,000 00 


1,100 00 


1,500 00 


1,560 00 


2,000 00 


1,700 00 


2,000 00 


1,970 00 


2,000 00 


1,840 00 


124,650 00 


626,144 00 



1888.] 



INSURANCE COMPANIES. 



55 



Summary of Assets Dec. 31, 1888 



Loans on mortgage of real estate (first liens), 
Stocks, bonds, etc., as per schedule, 
Cash in the office of the company, 
Cash deposited in bank, 
Interest due and accrued, . 
Office furniture, etc., .... $200 00 
Gross assets, 



$ 2,700 00 

26,144 00 

18 21 

1,665 76 

95 00 



$30,622 97 



Liabilities. 

Unearned premiums on outstanding risks, 

Rents due and accrued, .... 

Gross liabilities, 



$4,355 38 
22 00 



4,377 38 



Surplus, $26,245 59 



Income. 

Cash premiums received during the year, 
Deduct return premiums, .... 

Net cash premiums received, . 
Received for interest on mortgages, 

for interest from all other sources, 

from policy fees, 

Gross cash income, .... 



$1,216 75 
17 13 

$1,199 62 

162 00 

1,617 86 

47 75 

$3,027 23 



Expenditures. 
Paid for losses during the year, .... 
for salaries and fees of officers and employees, 
for State and local taxes, .... 

for rents, 

for profits or surplus on terminated policies, 
for incidental expenses, .... 

Gross cash expenditures, .... 



$2,6,56 64 

350 00 

11 88 

100 00 

1,057 75 

100 64 



$4,276 91 



Risks outstanding Dec. 31, 1887, 
Risks written during 1888, 



Miscellaneous. 

Amount. 

$686,485 00 
96,560 00 



Total, 

Risks terminated during 1888, . 

In force at end of vear, 



$783,045 00 
91,360 00 

$691,685 00 



Cash prems. 

$8,631 52 
1,216 75 

$9,848 27 
1,13V 50 

$8,710 77 



Losses incurred during the year, 

Percentage of profits or surplus returned during 1888, 100 per 

Average rate to date, 100 per cent. 

Amount of permanent fund, 



Deposit notes. 

$69,052 16 
9,734 00 

$78,786 16 
9,100 00 



$69,686 16 


$2,656 64 


cent. 


$14,000 00 



56 



MASSACHUSETTS MUTUAL FIRE [Dec. 31, 



NORFOLK MUTUAL FIRE INSURANCE COMPANY, DEDIIAM. 

[Incorporated Feb. 12, 1825. Commenced business July 1, 1825.] 

Ira Cleveland, President. Elijah Howe, Jr., 8< 



Detailed Statement of Stocks, 



50 shares Old Colony Railroad, 

50 " Boston and Lowell Railroad, . 
100 " Boston and Albany Railroad, . 

20 " Boston and Providence Railroad, 
100 " Chic., Burlington and QuincyR. R., 
100 " Atchison, Topeka and Santa FeR. R 

50 " Dedham Water Company, 
Consolidated Street Railway bonds, 
Boston and Providence Railroad bonds, . 
Fitchburg Railroad bonds, 
Grand Avenue Railway (Kansas City) bonds, 
Wichita and Southwestern Railroad bonds, 
Union Pacific Railroad bonds, . 
Oregon Short Line Railroad bonds, . 
Kansas City, St. Joe and C. B. Railroad bonds 
Marquette and Ontonagon Railroad bonds, 
Kan. City, Topeka and Western R. R. bond-. 
Northern Pacific Railroad bonds, 
Philadelphia and Reading Railroad bonds, 
Cowley, Sumner and Ft. Smith R. R bonds, 
Old Colony Railroad bonds, 
Fremont, Elkhorn and Mo. Val. R. R. bonds, 
Atchison, Topeka and Santa Fe R. R. bonds, 
Minneapolis Gas Light Company bonds, . 
Cincinnati city bonds, .... 

Chicago city bonds, 

New England Mortgage Security bonds, 
Washington county (111.) bonds, 
United States bonds, . . * 



Bonds, etc. 

Par value. 

,000 00 

5,000 00 

10,000 00 
2,000 00 

10,000 00 

10,000 00 
5,000 00 
5,000 00 

10,000 00 

20,000 00 
5,000 00 
3,000 00 

26,000 00 

10,000 00 
9,000 00 

32,000 00 
5.000 00 
5,000 00 
8,000 00 
5,000 00 

12,000 00 
5,000 00 

20,000 00 
5,000 00 

25,000 00 
6,000 00 

23,000 00 
5,000 00 
3,000 00 



Market value. 

,402 49 

10 00 

19,906 24 

00 

11,000 00 

•0 00 

5,000 00 

50 00 

10,300 00 

20,000 00 

10 00 

70 00 

27,080 00 

10,250 00 

10,800 00 

34,560 00 

'0 00 

5,600 00 

8^00 00 

00 

13,440 00 

50 00 

20,837 50 

5,375 00 

32,000 00 

6,600 00 

21,850 00 

5,000 00 

3,183 50 



|294,000 00 |327,9M 73 



Summary of Assets Dec 

Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens), 
Stocks, bonds, etc., as per schedule, . 
Cash deposited in bank, . 
Premiums in course of collection (gross), 
Interest due and accrued, .... 
Rents due and accrued, .... 
Gross assets, 



31, 1888. 

314,600 00 
60,976 00 

327,954 73 
9,177 64 
4.471 47 
7.349 75 

n 50 



8425.207 09 



1888.] 



INSURANCE COMPANIES. 



57 



Liabilities 

Losses adjusted, unpaid, . 
Unearned premiums on outstanding risks, 
Return premiums on cancelled policies, 
Surplus due on terminated policies, 
Commissions and brokerage, . 

Salaries, 

Gross liabilities, .... 



Surplus, 



£1,842 21 




3, . 117,122 40 




178 17 




3,466 37 




670 21 




675 00 






$123,954 36 






$301,252 73 



Income. 
Cash premiums received during the year, 
Deduct return j3remiums, .... 

Net cash premiums received, . 

Received for interest on mortgages, 

for interest from all other sources, 
for rents, 

Gross cash income, .... 



12,138 79 
1,517 64 



,621 15 

4,212 52 

18,589 12 

1,442 00" 

$84,864 79 



Expenditures. 
Paid for losses during the year, 

for brokerage and commissions, 
for salaries and fees of officers and employees 
for State and local taxes, .... 
for profits or surplus on terminated policies, 
for incidental expenses, .... 
for repairs on real estate, .... 

Gross cash expenditures, .... 



$16,885 02 
9,234 17 
4.379 50 
949 48 
32,308 75 
1,272 90 
2,630 28 

$67,660 10 



Miscellaneous. 

Amount. Cash prems. Conting't prems. 

Risks outstanding Dec. 31, 1887, $15,399,194 00 $232,040 57 $230,827 66 

Risks written during 1888, . 4,071,245 00 60,486 23 59,181 43 



Total, $19,470,439 00 $ 292,526 80 $290,009 09 

Risks terminated during 1888, 3,856,463 00 58,282 00 56,888 11 



In force at end of year, . 



[5,613,976 00 $234,244 80 $233,120 98 



Losses incurred during the year, $18,727 23 

Percentage of profits or surplus returned during 1888, 33| to 60 per cent. 



58 



MASSACHUSETTS MUTUAL FIRE [Dec. 31 



PAPER MILL MUTUAL INSURANCE COMPANY. 

[Incorporated Nov. 23, 1886. Commenced business April 1, 1887.] 

Edward Atkinson, President. Roland W. Toppan, Secretary. 

Office, 31 Milk Street. 



Summary of Assets. Dec. 31, 1888. 



Cash in the office of the conrpany, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Gross assets, 



•1 12 

20,452 26 
263 10 



$20,716 48 



Liabilities. 
Unearned premiums on outstanding risks, 
Taxes due or accrued, .... 
Gross liabilities, .... 



Surplus, 



§12,446 85 
44 40 



12,491 25 
$8,225 23 



Income. 

Cash premiums received during the year, 
Deduct return premiums, .... 

Net cash premiums received, . 
Received for interest from all sources, . 

Gross cash income, .... 



Expenditures. 
Paid for losses during the year, .... 
for salaries and fees of officers and employees, 

for State and local taxes, 

for incidental expenses, 



$28,347 47 
2,412 77 



$25,934 


70 


332 05 


$26,266 


75 


$18,142 


88 


2,833 


28 


229 


95 


451 


72 



Gross cash expenditures, $21,657 83 



Miscellaneous. 

Amount. 

Risks outstanding Dec. 31, 1887, $1,321,699 00 
Risks written during 1888, . 2,062,020 00 



Total, $3,383,719 00 

Risks terminated during 1888, . 1,551,699 00 



Cash prems. Contingt prems. 

810,031 80 $80,159 00 
28,404 27 142,021 35 



$44,436 07 $222,180 35 
19,542 36 97,711 80 



In force at end of year, . . $1,832,020 00 $24,893 71 
Losses incurred during the year, , 



8124,468 bb 
818.142 88 



1888.] 



INSURANCE COMPANIES. 



59 



PATRONS MUTUAL FIRE INSURANCE COMPANY, 
WORCESTER. 

[Incorporated May 23, 1887. Commenced business Aug. 1, 1887.] 

Norman B. Douglass, President. George R. Chase, Secretary. 



Summary of Assets Dec. 31, 1888. 



Cash deposited in bank, .... 

Premiums in course of collection (gross), 

Gross assets, 



£3,370 79 
500 20 



1,870 99 



Liabilities. 

Losses adjusted, unpaid, .... 
Losses claimed and reported, . 

Total amount of losses, 
Unearned premiums on outstanding risks, 
Return premiums on cancelled policies, . 
Commissions and brokerage, . 
Salaries, 

Gross liabilities, 



$2,500 00 


100 00 


$2,600 00* 


3,207 


14 


8 


55 


30 


00 


323 


37 



6,169 06 



Balance against the company, . 



$2,298 07 



Income. 
Cash premiums received during the year, 
Deduct return premiums, .... 



Net cash premiums received, . 
Received for interest from all sources, 
from advertising, 

Gross cash income, . 



$2,o,<so 


57 


53 


94 


$2,769 


63 


42 


85 


70 


00 



!,882 48 



Expenditures. 
Paid for losses during the year, 

for brokerage and commissions, 
for salaries and fees of officers and employees, 
for State and local taxes, .... 
for incidental expenses, . . • 

Gross cash expenditures, .... 



$373 


89 


165 


25 


1,152 81 


46 58 


184 


20 



$1,922 73 



* An assessment has been ordered for the payment of these losses, and is in process of 
collection. 



60 



MASSACHUSETTS MUTUAL FIRE [Dec. 31, 



Miscellaneous. 

Amount. 

Risks outstanding Dec. 31, 1887, $609,285 00 
Risks written during 1888, . 425,482 00 



Total, .... 
Risks terminated during 1888, 



,034,767 00 
24,300 00 



In force at end of year, . . $1,010,467 00 
Losses incurred during the year, 



[>rems. Conting't prems. 

$3,899 05 1 11,697 15 



2,671 23 

70 28 
166 00 

$6,414 28 



L3 69 

$19,710 84 

$19,242 34 



QULNCY MUTUAL FIRE INSURANCE COMPANY, QUINCY. 

[Incorporated March 22, 1S51. Commenced business May, 1851.] 

Charles A. Howland, President. William H. Fay, Secretary. 



88 shares 


200 


k 


222 


u 


70 


u 


50 


u 


40 


u 


35 


u 


66 


It 


45 


u 


37 


u 


50 


l< 


46 


(( 


75 


u 


25 


u 


100 


M 


219 


U 


94 


u 


50 


u 


64 


u 


48 


u 


77 


It 


10 


u 


50 


u 


29 


u 


25 


u 


45 


a 


300 


u 


11 


11 


107 


M 



Detailed Statement of Stocks, Bonds, etc. 

Par value. Market value. 

Rockland National Bank, Boston, . 00 $13,200 00 

Manufacturers' Natl Bank, Boston, 20,000 00 19.200 00 

Third National Bank, Boston, . 22,200 00 23,100 00 

Second National Bank, Boston, . 7,000 00 11,200 (X) 

First National Bank, Boston, . . 5,000 00 11,500 00 

Merchants' National Bank, Boston, 4.000 00 5,600 00 

State National Bank, Boston, . . 3,500 00 lb 00 

Washington National Bank, Boston, 6,600 00 20 00 

Blackstone National Bank, Boston, 4,500 00 4,950 00 

Revere National Bank, Boston, .. 3,700 00 25 00 

Hamilton National Bank, Boston, . 5,000 00 6,000 00 

Continental National Bank, Boston, 4,600 00 28 00 

Redemption National Bank, Boston, 7.500 00 "0 00 

Market National Bank, Boston, . 2,500 00 00 

North National Bank, Boston, . 10,000 00 13,500 00 

Mt. Wollaston Nat'l Bank, Quincy, 21,900 00 31,755 00 

Granite National Bank, Quincy, . 9,400 00 12,690 00 

Wachusett Nat'l Bank, Fitchburg, . 5,000 00 10,000 00 

Hingham Nat'l Bank, Hingham, . 4.480 00 4.480 00 

First National Bank, So. Weymouth, 4,800 00 6,000 00 

Union National Bank, Weymouth, . 7.700 00 -.-35 00 

Quinsigamond Nat. Bank, Worc'st'r, 1,000 00 , 1.100 00 

Brockton National Bank, Brockton, 5,000 00 5,500 00 

Plymouth National Bank, Plymouth, 2,900 00 3.335 00 

First National Bank, West Newton,' 2,500 00 2,500 00 

Citizens 1 Gas Light Company . . -00 00 '0 00 

Boston and Lowell Railroad, . . 30,000 00 45.000 00 

Old Colony Railroad, . . . 1,100 00 1.-70 00 

Hingham Cordage Company, . . 10,700 00 10.700 00 



1888.] 



INSUKANCE COMPANIES. 



61 



178 shares Lawrence Duck Company, 

8 " Quincy Street Railway Company, 
East Middlesex Street Railway bonds, . 
Citizens' Gas Light Company, note, 



Par value. 

$17,800 00 

800 00 

10,000 00 

7,000 00 



Market value. 

$17,800 00 

800 00 

10,000 00 

7,000 00 



$261,480 00 $326,683 00 



Securities held as collateral for cash loans : — 

350 shares Union Mills Company, Detroit, 
Bath city bonds, .... 
Warehouse receipts, .... 
175 shares Eastern Railroad, . 
100 " Conn, and Passump. R. R. 
27 " Massachusetts Valley R. R., 
Atchison Railroad bonds, . 
100 shares American Bell Telephone Company, 
175 " Erie Telephone Company, 



Market value. 

$8,750 00 
20,000 00 
19,389 05 
15,400 00^ 
11,200 00 

2,700 00 ( 
980 00 
20,200 00 

5,775 00 



$104,394 05 $93,500 00 



Loaned thereon. 

$8,000 00 
15,000 00 
18,000 00 



52,500 00 



Summary of Assets Dec. 31, 1888. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens) , 
Stocks, bonds, etc., as per schedule, . 
Loans on collateral security, as per schedule, 
Loans on personal security, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross) , 
Interest due and accrued, .... 
Rents due and accrued, .... 
Gross assets, 

Liabilities. 
Losses adjusted, unpaid, .... 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Returned premiums on cancelled and termi 

nated policies, 

Salaries and incidental expenses, 
Gross liabilities. - 



Surplus, 



$15,000 00 

72,050 00 

326,683 00 

93,500 00 

15,000 00 

440 00 

37,046 76 

11,264 42 

4,702 62 

212 50 



$13 75 

1,913 00 

228,255 78 

6,000 00 

1,000 00 



$575,899 30 



237,182 53 



,716 77 



Income. 

Cash premiums received during the year, 
Received for interest on mortgages, 

for interest from all other sources, 



$128,700 15 

5,635 26 

21,674 43 



62 



MASSACHUSETTS MUTUAL FIRE [Dec. 31, 



Received for rents, .... 
from Pacific Bank dividend, 



|911 42 
738 36 



Gross cash income, $157,659 62 



Expenditures. 
Paid for losses during the year, .... 
for brokerage and commissions, 
for salaries and fees of officers and employees, 

for State and local taxes, 

for profits or surplus on terminated policies, . 
for incidental expenses, 

Gross cash expenditures, 



;.316 82 
20,414 38 
10,032 02 

2,568 46 
.353 48 

8,225 13 

1137,910 29 



Miscellaneous . 

Amount. Cash prems. Deposit notes. 

Risks outstanding Dec. 31, 1887, $30,543,990 00 8443,346 08 8443.346 08 

Risks written during 1888, . 9,143,439 00 130,396 50 130.396 50 



Total, .... $39,687,429 00 6573,742 58 12 58 

Risks terminated during 1888, 8,317,632 00 117,23102 117.231 02 



In force at end of year, . $31,369,797 00 f 456,511 53 $450.51156 

Losses incurred during the year, $43,365 64 

Percentage of profits or surplus returned during 1888, 20, 40, 60 per cent. 
Amount of permanent fund, |75,000 00 



RUBBER MANUFACTURERS MUTUAL INSURANCE COMPANY. 

BOSTON. 

[Incorporated Nov. 4, 1884. Commenced business Jan. 15, 18S5.] 

E. S. Converse, President. B. F. Taft, Secretary. 

Office, 31 Milk Street. 

Detailed Statement of Stocks, Bonds, etc. , 

Par value. Market value. 

Atch , Topeka and Santa Fe Railroad bonds, . §11,000 00 - \oo^ 81 

Boston and Lowell Railroad bonds, . . . 10,000 00 10,133 33 

Maine Central Railroad bonds, . . . 4,000 00 K) 00 

Fitchburg Railroad bonds, .... 5,000 00 5,270 00 

Ticonderoga Pulp and Paper Company bonds, 5,000 00 5.100 00 

Corporation notes, 73,750 00 74,857 25 



1108,750 00 $108,801 39 



1888.] 



INSURANCE COMPANIES. 



(53 



Summary of Assets Dec 

Stocks, bonds, etc., as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Gross assets, 



31, 1888. 

$108,801 39 

229 39 

11,621 53 

589 69 



$121,242 00 



Liabilities. 

Losses claimed and reported, .... $13,500 00 

Unearned premiums on outstanding risks, . 32,328 98 

Taxes, 156 46 

Gross liabilities, 



45,985 44 



Surplus, $75,256 56 



Income. 
Cash premiums received during the year, 
Deduct return premiums, .... 

Net cash premiums received, . 
Received for interest from all sources, . 
from inspections, 

Gross cash income, .... 



$70,979 75 
6,321 80 



$64,657 95 

5,616 32 

1,191 80 

$71,460 07 



Expenditures. 
Paid for losses during the year, .... 
for salaries and fees of officers and employees, 
for State and local taxes, ..... 

for rents, 

for profits or surplus on terminated policies, . 
for incidental expenses, 

Gross cash expenditures, 



$5,365 98 

4,931 00 

638 18 

777 41 

25,969 95 

2,747 75 

$40,430 27 



Miscellaneous. 

Amount. Cash prems. Conting't prems. 

Risks outstanding Dec. 31, 1887, $4,143,853 00 $51,654 54 $258,272 70 

Risks written during 1888, . 5,704,045 00 64,806 52 324,032 60 



Total, .... $9,847,898 00 $116,461 06 $582,305 30 

Risks terminated during 1888, . 4,544,451 00 51,803 11 259,015 55 



In force at end of year, . . $5,303,447 00 $64,657 95 $323,289 75 

Losses incurred during the year, $18,865 98 

Percentage of profits or surplus returned during 1888, 50 per cent. 
Average rate to date, 50 per cent. 



64 



MASSACHUSETTS MUTUAL FIRE [Dec. 31, 



SALEM MUTUAL FIRE INSURANCE COMPANY, SALEM. 

[Incorporated April 17, 1838. Commenced business May, 1838.] 

Charles S. Nichols, President. Samuel A. Potter, Secretary. 



Detailed Statement of Stocks, Bonds, etc. 

Par value. Market value. 

20 shares Salem National Bank, . . . .000 00 $2,600 00 

14 " Asiatic National Bank, Salem, . . 420 00 .016 00 
5 " Exchange National Bank, Salem, . 500 00 585 00 

15 " Salem Gas Light Company, . . 1,500 00 1,620 00 
7 " Eastern Railroad Company, . . 700 00 850 50 

Cincinnati city bonds, 2,000 00 2,610 00 

Toledo city bonds, 1,000 00 1,140 00 

Springfield city bonds, 1,000 00 1,340 00 

Cleveland city bonds, 1,000 00 1,080 00 

Peoria city bonds, 1,000 00 1,020 00 

Chelsea city bonds 1,000 00 1,040 00 

Chicago city bonds, 1,000 00 1,080 00 

St. Louis city bonds, 1,000 00 1,030 00 

Keene city bonds, 1,000 00 1,060 00 

St. Louis county bonds, 1,000 00 1,070 00 

Boston and Maine Railroad bonds, . 1,000 00 1,120 00 

Boston and Lowell Railroad bonds, . . . 2,000 00 2,160 00 



§19,120 00 $21,951 50 



Summary of Assets Dec. 31, 1888. 



Loans on mortgage of real estate (first liens), 
Stocks, bonds, etc., as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Interest due and accrued, .... 
Gross assets, 



s:>3,375 00 

21,951 50 

53 38 

150 00 

759 83 

1,239 31 



$57,529 02 



Liabilities. 

Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Surplus due on terminated policies, 
Commissions and brokerage, . 
Salaries and incidental expenses, 

Gross liabilities, 

Surplus, 



$213 85 




6,977 70 




466 15 




62 62 




373 76 






8,094 08 




. 


$49,434 94 



1888.] 



INSURANCE COMPANIES. 



65 



Income. 

Cash premiums received during the year, 
Deduct return premiums, .... 



Net cash premiums received, .... 
Received for interest on mortgages, 

for interest from all other sources, . 



Gross cash income, 



$5,919 06 
71 58 

$5,847 48 
1,955 89 
1,217 70 

$9,021 07 



Expenditures. 

Paid for losses during the year, 

for brokerage and commissions, 

for salaries and fees of officers and employees 

for State and local taxes, .... 

for rents, 

for profits or surplus on terminated policies, 
for incidental expenses, .... 



Gross cash expenditures, 



$105 50 


238 51 


1,284 00 


24 70 


300 00 


2,593 53 


106 35 



$4,652 59 



Miscellaneous. 

Amount. 

Risks outstanding Dec. 31, 1887, $892,650 00 
Risks written during 1888, . 414,025 00 



Total, . . . . . $1,306,675 00 
Risks terminated during 1888, . 401,725 00 



In force at end of year, 



Cash prems. 

$13,613 73 
5,946 83 

$19,560 56 
5,605 17 



$904,950 00 $13,955 39 



Losses incurred during the year, 

Percentage of profits or surplus returned during 1888, 50 per cent. 
Average rate to date, 40 per cent. 



Deposit notes. 

$40,840 18 
9,778 00 

$50,618 18 
36,662 79 

$13,955 39 
$319 35 



SALISBURY AND AMESBURY MUTUAL FIRE INSURANCE 
COMPANY, AMESBURY. 

[Incorporated May 18, 1855. Commenced business June 13, 1855.] 

George F. Bagley, President. Charles L. Allen, Secretary. 



Summary of 

Cash in the office of the company 
Cash deposited in bank, . 
Office safe, .... 
Gross assets, 


Assets Dec. 
, . . . 

. $100 00 


31, 


1888. 

$31 35 
1,106 40 



$1,137 75 



66 



MASSACHUSETTS MUTUAL FIRE [Dec. 31, 



Liabilities. 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Gross liabilities, .... 



Balance against the company, 



Income. 
Cash premiums received during the year, 
Deduct return premiums, 



Net cash premiums received, . 
Received for interest from all sources, 

from assessments on deposit notes, 



Gross cash income, 



$810 00 
1,322 88 



$2,132 88 
§995 13 



$292 09 
24 20 

$268 49 

12 18 

2,725 84 

$3,006 51 



Expenditures. 
Paid for losses during the year, .... 
for salaries and fees of officers and employees, 
for interest on borrowed money, 
for State and local taxes, .... 
for profits or surplus on terminated policies, 
for incidental expenses, .... 



Gross cash expenditures, 



$2,875 


00 


185 


26 


24 80 


29 


35 


24 28 


81 


25 



$3,219 94 



Miscellaneous. 



Risks outstanding Dec. 31, 1887, 
Risks written during 1888, 

Total, .... 

Risks terminated during 1888, . 

In force at end of year, . 
Losses incurred during the year, 



Amount. 

$350,385 00 
34,730 00 

$385,115 00 
64,820 00 

$320,295 00 



Cash prems. 

$2,816 60 
292 69 

§3,109 29 
463 52 

$2,645 77 



Deposit notes. 

-,166 00 
2,926 90 

§31,092 90 
4,635 20 

§26,457 70 
$3,685 00 



1888.] 



INSURANCE COMPANIES. 



67 



SAUGUS MUTUAL FIRE INSURANCE COMPANY, 

SAUGUS. 

[Incorporated Feb. 24, 1852. Commenced business April 1, 1852.] 

Harmon Hall, President. Wilbur F. Newhall, Secretary. 

[Note. — This company insures nothing but dwellings, farm buildings and their contents, in 
Lynn, Saugus, Lynnfield, Swampscott and Nahant. No cash premiums are taken; but assess- 
ments are made on deposit notes, to pay losses and expenses. All policies are issued for a term 
of three years.] 

Summary of Assets Dec. 31, 1888. 



Cash in the office of the company, . 
Cash deposited in bank, . 
Unpaid assessments on deposit notes, 
Gross assets, .... 



f293 71 

3,000 00 

155 00 



13,448 71 



Income. 

Received from assessments on deposit notes, . 

for rents, 

from policy fees, .... 



Gross cash income, 



$1,803 45 

76 67 

642 00 

$2,522 12 



Expenditures. 

Paid for losses during the year, .... 
for salaries and fees of officers and employees, 

. for State and local taxes, 

for rents, 

for incidental expenses, 



Gross cash expenditures, . 



$940 82 

1,400 00 

18 45 

175 00 

226 48 

$2,760 75 



Miscellaneous. 



Risks outstanding Dec. 31, 1887, 
Risks written during 1888, 

Total, . . . ... 

Risks terminated during 1888, 

In force at end of year, . 

Losses incurred during the year, 
Assessments laid on deposit notes, . 



Amount. Deposit notes. 

52,941,250 00 $361,849 00 
1,027,400 00 126,386 00 



$3,968,650 00 $488,235 00 
959,825 00 117,965 00 



!,008,825 00 $370,270 00 

$940 82 
1,874 10 



68 



MASSACHUSETTS MUTUAL FIRE [Dec. 31, 



SHELBURNE MUTUAL FERE INSURANCE COMPANY, 

SHELBURNE. 

[Incorporated July, 1877. Commenced business July 4, 1877.] 

Amasa Bardwell, President. Elisiia B. Alvord, Secretary. 

[Note. — Insures property in the town of Shelburne only.] 

Summary of Assets Dec. 31, 1888. 

Cash in office and bank, §427 33 

Gross assets, $427 33 

Income. 
Cash premiums received during the year, .... $30 00 

Received for interest from all sources, 15 14 

Gross cash income, f 45 14 

Expenditures. 
Paid for salaries and fees of officers and employees, . $2 00 

for State and local taxes, 64 

Gross cash expenditures, $2 64 

Miscellaneous. 

Amount. Cash prems. Deposit notes. 

Risks outstanding Dec. 31, 1887, $81,050 00 $490 93 $4,909 30 

Risks written during 1888, . 4,800 00 30 00 300 00 

Total, $86360 00 $520 93 $6,209 30 

Risks terminated during 1888, . 4,800 00 30 00 228 80 

In force at end of year, . . §81,050 00 $490 93 $4,980 50 



SOUTH DANVERS MUTUAL FIRE INSURANCE COMPANY, 

PEABODY. 

[Incorporated June 12, 1829. Commenced business Aug. 1, 1S29.] 

AVm. P. Clark, President. Geo. M. Foster, Secretary. 



Detailed Statement of Stocks, Bonds, etc. 



100 shares So. Danvers Nat'l Bank, Peabody, . 
48 " Warren National Bank, Peabody, . 
51 " Asiatic National Bank, Salem, 
20 " Naumkeag National Bank. Salem, 
18 " Exchange National Bank, Salem, . 
12 " First National Bank, Salem, . 



Par value. 

610,000 00 

4,800 00 

1,530 00 

2,000 00 

1,800 00 

1,200 00 



Market ralne. 

814,300 00 
6,264 00 
1,989 00 
2.715 00 
2.106 00 
1.560 00 



1888.} 



INSUKANCE COMPANIES. 



69 



Par value. Market value. 

34 shares First National Bank, Danvers, . f 2,550 00 $2,890 00 

30 " Hide & Leather Natl Bank, Boston, 3,000 00 3,660 00 

8 " Andover National Bank,. . . 800 00 1,121 00 

10 " Manufacturers 1 Nat'l Bank, Boston, 1,000 00 962 50 

1 share Cape Ann Nat'l Bank, Gloucester, . 100 00 140 00 

10 shares Naumkeag Steam Cotton Co , Salem, 1,000 00 1,015 00 

20 " Androscoggin Mills, . . . 2,000 00 2,530 00 

United States bonds, 5,000 00 5,425 00 

Cincinnati city bonds, 3,000 00 3,690 00 

Wakefield Water Company bonds, . . . 2,000 00 2,020 00 

Eastern Railroad bonds, 2,000 00 2,480 00 

Boston and Maine Railroad bonds, . . . 2,000 00 2,210 00 

Ogdensburg and Lake Champlain R. R. bonds, 2.000 00 2,000 00 



Stocks, bonds, etc., as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 

Interest accrued, 

Gross assets, 

Liabilities. 
Unearned premiums on outstanding risks, 
Surplus clue on terminated policies, 
Salaries and incidental expenses, 

Gross liabilities, .... 



$47,780 00 


§59,077 50 


3. 31, 1888. 




$59,077 50 




29 00 




6,431 13 




4 25 




437 58 






§65,979 46 




§11,643 86 




485 50 




315 00 






12,444 36 





Surplus, 



i3,535 10 



Income. 

Cash premiums received during the year, 
Deduct return premiums, .... 



Net cash premiums received, . 
Received for interest from all sources, 
from policy fees, 



Gross cash income, 



§3,159 19 
201 25 

$2,957 94 

3,049 80 

110 00 

$6,117 74 



Expenditures. 
Paid for losses during the year, .... 
for salaries and fees of officers and employees, 

for State and local taxes, 

for profits or surplus on terminated policies, . 
for incidental expenses, 

Gross cash expenditures, 



$840 00 


1,230 00 


29 


67 


2,625 


38 


24 


75 


$4,749 


80 



70 



MASSACHUSETTS MUTUAL FIRE [Dec. 31, 



Miscellaneous. 

Amount. 

Risks outstanding Dec. 31, 1887, $ 1,066,737 00 
Risks written during 1888, . 147,700 00 



Total, fl,214,437 00 

Risks terminated during 1888, . 135,500 00 



In force at end of year, 



Cash prems. 

823,113 16 
3,159 19 

§26,272 35 
2,984 63 



. ?1,078,937 00 f23,287 72 



Losses incurred during the year, 

Percentage of profits or surplus returned during 1888, 100 per cent 



Deposit notes. 

| 139 48 

9,477 07 

178317 05 

8,953 89 

869,863 16 

?840 00 



TRADERS AND MECHANICS MUTUAL FIRE INSURANCE 
COMPANY, LOWELL. 

[Incorporated June, 1848. Commenced business June, 1848.] 

Levi Sprague, President. Edward M. Tucke, Secretary. 



Detailed Statement of Stocks, 



Conn, and Passumpsic Railroad bonds, 
Cook County (111.) bonds, 
East Middlesex Street Railroad bonds, 
Lowell city bonds, .... 

20 shares Androscoo-o-in Mills, 
2 

50 

100 

5 

3 

10 

15 

30 

30 

20 

50 

25 



Hamilton M'f'g Company, 
Lawrence Gas Company, 
Lowell Gas Company, 
Lowell Manufacturing Company, 
Massachusetts Cotton Mills, . 
Merrimack M'f'g Company, . 
Middlesex Mills, 
Tremont and Suffolk Mills, . 
Old Lowell National Bank, 
Nat'l Bank of North America, 
Connecticut River Railroad, . 
Vermont and Massachusetts R. R., 



Bonds, etc. 

Par value. 

$1,000 00 
2,000 00 

10,000 00 
3,000 00 
2,000 00 
2,000 00 
5,000 00 

10,000 00 
3,450 00 
3,000 00 

10,000 00 
1,500 00 
3,000 00 
3,000 00 
2,000 00 
5,000 00 
2,500 00 



Securities held as collateral for cash loans : — 

1 share Appleton Company, .... 
13 shares Tremont and Suffolk Mills, . 



6 

2 
3 
6 
8 
350 



Everett Mills, .... 
Lowell Manufacturing Company, 
D wight Manufacturing Company, 
Conn, and Passumpsic Railroad, 
Vermont and Mass. Railroad, . 
N. E. Telephone Company, . 



Market value. 

81.100 00 
00 

50 00 
3,000 00 
2,500 00 
1,82 

7,000 00 

20,000 00 

3,000 00 

3,300 00 

50 00 
2,325 00 
3,750 00 
3,750 00 
2,240 00 
9,000 00 
3,375 00 



§68,450 00 890,360 00 

Market value. Loaned thereon. 

?665 00) 

3,750 00 > ?5,000 00 

360 00' 
1,200 00 ^ 
2,100 00 I 

600 00 [ 12,600 00 
1.200 00 j 
15,400 00 J 



1888.] 



INSURANCE COMPANIES. 



71 



100 shares Erie Telephone Company, 
17 " N. E. Telephone Company, 
1 " Appleton Company, 
50 " Erie Telephone Company, 

200 " Erie Telephone Company, 

Mexican first mortgage bond, . 
33 shares Fireman's Fund Ins. Company 
25 " West End Land Company, 
23 " Quincy Mining Company, 
5 " Atch., Top. and Santa Fe R. R 

100 " Am. Investment Company, 

500 " Erie Telephone Company, 
20 " American Bolt Company, 
45 " American Bolt Company, 
50 " Old Lowell National Bank, 
15 " Lowell Bleachery, . 

Lexington (Ky.) water bonds, . 

6 shares Vermont and Massachusetts R. R., 



Excess of loan over market value, 



Market value. 

f3,200 00 
748 00 
665 00 
1,600 00 
6,400 00 
1,000 00} 
3,300 00 < 
575 00^ 
1,840 00} 
275 00 \ 
12,000 00 > 
16,000 00 
2,000 00 
4,500 00 
6,250 00 
2,100 00 
•2,000 00 
750 00 

f90,478 00 



Loaned thereon. 

$2,250 00 

765 50 

200 00 

1,250 00 

5,500 00 

4,000 00 



5,000 00 

12,500 00 
1,200 00 
4,000 00 
5,300 00 
1,500 00 
2,000 00 
750 00 

$63,815 50 
242 50 

$63,573 00 



Summary of Assets Dec 
Loans on mortgage of real estate (first liens), 
Stocks, bonds, etc., as per schedule, . 
Loans on collateral security, as per schedule, 
Loans on personal security, 
Cash in the office of Co. and dep. in bank, 
Premiums in course of collection (net) , . 
Interest due and accrued, .... 
Gross assets, 



31, 1888. 

$189,571 00 

90,360 00 

63,573 00 

193,000 00 

13,957 26 

6,642 21 

8,104 18 



$565,207 65 



Liabilities. 
Unearned premiums on outstanding risks, 
Gross liabilities, 



$197,428 78 



197,428 78 



Surplus, . . , |367,778 87 



Income. 

Cash premiums received during the year, 
Deduct return premiums, 



Net cash premiums received, . 
Received for interest from all sources, . 



$116,385 86 
2,565 86 

$113,820 00 
29,386 39 



Gross cash income, . . 



$143,206 39 



72 



MASSACHUSETTS MUTUAL FIRE [Dec. 31, 



Expenditures. 
Paid for losses during the year, 

for brokerage and commissions, 

for salaries and fees of officers and employees, 

for State and local taxes, .... 

for rents, 

for profits or surplus on terminated policies, 



Gross cash expenditures, 



Miscellaneous. 

Amount. Cash prems. 

Risks outstanding Dec. 31, 1887, $23,830,840 00 $356,107 90 

Risks written during 1888, . 7,770,790 00 115,991 31 



Total, .... $31,601,630 00 

Risks terminated during 1888, . 5,231,435 00 



$472,099 21 
77,241 64 



$41,001 59 

16,810 25 

14,141 24 

1,714 92 

450 00 

40,816 19 

§114,934 19 



Conting't prems . 

1,107 90 

115,991 31 

$472,099 21 
77,241 64 



In force at end of year, 



. $26,370,195 00 $394,857 57 $394,857 57 



Losses incurred during the year, 1,001 59 

Percentage of profits or surplus returned during 1888, 30, 50, 70 per cent. 



WESTFORD MUTUAL FIRE INSURANCE COMPANY, WESTFORD. 

[Incorporated March 10, 1840. Commenced business July, 1840.] 

Allan Cameron, President. J. Henry Read, Secretary. 



Summary of Assets Dec. 31, 1888. 

Loans on mortgage of real estate (first liens), 
Loans on personal security, 
Cash in the office of the company, 
Cash deposited in bank, . 
Interest accrued, 
Gross assets, 



$1,650 


00 


286 


00 


336 


00 


3,098 


64 


76 


00 



$5,446 64 



Liabilities. 
Unearned premiums on outstanding risks, . $1,430 37 
Gross liabilities, 



Surplus, 



1,430 37 
$4,016 27 



Income. 

Cash premiums received during the year, 
Deduct return premiums, . . - . 



Net cash premiums received, . 
Received for interest on mortgages, 

Gross cash income, . . . 



$704 


55 


1 


20 


$708 


35 


194 98 



f8 B 33 



1888.] 



INSURANCE COMPANIES. 



73 



Expenditures. 

Paid for salaries and fees of officers and employees, 

for State and local taxes, 

for incidental expenses, 

Gross cash expenditures, 

Miscellaneous. 

Amount. 

Risks outstanding Dec. 31, 1887, $340,285 00 
Risks written during 1888, . 84,750 00 



Total, $425,035 00 

Risks terminated during 1888, . 66,950 00 



In force at end of year, 



$10 00 

6 39 

34 95 



$51 34 



Cash prems. Conting't prems. 

$2,903 62 $8,710 86 
704 55 2,113 65 



$3,608 17 $10,824 51 
747 42 2,242 26 



$358,085 00 $2,860 75 $8,582 25 



WEST NEWBURY MUTUAL FIRE INSURANCE COMPANY, 

WEST NEWBURY. 

[Incorporated March, 1828. Commenced business April, 1828.] 

William Merrill, President. Henry T. Bailey, Secretary. 

[Note. — This company charges no cash premium, but relies upon assessments on deposit 
notes to pay losses and expenses.] 



Office furniture, 



Summary of Assets Dec. 31, 1888 
. $100 00 



Liabilities. 
Losses claimed and reported, . 
Due for borrowed money, 
Rents, salaries and incidental expenses, . 
Gross liabilities, .... 

Income. 

Received from assessments on deposit notes, 
from policy fees, 



$250 00 

2,121 84 

343 00 


$2,714 84 

$149 04 
158 00 


• 



Gross cash income, 



Expenditures. 
Paid for losses during the year, 

for brokerage and commissions, 

for salaries and fees of officers and employees, 

for interest on borrowed money, 

for State and local taxes, .... 

for rents, 

for incidental expenses, .... 

Gross cash expenditures, .... 



$307 04 



$279 75 

48 52 
385 50 

95 90 

1 29 

15 00 

49 18 

$875 14 



74 



MASSACHUSETTS MUTUAL FIRE [Dec. 31, 



Miscellaneous 



Risks outstanding Dec. 31, 1887, 
Risks written during 1888, 

Total, 

Risks terminated during 1888, . 

In force at end of year, . 
Losses incurred during the year, 



Amount. 

12,691,647 00 

363,802 00 

$3,055,449 00 

312,306 00 

12,743,083 00 



Deposit notes. 

SI 18,967 54 

20,387 30 

£169,354 84 
17,925 

flol,429 7G 
|529 75 



WORCESTER MANUFACTURERS MUTUAL INSURANCE 
COMPANY, WORCESTER. 

[Incorporated March 31, 1855. Commenced business March 31, 1855.] 

George M. Rice, President. Samuel R. Barton, Secretary. 



Detailed Statement of Stocks, 


Bonds, etc. 






Par value. 


Market value. 


Boston and Albany Railroad bonds, . 


$26,000 00 


8,340 00 


Fitchburg Railroad bonds, .... 


30,000 00 


31,725 00 


Old Colony Railroad bonds, .... 


25,000 00 


28,500 00 


Providence and Worcester Railroad bonds, 


13,000 00 


14320 00 


Chicago, Burlington and Quincy R. R. bonds, 


25,000 00 


22,937 50 


Chicago and E. Illinois R. R. bonds, 


15,000 00 


17,700 00 


Worcester Consolidated Street R. R. bonds, . 


14,000 00 


14.700 00 


Worcester city bonds, 


10,000 00 


10,750 00 


60 shares City National Bank, Worcester, 


6,000 00 


7300 00 


Corporation notes, 


45,000 00 


45,000 00 


« 


$209,000 00 


8222,272 50 


Summary of Assets Dec. 31 


., 1888. 




Stocks, bonds, etc., as per schedule, 


§222,272 50 




Cash in the office of the company, . 


18 00 




Cash deposited in bank, 


21,745 25 




Gross assets, 

Liabilities. 




8244,035 75 




Losses adjusted, unpaid, 


£42 52 




Losses claimed and reported, .... 


256 00 




Unearned premiums on outstanding risks, 


96,893 23 






318 82 




Gross liabilities, 




07 510 57 




t/i«t/A\y u % 




8146,525 IS 



1888.] 



INSURANCE COMPANIES. 



75 



Income. 
Cash premiums received during the year, 
Deduct return premiums, .... 



Net cash premiums received, .... 
Received for interest from all sources, . 
from profit on bonds sold, 

Gross cash income, 

Expenditures. 

Paid for losses during the year, .... 
for salaries and fees of officers and employees, 

for State and local taxes, 

for rents, 

for profits or surplus on terminated policies, . 

for inspections, 

for incidental expenses, 



$196,036 06 
3,586 29 

$192,449 77 

12,113 95 

2,712 50 

$207,276 22 



$25,877 00 

4,443 80 

1,901 27 

500 00 

150,499 45 
3,124 00 
1,024 38 



Gross cash expenditures, $187,369 90 



Miscellaneous. 

Amount. Cash prems. 

Risks outstanding Dec. 31, 1887, $20,896,797 00 $184,370 39 

Risks written during 1888, . 21,980,160 00 196,036 06 



Total, 



. $42,876,957 00 $380,406 45 



Risks terminated during 1888, 21,314,497 00 186,619 99 



Conting't prems. 

$913,658 65 
980,180 30 

$1,893,838 95 
931,174 30 



In force at end of year, . . $21,562,460 00 $193,786 46 $962,664 65 

Losses incurred during the year, $25,919 94 

Percentage of profits or surplus returned during 1888, 81 -|- per cent. 
Average rate to date, 67 -f- per cent. 



WORCESTER MUTUAL FIRE INSURANCE COMPANY, 

WORCESTER. 

[Incorporated February, 1823. Commenced business March, 1824.] 

John A. Fayerweather, President. Roger F. UniAM, Secretary. 



Detailed Statement of Stocks, Bonds, etc. 



170 shares Worcester National Bank, 



200 
50 
22 
57 
45 



City National Bank, 
Citizens 1 National Bank, 
Central National Bank, . 
Mechanics' National Bank, 
Quinsigamond National Bank, 



Par value. 

$17,000 00 
20,000 00 
5,000 00 
2,200 00 
5,700 00 
4,500 00 



Market value. 

$23,800 00 
26,600 00 
6,500 00 
3,080 00 
7,125 00 
5,175 00 



76 



MASSACHUSETTS MUTUAL FIRE [Dec. 31, 



40 shares Fitchburg National Bank, 
15 " Blackstone National Bank, 
20 " Oxford National Bank, . 
15 " Grafton National Bank, . 
15 " Southbridge National Bank, 
20 " Westboro' National Bank, 
25 " Wachusett National Bank, 

Union Pacific Railroad bonds, . 

Boston, Barre and 'Gardner Railroad bonds, 

Fitchburg Railroad bonds, 

Chicago, Santa Fe and California R. R. bonds, 

Worcester Consolidated- St. Railway Co. bonds, 



Securities held as collateral for cash loans : — 

10 shares Chic. Burlington and Quincy R. R., 
Savings bank book, 

60 shares Howard Bros Manufacturing Co., . 

15 

10 ' 

50 
210 

50 ' 



Par value. 

$4,000 00 
1,500 00 
2,000 00 
1,000 00 
1,500 00 
2,000 00 
2,500 00 
5,000 00 
12,000 00 
25,000 00 
5,000 00 
5,000 00 



Market value. 

$6,000 00 

1,770 00 

") 00 

1,650 00 

2,100 00 

2,000 00 

•0 00 

70 00 

12,240 00 

25,500 00 

5,000 00 

5,250 00 



§121,400 00 §146,960 00 



Gas Light Company, 

Fourth National Bank, New York, . 

Gas Light Company, 

Wor., Nash, and Roch R. R., . 

Worcester Corset Company, . 



Market value. 

$1,100 00 

641 98 
6,000 00 
2,250 00 
1,200 00 
7,500 00 
26,250 00 
5,000 00 



Loaned thereon. 

$1,000 00 

600 00 

5,000 00 

•0 00 

1,000 00 

2,000 00 

25,000 00 

4,000 00 



§49,941 98 $40,100 00 



Summary of Assets Dec 

Cash value of unencumbered real estate, 

Loans on mortgage of real estate (first liens) 

Stocks, bonds, etc., as per schedule, 

Loans on collateral security, as per schedule, 

Loans on personal security, 

Cash in the office of the company and in bank 

Premiums in course of collection (gross), 

Interest and rents due and accrued, . 

Gross assets, 



31, 1888. 

§80,000 00 

274,377 00 

146,960 00 

40,100 00 

29,225 00 

36,934 47 

6,387 33 

8,573 26 



8022,557 06 



Liabilities. 

Losses adjusted, unpaid, §3,593 33 

Losses claimed and reported, .... 3,106 67 

Unearned premiums on outstanding risks, . 247,889 96 

Return prem's on cancelled and term'd policies, 4,414 73 

Commissions and brokerage, .... 641 35 

Gross liabilities, 



259.64:6 04 



Surplus, $362,911 02 



1888.] 



INSURANCE COMPANIES. 



77 



Income. 

Cash premiums received during the year, 
Deduct return premiums, .... 



Net cash premiums received, . 
Received for interest from all sources, 
Received for rents, .... 



$131,131 09 
3,586 61 

$ 127,544 48 

25,505 58 

6,811 97 



Gross cash income, $159,862 03 



Expenditures. 

Paid for losses during the year, 

for brokerage and commissions, 
for salaries and fees of officers and employees, 
for State and local taxes, .... 
for profits or surplus on terminated policies, 
for incidental expenses, .... 
for repairs on real estate, etc., . 

Gross cash expenditures, .... 



$29,556 11 

15,593 90 

9,210 99 

3,359 09 

75,068 41 

3,416 30 

1,197 29 

$137,402 09 



Miscellaneous. 

Amount. Cash prems. 

Risks outstanding Dec. 31, 1887, f 32,554,158 00 f 484,7 20 59 

Risks written during 1888, . 9,226,018 00 129,646 66 



Total, . . . . . $41,780,176 00 $614,367 25 
Risks terminated during 1888, . 8,239,932 00 118,587 33 



Conting't prems. 

$484,720 59 
129,646 66 

$614,367 25 
118,587 33 



In force at end of year, 



53,540,244 00 $495,779 92 $495,779 92 



Losses incurred during the year, $34,450 03 

Percentage of profits or surplus returned during 1888, 50 and 70 per cent. 
Amount of permanent fund, $43,549 32 



78 



MASS. MUTUAL FIRE INS. COS. [Dec.31,'88. 



AGGREGATE. 



Guaranty capital, 
Gross present assets, 
Gross present liabilities, 



Assets. 
Liabilities. 



Income. 
Cash received for premiums during the year, 
for interest and dividends, 
from assessment on deposit notes, 

for rents, 

from all other sources, 



Gross cash income, 



Expenditures. 

Cash paid for losses, 

for brokerage and commission on premiums, 
for salaries aud fees of officers and employees, 
for interest on borrowed money, 
for State and local taxes, . 
for rents, ..... 
for return of profits or surplus, 
for dividends on guaranty capital, 
for all other expenditures, 



Total expenditures, 



General Items. 

Risks written during the year, .... 

terminated during the year, .... 

outstanding at end of year, .... 

Amount of contingent premiums received thereon, 

of losses incurred during the year, . 

of permanent fund, 

Net profits reserved by companies having guaranty capital, 



1300,000 



$9,153,922 



£3,739,737 



$3,546,681 

427,834 

11,553 

15,468 

17,655 



84,019,191 



$845,629 

205,790 

216,698 

583 

42,038 

13,926 

2.04- 

21,000 

100,546 



$3,494,407 



§347,696,325 
317,595,435 
601.106,136 
17.032.688 
886,894 
347,025 
179,542 



MASSACHUSETTS 

MUTUAL MARINE INSURANCE COMPANIES. 



Detailed Statement of Assets and Liabilities, with Abstract 

of Annual Statements, for the Year ending 

December 31, 1888. 



79 



80 



MASSACHUSETTS MUTUAL MARINE [Dec. 31, 



DETAILED STATEMENTS OF ASSETS AND LIABILITIES. 



CHINA MUTUAL INSURANCE COMPANY, BOSTON. 

[Incorporated April 30, 1853. Commenced business Oct. 1, 1853.] 

George L. Deblois, President. Edmund A. Poole, Secretary. 

Office, No 50 State Street. 



Detailed Statement of Stocks 



100 shares Atlas National Bank, 
300 " Columbian National Bank, . 
100 " Continental National Bank, . 
200 " Hide and Leather National Bank, 
100 " Commerce National Bank, 
100 " New England National Bank, 
100 " North National Bank, . 
200 " Republic National Bank, 
100 " Webster National Bank, 
50 " Old Boston National Bank, . 
200 " Second National Bank, . 
200 " Tremont National Bank, 
300 " Washington National Bank, . 
100 " Boston and Albany Railroad, . 
200 " Boston and Lowell Railroad, . 
100 " Boston and Providence Railroad, 
Eastern Railroad bonds, .... 
Brookline water bonds, .... 
Insurance scrip, 



Securities held as collateral for cash loans : — 

Corporation notes, 

Personal notes, 



and Bonds. 

Par value. 

$10,000 00 
30,000 00 
10,000 00 
20,000 00 
10,000 00 
10,000 00 
10,000 00 
20,000 00 
10,000 00 
5,000 00 
20,000 00 
20,000 00 
30,000 00 
10,000 00 
20,000 00 
10,000 00 
10,000 00 
10,000 00 
290 00 



Market value. 

$12,225 00 
37,725 00 
11,900 00 
24,400 00 
12,500 00 
16,125 00 
13,725 00 
30,100 00 
10,850 00 
6,162 00 
32,650 00 
22,325 00 
36,788 00 
20,150 00 
31,000 00 
25,000 00 
12,500 00 
12,450 00 
140 00 



$265,290 00 $368,715 00 



Market value. Loaned thereon. 



826,297 13 
15,000 00 

$41,297 13 



Excess of loan over market value, . 



126,297 13 

29,719 30 

$56,016 43 
14.719 30 



$41,297 13 



1888.] 



INSURANCE COMPANIES. 



81 



31, 1888. 

$368,715 00 

41,297 13 

37,761 82 

1,550 00 

22,159 40 

213,549 17 

27,000 00 

891 24 



Summary of Assets Dec 

Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross)*, 
Notes taken for marine and inland risks, 

Salvage due, 

Suspense account, ..... 
Gross assets, 

Liabilities. 

Losses claimed and reported, .... $6,000 00 

Unearned premiums on outstanding risks, . 179,778 32 

Interest due or accrued on scrip, . . . 382 20 

Due and accrued for rent, salaries, etc., . . 1,000 00 

Miscellaneous, 500 00 

Gross liabilities, except scrip, . 

* 

Surplus as regards policy holders, 

Scrip outstanding, not ordered to be redeemed, 

Surplus over scrip, 

Income. 
Marine premiums outstanding Dec. 31, 1887, . $226,529 73 
Same not collected, 47,661 53 



Net collected, $178,868 20 

Premiums on risks written or renewed, . . 540,106 67 

Total, . . $718,974 87 

Premiums now in course of collection, . . 235,708 57 

Entire premiums collected, .... $483,266 30 
Less re-insurance and return premiums, . . 87,565 92 

Net cash marine premiums received, . . 

Interest and dividends received from all sources, . 

Gross cash income, 



Expenditures. 

Cash paid for marine and inland losses, . 

Deduct salvage and re-insurance, 

Net cash paid for marine and inland losses, . 

Cash paid for redemption of scrip, . 

Interest paid scrip-holders, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 

Gross cash expenditures, .... 



£137,041 90 
43,528 02 



$712,923 76 



187,660 52 

$525,263 24 
518,256 00 

$7,007 24 



$395,700 38 
19,075 51 



£4H,775 89 



$393,513 88 
57,34 1 00 
33,409 80 
35,381 42 
16,220 00 
5,078 4 2 
13,669 72 

$554,617 21 



82 



MASSACHUSETTS MUTUAL MARINE [Dec. 31, 



Marine risks outstanding Dec. 31,1887, 
Marine risks written during 1888, . 



Risks and Premiums. 

Premiums. 

. $7,747,768 00 $149,854.24 

. 81,905 540,100 77 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, 



$39,653,088 00 1 01 

29,." 00 439,779 62 



$10,143,790 00 8250,181 39 
209,580 00 54 9G 



$9,934,204 00 $245,026 43 



Miscellaneous. 

Premiums received from organization of company, . 
Losses paid from organization of company, 
Marine and inland losses incurred during the year, . 
Scrip dividends declared from organization of company, 
Scrip dividends declared during the year, 



$14,420354 00 

. 9,610,608 00 

. 437,042 00 

. 3,192,081 00 

19,450 00 



INDIA MUTUAL INSURANCE COMPANY, BOSTON. 

[Incorporated March 29, 1867. Commenced business May 2, 1867.] 
Guaranty Fund paid it in Notfs, $">C,000. 

John H. Dane, President. II. B. Aeden, Secretary. 

Office, No. 13 Congress Street. 



Detailed Statement of Stocks and Bonds. 

Par value. Market value. 

Old Colony Railroad bonds, .... $20,000 00 ,900 00 

Nashua and Rochester Railroad bonds, . . 15,000 00 15,000 00 

Fitchburg Railroad bonds, .... 23,000 00 25,040 00 

Boston and Maine Railroad bonds, . . . 00 00 00 

Boston and Albany Railroad bonds, . . 100 00 - 80 00 

New York and New England R. R bonds. . 5.000 00 5,350 00 

Boston and Lowell Railroad bonds, . . . 5,000 00 5,600 00 

Metropolitan Railroad bonds, .... '00 00 6,200 00 

Consolidated Railroad of Vermont bonds, . 10,000 00 00 

50 shares Boston and Maine Railroad . . 5,000 00 9,000 00 

75 " Boston and Providence Railroad, . 7.500 00 18,750 00 

150 " Old Colony Railroad, . . . 15,000 00 26,250 00 

25 " Boston and Albany Railroad, . . 2.500 00 "0 00 

40 " Chic, Burl, and Quincy Railroad. . 4,000 00 4,400 00 

89 " West End Railway, .... 4.450 00 19 00 

50 " New York and N. E. R. R. bends, . 5.000 00 00 



1888.] 



INSURANCE COMPANIES. 



83 



New England Mort. Security Co. bonds, . 
10 shares South. Oregon Imp. Company, 
GO " National Webster Bank, . 
15 " Hamilton National Bank, 
10 " Everett National Bank, . 



Par value. 

$6,000 00 
1,000 00 
6,000 00 
1,500 00 
1,000 00 



Market value. 

$6,000 00 

813 00 

6,720 00 

1,875 00 
950 00 



$148,950 00 $188,717 00 



Summary of Assets Dec 

Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Notes taken for marine and inland risks, 
Subscription notes on time, not exceeding 
twelve months, not yet due, . 

Gross assets, 



31, 1888. 

$188,717 00 

1,012 71 

7,301 60 

68,516 12 

50,000 00 



15,577 43 



Liabilities. 

Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Interest due or accrued on scrip, 

Gross liabilities, except guaranty fund, 

Surplus as regards policy holders, . 

Guaranty fund, 

Scrip outstanding, not ordered to be redeemed, 

Surplus over guaranty fund and scrip, 



$ 13,000 00 
65,152 55* 
218 69 



$50,000 00 
156,272 00 



78,371 24 



. $237,206 19 



206,272 00 



$30,934 19 



Income. 

Marine premiums outstanding Dec. 31, 1887, . $64,681 90 

Same not collected, 5,305 36 

Net collected, $59,376 54 

Premiums on risks written or renewed, . . 148,077 93 

Total, $207,454 47 

Premiums now in course of collection, . . 62,075 76 

Entire premiums collected, .... $145,378 71 

Less re-insurance and return premiums, . . 11,859 93 

Net cash marine premiums received, . . 

Interest and dividends received from all sources, 

Gross cash income, 



$133,518 78 

9,766 98 

$143,285 76 



* $58,533.00 taken at 60 per cent, and $6,619.55 at 100 per cent. 



84 MASSACHUSETTS MUTUAL MARINE [Dec. 31, 



Expenditures. 

Cash paid for marine losses, .... $127,47350 
Deduct salvage and re-insurance, . . . 5,723 07 

Net cash paid for marine losses, . . . §121,750 43 

Interest paid scrip-holders, 17 30 

Cash paid for commissions and brokerage, .... 9,491 47 

for salaries of officers and employees, . . . 8,942 00 

for State and local taxes, 1,335 88 

for rent and incidentals, 42 

Gross cash expenditures, §148,537 50 



Risks "and Premiums. 



Marine risks outstanding Dec. 31, 1887, 
Marine risks written during 1888, . 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, 



Premiums. 

51,057,007 00 $92,431 23 
5,588,135 00 148,077 93 



17,245,142 00 $240,509 10 
5,299,369 00 136,334 63 



fl,945,773 00 §104,174 53 
73,125 00 5 14 



.,872,648 00 §101,819 39 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Marine and inland losses incurred during the year, 



$2,902,243 00 

1,945,723 00 

106,o49 40 



1888.] 



INSURANCE COMPANIES. 



85 



AGGREGATE. 



Whole amount of guaranty fund, in subscription notes, 


$50,000 


outstanding scrip not cancelled, 


674,528 


Assets. 




Gross present assets, 


fl,028,501 


Liabilities. 




Gross present liabilities, 


$266,032 


Income. 




Cash received during the year for marine premiums, . 


§520.219 


for interest and dividends, .... 


28,843 




§558,062 


Expenditures. 




Cash paid during the year for marine losses, .... 


$515,264 


for brokerage and commissions on premiums, 


44,872 


for salaries of officers and employees, . 


25,102 


for State and local taxes, 


6,414 


for redemption of scrip, 


57,344 


for interest paid scrip-holders during year, . 


33,427 


for incidental expenses, 


20,671 


Gross cash expenditures, 


$703,154 


General Items. 




Marine risks written during the year, 


§37,403,455 


Premiums charged or receivable thereon, .... 


688,185 


Marine risks terminated during the year, .... 


34,808,667 


Marine risks outstanding at end of year, .... 


11,806,852 


Marine losses incurred during the year, 


543,591 


Scrip dividends declared during the year, .... 


10,450 



MASSACHUSETTS 

JOINT-STOCK FIRE, MARINE, AND FIRE-MARINE 

INSURANCE COMPANIES. 



Detailed Statement of Assets and Liabilities, with Abstract 

of Annual Statements, for the Year Ending 

December 31, 1888. 



87 



88 



MASS. JOINT-STOCK FIRE, MARINE, [Dec. 31, 



DETAILED STATEMENTS OF ASSETS AND LIABILITIES. 



AMERICAN INSURANCE COMPANY, BOSTON. 

[Incorporated June 12, 1818. Commenced business June, 1818.] 
Paid up Capital, $300,000. 

Francis Peabody, President. J. W. Field, Secretary. 

Office, 45 State Street. 



Detailed Statement of Stocks 

222 shares Old Boston National Bank, 

200 ■ 

45 ' 

170 « 

112 ' 

G2 ' 

100 ' 
152 ' ' 

280 ' 

100 ' 

56 ' 

69 ' 

4G2 ' 

1.3 ■ 

200 • 

8 ' 



' Columbian National Bank, 
' Eagle National Bank, 
1 Globe National Bank, 
' Hamilton National Bank, 
' New England National Bank, 
1 Suffolk National Bank, . 
' State National Bank, 
' Union National Bank, 
1 Merchants' National Bank, 
; Tremont National Bank, 
' Washington National Bank, 
' Boston and Albany Railroad, 
i Boston and Lowell Railroad, 
1 Old Colony Railroad, 
' Merrimack Manufacturing" Co 
Chicago, Burlington and Quincy R. R. bonds, 
I'] astern Railroad bonds, .... 
Chicago, Milwaukee and St. Paul R. R. bonds, 
Chin., Ind., St. L. and Chicago R. R bonds, 



Securities held as collateral for cash loans : — 

200 shares Essex Building Company, 

Kansas City, St. Jo. & Coun. Bluffs R. R. bonds, 

Chicago and W. Michigan R. R. bonds, . 

Lincoln, Neb., Street Railway bonds, 

100 shares Union Pacific Railroad, . 

100 " St. Paul, Minn, and Man. Railroad, 

122 " Chicago, Burlington & Quincy R.R., 



and Bonds. 

Par value. 

J. 200 00 

20,000 00 

> ) 00 

17,000 00 

14,200 00 

6,200 00 
10,000 00 
15,200 00 

-.000 00 
10,000 00 

5,600 00 

6,900 00 
46,200 00 

6,500 00 
20,000 00 

8,000 00 
50,000 00 
20,000 00 
25,000 00 
40,000 00 



Market value. 

361 50 

00 

4,702 50 

15,810 00 

17392 00 

10,013 00 

12,150 00 

19,836 00 

39,620 00 

14,100 00 

6,272 00 

8,461 12 

93,324 00 

10,367 50 

35,000 00 

9,480 00 

45,500 00 

24,000 00 

27,750 00 

37,600 00 



$375,500 00 §484,439 62 



Market value. Loaned thereon. 



§20,000 00 
6,100 00 
6,650 00 > 
2,000 00 
6,437 50 [ 
9,900 00 
13,420 00 j 



$15,000 00 
3,306 25 



31,000 00 



§64,507 50 §49,306 25 



1888.] AND FIRE-MARINE INSURANCE COS. 



89 



Summary of Assets Dec 

Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 
Gross assets, 

Liabilities. 



31, 1888. 

$484,439 62 

49,306 25 

440 98 

53,298 75 

3,079 05 

32,503 86 

22,249 53 



Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Losses disputed or resisted, 

Total amount of losses, 

Less re-insurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Dividends to stockholders, unpaid, . 
Due ;ind accrued for rent, salaries, etc., 
Commissions and brokerage, . 
Return premiums and re-insurance, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, .... 

Surplus over capital, . 

Income 
Fire premiums outstanding Dec. 31, 1887, 
Same not collected, .... 

Net collected, 

Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash fire premiums received, 

Marine premiums collected, 

Less re-insurance and return premiums, 

Net cash marine premiums received, 

Interest and dividends received from all sources, 

Income from bank tax returned, 

Gross cash income, 



$5,008 94 

20,951 47 

1,325 00 

$27,285 41 
250 00 

§27,035 41 

157,151 30* 

114 00 • 

3,023 79 

7,941 70 

4,275 50 



$22,138 33 
036 28 

$21,502 05 
240,004 48 

$2(51,506 53 
32,503 86 



$229,002 67 
33,878 34 

$57,748 13 
7,093 61 



$645,318 64 



199,541 88 

§445,776 70 
300,000 00 



5,770 76 



§195,124 33 



50,654 52 

25,721 30 

6,258 26 

$277,758 41 



* Of marine premiums, £11,212.94 is taken at GO per cent., and $20,404.46 at 100 pjr cent. 



90 MASS. JOINT-STOCK FIRE, MARINE, [Dec, 31, 

Expenditures. 



Cash paid for fire losses, ..... 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

Cash paid for marine and inland losses, . 

Deduct salvage and re-insurance, 

Net cash paid for marine and inland losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 



$95,798 24 

954 62 

852,028 42 

2,059 74 



§04,843 62 



49.908 08 

22 00 

.00,201 01 

17,075 36 

5,320 00 

15,789 87 

8213,120 54 



Risks and Premiums. 



Fire risks outstanding Dec. 3t, 1887, 
Fire risks written during 1888, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 

Marine risks outstanding Dec. 31, 1887, 
Marine risks written during 1888, . 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



$17,309,832 00 
24,535,040 00 



. §41,815,472 00 
. 16,458,197 00 



§25,387,275 00 
2,031,141 00 



Premiums. 

3,120 15 

240,004 48 

8128,124 63 
153,737 10 

; 53 

23,319 60 



823,356,134 00 $251,067 93 



$2,324,541 00 
2,054,028 00 

§4,378,569 00 
2,329,985 00 

$2,048,584 00 
8,500 00 



§41,989 77 
39,162 63 



$81,152 40 

41,687 20 

$39,465 20 
372 50 



$2,040,084 00 §39,092 70 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (3 per cent.), . 
Company's stock owned by directors, .... 



$9,630,000 00 

6,712,503 00 

107,079 00 

50,340 00 

2,727,000 00 

9,000 00 

7,600 00 



1888.] AND FIKE-MARINE INSURANCE COS. 91 

BOSTON MARINE INSURANCE COMPANY, BOSTON. 

[Incorporated Dec. 23, 1873. Commenced business Jan. 20, 1874.] 
Paid up Capital, $1,000,000. 

Ransom B. Fuller, President. Thomas H. Lord, Secretary. 

Office, No. 17 State Street. 



Detailed Statement of Stocks and Bonds. 



United States bonds, . . . 

Bangor cit} r bonds, 

Boston and Albany Railroad bonds, 
Oregon Short Line Railroad bonds, . 
Chicago, Kansas and Western Railroad bonds, 
Chicago, Burlington and Quincy R. R. bonds, 
Louisville, Evans, and St. Louis R. R. bonds, 
Atchison, Topeka and Santa Fe R. R. bonds, 
Fitchburg R. R. bonds, .... 
Atchison, Topeka and Santa Fe R. R. stock, 
Chicago, Burlington and Quincy R. R. stock, 
Iron Railroad stock, . 
Union Pacific Railroad stock, . 
Manchester Mills stock, . 
Eliot National Bank, Boston, stock, 
Merchandise National Bank, Boston, stock, 
State National Bank, Boston, stock, 
New England National Bank, Boston, stock, 
First National Bank, Boston, stock, . 
Republic National Bank, Boston, stock, . 
Revere National Bank, Boston, stock, 
Beverly National Bank, Beverly, stock, . 
Naumkeag National Bank, Salem, stock, . 
Atlantic National Bank, Boston, stock, 
Globe National Bank, Boston, stock, 
Hamilton National Bank, Boston, stock, . 
Exchange National Bank, Boston, stock, . 
Old Boston National Bank, Boston, stock, 
Atlas National Bank, Boston, stock, 
Hide and Leather NatU Bank, Boston, stock, 
Howard National Bank, Boston, stock, 
Suffolk National Bank, Boston, stock, 
Eagle National Bank, Boston, stock, 
Brookline National Bank, Brookline, stock, 
Lincoln National Bank, Boston, stock, 
Merchants 1 National Bank, Salem, stock, . 
North National Bank, Boston, stock, 



Par value. 

fl 00,000 00 
10,000 00 
20,000 00 
10,000 00 
30,000 00 
7,000 00 
12,000 00 
10,000 00 
25,000 00 
115,000 00 
62,700 00 
29,700 00 
15,000 00 
20,000 .00 
25,000 00 
25,000 00 
20,000 00 
15,000 00 
10,000 00 
15,000 00 
15,000 00 
12,000 00 
10,000 00 
10,000 00 
13,400 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 
8,000 00 
5,000 00 
5,300 00 



Market value. 

$109,375 00 
10,950 00 
21,850 00 
10,900 00 
21,150 00 
6,896 25 
7,387 50 
9,000 00 
26,343 75 
66,843 75 
68,891 63 
20,790 00 
9,600 00 
29,800 00 
30,500 00 
22,562 50 
26,100 00 
24,187 50 
23,800 00 
22,500 00 
19,537 50 
17,514 00 
13,575 00 
13,200 00 
12,462 00 
12,500 00 
13,312 50 
12,325 00 
12,312 50 
12,200 00 
10,800 00 
12,300 00 
10,200 00 
10,700 00 
8,900 00 
6,850 00 
7,274 25 



92 



MASS. JOIXT-STOCK FIRE, MAKINE, [Dec. 31, 



Mercantile National Bank, Salem, stock, . 
Grand National Bank, Marblehead, stock, 
Railroad National Bank. Lowell, stock, . 
First National Bank, Salem, stock, . 
Merchants 1 National Bank, Boston, stock, 
Tremont National Bank, Boston, stock. . 
Commercial National Bank, Boston, stock, 



Pur value. 

|5,700 00 

1.700 00 
1400 00 
1,41 

I 00 

5,000 00 

37,100 00 



Mark' ' 

H 25 

1.-20 00 

280 00 

50 00 

37,100 00 



$79- - >,518 63 



Securities held as collateral for cash loans : — 

Market value. 

Louisville, Evansville and St. Louis R. R. bonds, I 00 

200 shares Tol., St. L. and Kan. City R. R. bonds, 4,000 00 

60 " San Diego Land and Town Co., . 1,710 00 

170 " Iron Railway 11,900 00 

600 " Cobb Lime Company, . . . 30,000 00 

11 " Market National Bank, . . . 1,529 00 

60 " American Fire Hose Mannf. Co. . 

102 ' ; Freeman's National Bank, . . 11,475 00 
Atch., Top. and Santa Fe land grant bonds, . 

52 shares Freeman's National Bank, . . 00 

Toledo, St. Louis and Kansas City R.R. bonds, . 13,9£ 

109 shares Freeman's National Bank, . . 12.202 50 

25 " Commercial National Bank, . . 00 



Loaned thereon. 

113,000 00 

17,000 00 

> 00 

00 

8,100 00 

10 00 

K) 00 

10,000 00 

00 

00 



8110,150 50 $73,560 00 



Summary of Assets Dec. 31, 1888. 

Cash value of unencumbered real estate, . . 128,7-4 

Loans on mortgage of real estate (first liens*), 532.000 00 
Interest due or accrued thereon, 

Stocks and bonds, as per schedule, . . . 830,518 63 

Loans on collateral security, as per schedule, . 73,560 00 

Cash deposited in bank, 308,063 05 

Interest due and accrued 2,322 45 

Premiums in course of collection (gross), . 150.542 13 

Notes taken for marine and inland risks. . 494,450 75 

Gross assets, 



82,429,0-' 



Liabilities. 



Losses adjusted, unpaid, . 
Losses claimed and reported, 
Losses disputed or resisted, 



811.004 00 

.715 00 

17.200 00 



♦Total value of property mortgaged, 
Amount of insurance held as collateral, 



$1,164,500 00 
374,70) 00 



1888.] AND FIRE-MABINE INSURANCE COS. 

$395,41-4 07* 



93 



Unearned premiums on outstanding risks, 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, 



$583,333 07 

51,845,725 48 
1,000,000 00 

$845,725 48 



Income. 

Marine premiums outstanding Dec. 31, 1887, . §011,689 85 
Premiums on risks written or renewed, . . 1,277,909 06 



Total, § 1,889,598 91 

Premiums now in course of collection, . . 650,992 88 



Entire premiums collected, .... §1,238,606 03 
Less re-insurance and return premiums, . . 211,936 74 

Net cash marine premiums received, . . $1,026,669 29 

Interest and dividends received from all sources, . . . 77,274 40 

Gross cash income, $1,103,943 69 



Expenditures. 

Cash paid for marine and inland losses, . 

Deduct salvage and re-insurance, 

Net cash paid for marine and inland losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, 

Gross cash expenditures, .... 



$818,904 62 
138,095 59 



f680,809 03 
100,000 00 
22,986 82 
38,521 72 
12,731 98 
80,120 57 

§935,170 12 



Risks and Premiums. 



Marine risks outstanding Dec. 31, 1887, 
Marine risks written during 1888, . 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



.110,349,783 00 
. 84,121,490 00 

.$94,471,273 00 
. 82,598,569 00 

.§11,872,704 00 
946,976 00 



rremiums. 

§611,378 52 
1,277,909 06 

}1,889,287 58 

1,216,286 29 



>73,001 29 
36,500 92 



.§10,925,728 00 §636,500 37 



$3 6 1,629. -14 taken at 60 per cent, and $33,784.63 at 100 per cent. 



94 MASS. JOINT-STOCK FIRE, MARINE, [Dec. 31, 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the }*ear (10 per cent.), . 
Company's stock owned by directors, .... 



$16,0! 

61 00 

1,030,000 00 

I 00 

122,000 00 



BOYLSTON INSURANCE COMPANY, BOSTON. 

[Incorporated Dec. 26, 1872. Commenced business Jan. 8, 1873.] 
Paid-up Capital, $557,200. 

Joseph W. Balch, President. Washington Glover, Secretary. 

Office, No. 30 Kilty Street. 



Detailed Statement of Stocks 



250 shares Merchants' National Bank, 
200 " State National Bank, 
100 t; Merchandise National Bank, . 
300 " Republic National Bank; 
300 " Washington National Bank, . 
300 " Columbian National Bank, 
200 " Tremont National Bank, . 
17 t; New England National Bank, 
67 " Revere National Bank, . 
57 " Boston and Albany Railroad, . 
300 " Boston and Providence Railroad, 
350 " Fitchburg Railroad, 
Old Colony Railroad bonds, 
California Southern Railroad bonds, 
Chicago, Burl, and Qnincy Railroad bonds, 
Cedar Rap. and Mo. Riv. Railroad bonds, 
New Eng. Mortgage Security Co. bonds, 
United States bonds, . . . 
Cairo city bonds, 



and Bond-. 

Par value. 

|25,000 00 

a sooo oo 

10,000 00 

30,000 00 

30,000 00 

30,000 00 

20,000 00 

1,700 00 

6,700 00 

5.700 00 

30,000 00 

35,000 00 

25,000 00 

25,000 00 

30,000 00 

31,000 00 

10,000 00 

51,000 00 

1,500 00 



Market valne. 

00 

00 

■) 00 

45,300 00 

86,600 

00 

22,400 00 

7 00 

10 00 

11,400 00 

75,000 00 

2o,950 00 

26,501 

25,750 

27.300 00 

36,055 00 

00 

55,080 00 

00 



£417,600 00 



Securities held as collateral for cash loans : — 

Oregon Improvement Company bonds, . 
New Eng. Mortgage Security Company bonds, 
Saginaw and AVestern Railroad bonds, . 
Herdic Company bonds, 



M irfcet valne. 

$1,04 

2,820 00 

2.100 00 
1,000 00 



Loaned thereon. 

$5,000 00 
1,00C 00 



1888.] AND FIRE-MARINE INSURANCE COS. 



95 



Market value. Loaned thereon. 



Rutland Railroad bonds, .... 
Atch., Top. and Santa Fe Railroad bonds, 

10 shares Metropolitan Street Railway, . 

19 " Kansas City and Ft. Scott R. R., 
100 " First National Bank, Concord, 
520 " State St. Exchange Company, 
300 " Chic, Burl, and Quincy R. R., 
Kansas City, Memphis and B. Railroad bonds 
115 shares Chic, Burl, and Quincy R. R., 
Salem (Ohio) Water Company bonds, 
Atch., Top. and Santa F6 R. R. bonds, 



$9,750 00 ^ 



12,450 00 
900 00 [ 

1,300 00 j 
20,000 00 
20,000 00} 
33,000 00 > 

2,700 00' 
12,650 00 

3,000 00 ) 
870 00 S 



y §20,000 00 

14,000 00 

50,000 00 

10,0 00 
3,000 00 



|129,580 00 $103,000 00 



Summary of Assets Dec. 31, 1888. 



Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, . 
Gross assets, 



$182,000 00 

2,770 79 

518,732 00 

103,000 00 

5,464 86 

91,117 23 

2,020 50 

23,606 00 

12,772 19 



$941,483 57 



Liabilities. 

Losses claimed and reported, 

Unearned premiums on outstanding risks, 

Interest due or accrued on scrip, 

Due and accrued for rent, salaries, etc, . 

Commissions and brokerage, . 

Return premiums, ..*... 

Gross liabilities except capital, 

Surplus as regards policy holders, . 

Paid-up capital, 

Scrip outstanding, not ordered to be redeemed, 
Surplus over capital, 



£34,900 00 

184,595 23f 

1,368 10 

230 00 

1,400 00 

270 00 



?39,205 00 



222,763 33 

§718,720 24 
557,200 00 

?161,520 54 



* Value of lands mortgaged, $203,000 00 

Value of buildings thereon, 136/. 00 00 

Amount of insurance held as collateral, ..... 132,60000 

f Of the marine premiums, $36,667.06 is taken at 100 per cent., and $5,288.26 at 60 per cent. 



96 



MASS. JOINT-STOCK FIRE, MARINE, [Dec. 31, 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash lire premiums received, 

Marine premiums outstanding Dec. 31, 1887, 

Same not collected, ..... 

Net collected, 

Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash marine premiums received, 

Interest received on mort^a^es, 

Interest and dividends received from all other 

Income from bank tax returned, 

Gross cash income, .... 



2,939 02 

48 00 



$22,891 02 
302,953 05 


$325,844 07 
23,606 00 


§302,238 07 
50,145 92 


§16,491 


43 


$16,122 58 

39,754 06 


.876 
12,772 


64 
19 


$43,104 45 
5,445 13 



sources, 



2,092 15 



37,659 32 
8,349 44 

41.257 11 
7.199 94 

8346,557 96 



Expenditures. 

Cash paid for fire losses, .... 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, 

Cash paid for marine and inland losses, . 

Deduct salvage and re-insurance, 

Net cash paid for marine and inland losses, 

Cash dividends paid, ..... 

Interest paid scrip-holders, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees. 

for State and local taxes, . 

for incidentals, .... 

Gross cash expenditures, . 



$155,817 53 
7,688 56 

124,881 47 

4.(332 73 



$148,128 



20.248 


74 


33,432 




1,703 




49.4S.3 


20 


30,400 00 


2,191 




28; 


11 


8314,354 





1888.] AND FIRE-MARINE INSURANCE COS. 



97 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Risks and Premiums. 

Premiums. 

$31,129,525 00 $341,556 46 
29,277,300 00 302,953 05 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount re-insured, 

ISTet amount in force, 

Marine risks outstanding Dec. 31, 1887, 
Marine risks written during 1888, . 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, 



$60,406,825 00 $644,509 51 
27,114,150 00 270,666 20 



$33,292,675 00 $373,843 31 
1,941,587 00 22,563 50 



$31,351,088 00 $351,279 81 



$450,489 00 
5,707,601 00 



16,158,090 00 
5,800,290 00 

$357,800 00 
65,325 00 



$14,857 43 
39,754 06 

$54,611 49 
41,170 52 



,440 97 
960 15 



$292,475 00 $12,480 82 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company 
Dividends declared during the year (6 per cent ), . 
Company's stock owned by directors, 



$5,609,760 00 

3,341,994 00 

134,889 00 

20,149 00 

798,228 00 

33,432 00 

15,000 00 



DWELLING HOUSE INSURANCE COMPANY, BOSTON. 

[Incorporated Dec. 30, 1872. Commenced business Jan. 9, 1873.] 

Paid-up Capital, $300,000. 

Chas. K. Nichols, President. Henry F. Perkins, Secretary. 

Office, No. 40 Water Street. 



Detailed Statement of Stocks 



100 shares Second National Bank, Boston, 

100 

100 

100 

100 

100 

100 



Merchants 1 National Bank, Boston, 
Republic National Bank, Boston, 
State National Bank, Boston, . 
Suffolk National Bank, Boston, 
Atlas National Bank, Boston, . 
Howard National Bank, Boston, 



and Bonds. 

Tar value. 

$10,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 



Market value. 

$16,100 00 
14,000 00 
15,000 00 
13,100 00 
12,300 00 
12,300 00 
10,900 00 



98 



MASS. JOINT-STOCK FIRE, MAMXE, [Dec. 31, 



69 shares Hide and Leather Nat'l B% Boston, 
50 " New England Natl Bank, Boston, 
50 " City National Bank, Boston, . 
50 " Redemption National Bank, Boston 
44 " Union National Bank, Boston, 
30 " Eagle National Bank, Boston, 
7 " Tremont National Bank, Boston, 

Eastern Railroad bonds, .... 

Boston and Maine Railroad bonds, . 

Fitchburg Railroad bonds, 

Old Colony Railroad bonds, 

Vermont and Massachusetts Railroad stock, 



Securities held as collateral for cash loans : — 

100 shares C, B. and Quincy Railroad, . 
N. Y. and N. E. Railroad bonds, 



Par value. 

$6,900 00 
5,000 00 
5,000 00 
5,000 00 
4,400 00 
3,000 00 
700 00 
5,000 00 

10,000 00 
8,000 00 

20,000 00 

10,000 00 



Market value. 

$8,418 00 
8,100 00 
5,200 00 
50 00 
6,204 00 
3,060 00 
777 00 
6,200 00 

11,700 00 
9,360 00 

23,400 00 

13,400 00 



? 153,000 00 $196,209 uO 



Market value. Loaned thereon. 

811,000 00 ) 

2,100 00 S 10 ' 00000 



$ 13,100 00 110,000 00 



Summary of Assets Dec. 31, 1888. 



Loans on mortgage of real estate (first liens *) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for fire risks, 

Gross assets, 



$194,350 00 

2,866 39 

196,269 00 

10,000 00 

27,616 63 

10,366 37 

2,635 33 

80,255 55 

67,615 19 



$591,974 46 



Liabilities. 
Losses claimed and reported, . 
Losses disputed or resisted, 
Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, 
Commissions and brokerage, . 

Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, .... 



Surplus over capital, 



$1,280 00 

5,160 00 

241,300 41 

353 64 

10,640 50 



261,734 55 

$330,239 91 
300,000 00 

830,239 91 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$210,000 00 
198,200 00 
194, S50 00 



1888.] AND FIRE-MARINE INSURANCE COS. 



99 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from commissions, 



Gross cash income, 



$107,286 68 
268,970 42 

$376,257 10 
135,103 31 

$241,153 79 
38,630 43 



sources, 



$202,523 36 

10,268 22 

13,646 54 

263 96 

$226,702 08 



Expenditures. 



Cash paid for fire losses, 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash exj^enditures, .... 



$103,429 42 
18,000 00 
58,578 38 
15,907 80 
7,331 47 
22,094 45 

$225,341 52 



Risks and Premiums. 

Premiums. 

Fire risks outstanding Dec. 31, 1887, . . $19,184,492 00 $448,494 66 
Fire risks written during 1888, . . . 28,070,147 00 268,970 42 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 
Perpetual risks in force (included above), 



.$77,254,639 00 $717,465 08 
. 25,533,199 00 233,649 48 



.$51,721,440 00 $483,815 60 
172,200 00 1,214 78 



.$51,549,240 00 $482,600 82 
$18,300 00 $372 00 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (6 per cent.), . 
Company's stock owned by directors, .... 



$1,465,488 00 

413,569 00 

104,519 00 

288,000 00 

18,000 00 

29,600 00 



100 MASS. JOINT-STOCK FIRE, MARINE, [Dec. 31, 



ELTOT INSURANCE COMPANY, BOSTON. 

[Incorporated Dec. 31, 1872. Commenced business Jan. 4, 1873.] 
Paid-up Capital, $200,000. 

Greenleaf C. George, President. Alonzo P. Curtis, Secretary. 

Office, No. 12 Kilby Street. 

Detailed Statement of Stocks and Bonds. 

Par value. Market value. 

Worcester and Nashua Railroad bonds, . . $15,000 00 5,600 00 

Fitchburg Railroad bonds, .... 10,000 00 10,300 00 

Northampton town bonds, .... 20,00000 21,40000 

Boston city bonds, 25,000 00 28,600 00 

United States bonds, 50,000 00 64,000 00 

Massachusetts bonds, 15,000 00 15,750 00 

25 shares Norwich and Worcester Railroad, . 2,500 00 -7 50 

50 " Old Colony Railroad, . . . 5,000 00 8,575 00 

50 " Vermont and Massachusetts R. R., . 5,000 00 6,700 00 

50 " Shawmut National Bank, . . . 5,000 00 6,512 50 

37 " National Revere Bank, . . . 3,700 00 4,814 63 



Summary of Assets Dec 
Loans on mortgage of real estate (first liens*), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Due for re-insurance, .... 
Gross assets, 

Liabilities. 
Losses claimed and reported, . 

Unearned premiums on outstanding risks, 

Dividends to stockholders unpaid, . 

Due and accrued for rent, salaries, etc., . 

Commissions and brokerage, . 

Return premiums, 

Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



8156,200 00 |186,639 63 

31, 1888. 
§112,000*00 
1,385 63 

186,639 63 

626 64 

48,463 78 

2,544 25 

25,132 07 

1,357 66 

?37S,749 66 



Surplus over capital, 



$14,949 00 

106,406 49 

175 00 

625 00 

2,500 00 

500 00 



125,155 49 

.594 17 
2 ',000 00 

153,594 17 



* Value of lands mortgaged, $107,SO0 00 

Value of buildings thereon 97.300 00 

Amount of insurance held as collateral, 121,000 00 



1888.] AND FIRE-MARINE INSURANCE COS. 101 



Income. 

Fire premiums outstanding Dec. 31, 1887, . $25,480 21 
Premiums on risks written or renewed, . . 217,588 60 

Total, § 243,068 81 

Premiums now in course of collection, . . 25,132 07 

Entire premiums collected, .... $217,93674 
Less re-insurance and return premiums, . . 44,127 48 

Net cash fire premiums received, . . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 
Income from sale of securities, etc., 



|173,809 26 

4,493 19 

10,601 86 

5,083 58 



Gross cash income, $193,987 89 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 
for State and local taxes, . 
for incidentals, . . 

Gross cash expenditures, .... 



$121,124 46 
5,203 60 



$115,920 86 
19,950 00 
38,347 82 
11,106 00 
2,825 79 
15,323 87 

§203,474 34 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Risks and Premiums. 

Premiums. 

.$16,606,467 00 f 197,955 51 
. 20,721,015 00 217,588 60 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



.$37,327,482 00 $415,544 11 
. 17,933,087 00 195,615 05 



.$ 19,394,395 00 f 219,929 06 



645,328 00 



9,898 42 



. $18,749,067 00 f 210,030 64 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, 
• Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, .... 



$2,006,892 00 

1,012,824 00 

110,509 00 

290,000 00 

20,000 00 

23,700 00 



102 MASS. JOINT-STOCK FIRE, MARINE, [Dec. 31, 



EQUITABLE MARINE INSURANCE COMPANY, PROVINCETOWN. 

[Incorporated 1845. Commenced business 1846.] 
Paid-up Capital, $50,000. 

Joshua Paine, President. Lewis Nickehson, Secretary. 



Detailed Statement of Stocks 



80 shares Freeman's National Bank, Boston, 

65 

15 

13 

15 

45 

16 

19 

20 



First National Bank, Province town, 
Revere National Bank, Boston, 
Traders' National Bank, Boston, 
State National Bank, Boston, . 
Republic National Bank, Boston, 
Hide and Leather Nat'l B'k, Boston 

id, 



Boston and Albany Railro 

Union Pacific Railroad, 
Town of Brookline bonds, 
Town of Melrose bonds, . 
Town of Arlington bonds, 
City of Bangor bonds, 
City of Cincinnati bonds, . 
Old Colony Railroad bonds, 
New York and New England Railroad bonds 
Atch., Topeka and Santa Fe Railroad bonds, 
Chicago and Northwestern Railroad bonds, 
Fitchburg Railroad bonds, 
Boston, Revere Beach and Lynn R. R. bonds, 
New England Mortgage Security Co. bonds, 



and Bonds. 

Par value. 

$8,000 00 
6,500 00 
1,500 00 
1,300 00 
1,500 00 
4,500 00 
1,600 00 
1,900 00 
2,000 00 
3,000 00 
3,000 00 
2,000 00 
2,000 00 
2,000 00 
5,000 00 
2,000 00 
2,000 00 
2,000 00 
5,000 00 
4,000 00 
1,000 00 



Market value. 

$8,000 00 
10,400 00 
1,050 00 
1,170 00 
1,950 00 
6,750 00 
1,952 00 
' 3,800 00 
1,280 00 
3,450 00 
3,600 00 
2,300 00 
2,300 00 
2,640 00 
5,750 00 
2,500 00 
1,900 00 
2,000 00 
5,300 00 
4,200 00 
1,000 00 



$61,800 00 §74,192 00 



Summary of Assets Dec 

Stocks and bonds, as per schedule, . 
Loans on personal security, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 
Gross assets, 



31, 1888. 

$74,192 00 

1,000 00 

477 67 

8,792 08 

10,544 89 

24,971 58 



$119,978 22 



Liabilities. 



Losses claimed and reported, 
Losses disputed or resisted, 

Total amount of losses, 
Less re-insurance, 

Net amount of unpaid losses, 



f7,200 00 
6,700 00 

$13,900 00 
2,000 00 

$11,900 00 



1888.] AND FIRE-MARINE INSURANCE COS. 103 



Unearned premiums on outstanding risks, 
Dividends to stockholders unpaid, . 

State taxes, 

Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, 



$24,514 08* 
2,500 00 
200 00 



$39,114 08 



$80,864 14 
50,000 00 



f30,864 14 



Income. 

Cash received for marine premiums, 

Less re-insurauce and return premiums, . 

Net cash marine premiums received, 

Interest and dividends received from all sources, 

Gross cash income, 



$40,423 88 
1,422 34 



$39,001 54 
3,854 80 



$42,856 34 



Expenditures. 

Cash paid for marine and inland losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 

Gross cash expenditures, .... 



$26,516 93 

2,500 00 

2,489 69 

1,600 00 

676 62 

349 85 



$34,133 09 



Risks and Premiums. 



Marine risks outstanding Dec. 31, 1887, 
Marine risks written during 1888, . 

Total, 

Deduct risks expired and terminated, 

In force a.t end of year, . 
Deduct amount re-insured, 

Net amount in force, . 



$428,334 00 
811,854 00 

$1,240,188 00 
859,960 00 

$380,228 00 
7,500 00 



Tremiums. 

$27,623 47 
39,457 90 

$67,081 37 
42,109 79 

$21,971 58 
457 50 



$372,728 00 $24,514 08 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (5 per cent ), . 
Company's stock owned by directors, .... 



$251,374 00 

152,992 00 

33,717 00 

35,500 00 

2,500 00 

8,000 00 



* Taken at 100 per cent. 



104 MASS. JOINT-STOCK FIRE, MAEINE, [Dec?31, 



FIREMEN'S FIRE INSURANCE COMPANY, 
BOSTON. 

[Incorporated Dec. 21, 1872. Commenced business Dec. 31, 1872.] 
Paid-up Capital, $300,000. 

Thomas W. Tucker, President. Henry C. Short, Secretary. 

Office, No. 63 State Street. 



Detailed Statement of Stocks and Bonds. 



Boston city bonds, 

Charlestown city bonds, 

Lowell city bonds, 

Chelsea city bonds, . 

Fall River city bonds, 

Lawrence city bonds, 

Eastern Railroad bonds, 

AVorcester and Nashua Railroad bonds, 

Fitchburg Railroad bonds, 

Boston and Providence Railroad bonds, 

Burlington and Mo. River Railroad bonds, 

Kansas City, St. J. and C. B. Railroad bonds, 

Boston and Lowell Railroad bonds, 

Chicago, Burlington and No. Railroad bonds, 

Cedar Rapids, I. F. and N. W. Railroad bonds, 

St. Paul and Northern Pacific Railroad bonds, 

Chicago and Michigan L. S. Railroad bonds, . 

Ionia and Lansing Railroad bonds, . 

Atchison, Topeka & Santa Fe Railroad bonds, 

Jackson, Lansing & Saginaw Railroad bonds, 

200 shares National City Bank, 

200 " Hamilton National Bank, 

200 " National Eagle Bank, 

54 " National Webster Bank, 

51 " National Revere Bank. 
284 " Atlantic Cotton Mills, 
Loan to National Tube Works, 
Loan to Arlington Mills, . 



Par value. 

$30,000 00 
60,000 00 
15,000 00 
4,000 00 
30,000 00 
18,000 00 
22,500 00 
10,000 00 
20,000 00 
25,000 00 
25,000 00 
20,000 00 
1,000 00 
25,000 00 
25,000 00 
30,000 00 
5,000 00 
4,000 00 
20,000 00 
20,000 00 
20,000 00 
20,000 00 
20,000 00 
5,400 00 
5,100 00 
28,400 00 
20,000 00 
25,000 00 



Market value. 

,000 00 

62,720 00 
15,600 00 
4,240 00 
34,950 00 
18,940 00 
27,843 75 
10,300 00 
21,100 00 
26,000 00 
22,250 00 
24,400 00 
1,050 00 
24,500 00 
21,250 00 
36,000 00 
5,100 00 
4,080 00 
17,900 00 
21,700 00 
20,775 00 
'25,200 00 
20,900 00 
72 50 
55 50 
28,684 00 
20,000 00 
25,000 00 



1553,400 00 $586,010 75 



Securities held as collateral for cash loans : — 



130 shares National Tube Works, . 



Maiket value. Loaned thereon. 

$19,500 00 $13,000 00 



1888.] AND FIRE-MARINE INSURANCE COS. 105 



Summary of Assets Dec. 31, 1888. 

Loans on mortgage of real estate (first liens*), $267,000 00 

Interest clue or accrued thereon, . . . 3,231 63 

Stocks and bonds, as per schedule, . . . 586,010 75 

Loans on collateral security, as per schedule, . 13,000 00 

Cash in the office of the company, . . . 423 72 

Cash deposited in bank, 19,823 00 

Interest due and accrued, 8,396 66 

Premiums in course of collection (gross), . 10,163 25 

Premiums more than three months due, $187 96 $908,049 01 



Liabilities. 



Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Losses disputed or resisted, 
Unearned premiums on outstanding 
Dividends to stockholders unpaid, 
Due and accrued for rent, salaries, 
State and local taxes, 
Commissions and brokerage, . 
Return premiums, 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, 

Surplus over capital, . 



etc. 



risks, 



$531 05 

5,229 31 

3,640 81 

108,235 48 

430 00 
1,450 00 

500 00 
1,890 42 

100 00 



122,007 07 



#786,041 94 
300,000 00 

§486,041 94 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from bank tax returned, 

Income from sale of securities, etc., 

Gross cash income, .... 



$13,791 91 
30 31 

$13,761 60 
136,154 07 

$149,915 67 
10,351 21 

$139,564 46 
13,815 49 



sources, 



$125,748 97 

12,405 97 

30,109 97 

2,404 82 

6,260 00 

$176,929 73 



* Value of lands mortgaged, 
Value of buildings thereon, . 
Amount of insurance hold as collateral, 



$283,700 00 
244,700 00 
259,100 00 



106 MASS. JOINT-STOCK FIRE, MARINE, [Dec. 31, 

Expenditures. 
Cash paid for fire losses, $64,314 71 

Deduct salvage and re-insurance, . . . 492 03 

Net cash paid for fire losses, .... '.,82268 

Cash dividends paid, 20,980 00 

Cash paid for commissions and brokerage, .... 18,814 42 

for salaries of officers and employees, . . . 14,412 00 

for State and local taxes, 3,317 76 

for rent, 3,800 00 

for incidentals, 5,766 57 

Gross cash expenditures, $139,913 43 



Risks and Premiums. 

Premiums. 

Fire risks outstanding Dec. 31, 1887, . .$19,458,180 00 §208,408 38 



Fire risks written during 1888, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



15,361,539 00 136,089 88 



$34,819,719 00 $344,498 26 
15,339,783 00 134,412 65 



,479,936 00 $210,085 61 
374,507 00 3,894 08 



.819,105,429 00 6206,191 53 



Miscellaneous. 

Premiums received from organization of company, 

Losses paid from organization of company, . 

Fire losses incurred during the year, . 

Cash dividends declared from organization of company, 

Dividends declared during the year (10 per cent.), 

Company's stock owned by directors, . . . . 



$2,128,211 00 

1,002,668 00 

55,031 00 

485,000 00 

30,000 00 

17,300. 00 



FIRST NATIONAL FIRE INSURANCE COMPANY, WORCESTER. 

[Incorporated April, 1868. Commenced business Jan. 1, 1S69.] 

Paid-up Capital, $200,000. 

Chas. B. Pratt, President. George A. Park, Secretary. 



Detailed Statement of Stocks and Bonds. 



Boston, Barre and Gardner Railroad bonds, 
Nashua and Rochester Railroad bonds, . 
Worcester National Bank stock, 
Worcester Safe Deposit and Trust Co. stock, 



Par value. 

$20,500 00 
6,000 00 
3,000 00 
5,000 00 



Market value. 

$22,345 00 

6,240 00 
4,500 0C 
6,400 00 



1888.] AND FIRE-MARINE INSURANCE COS. 107 



Eliot National Bank, Boston, stock, . 
North National Bank, Boston, stock, 
Revere National Bank, Boston, stock, 
Boylston National Bank, Boston, stock, . 
Merchants' National Bank, Boston, stock, 
Bank of Commerce Natl Bank, Boston, stock, 
First National Bank, Worcester, stock, . 



Securities held as collateral for cash loans : — 

Midland Railroad of New Jersey bonds, . 
Champion Card and Paper Company stock, 
Worcester Co-operative Bank stock, . 
Personal notes, guaranteed, .... 



Par value. 

$2,700 00 
1,500 00 
2,000 00 
3,100 00 
2,500 00 
2,400 00 

12,000 00 



Market valne. 

|3,348 00 

2,070 00 

2,620 00 

4,278 00 

3,550 00 

3,000 00 

21,000 00 



$60,700 00 $81,351 00 



Market value. 


Loaned thereon. 


$3,300 00 


$2,500 00 


1,950 00 


1,000 00 


850 00 


600 00 


1,000 00 


1,000 00 



$7,100 00 $5,100 00 



Summary of Assets Dec. 31, 1888. 

Loans on mortgage of real estate (first liens *), $167,565 00 

Interest due or accrued thereon, . . . 2,764 90 

Stocks and bonds, as per schedule, . . . 81,351 00 

Loans on collateral security, as per schedule, . 5,100 00 

Cash in the office of the company, . . . 5,551 83 

Cash deposited in bank, 18,433 58 

Interest due and accrued, 497 90 

Premiums in course of collection (gross), . 13,911 96 

Gross assets, 



5,176 17 



Liabilities. 
Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Losses disputed or resisted, 
Unearned premiums on outstanding risks 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, .... 



Surplus over capital, 



$3,772 59 
11,595 00 

1,200 00 
55,990 31 

2,086 78 



74,644 68 

$220,531 49 
200,000 00 

$20,531 49 



* Total value of property mortgaged, 
Amount of insurance held as collateral, 



$309,600 
62,300 



108 MASS. JOINT-STOCK FIRE, MARINE, [Dec. 31, 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Same not collected, 



$14,989 15 
79 26 



Net collected, $14,909 89 

Premiums on risks written or renewed, . . 91,732 88 



Total, $100,042 77 

Premiums now in course of collection, . . 13,91196 



Entire premiums collected, .... $92,730 81 
Less re-insurance and return premiums, . . 7,996 52 

Net cash fire premiums received, . . . 

Interest received on mortea^es, 

Interest and dividends received from all other sources, . 
Income from commissions, 



$84,734 29 
8,285 83 
4,990 72 
1,800 00 



Gross cash income, § 99,816 84 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, 



£54,420 24 

203 78 



Gross cash expenditures, 



.156 46 

16,000 00 

15,290 61 

6,200 00 

912 44 

5,278 25 

197343 76 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Risks and Premiums. 

Premiums. 

. $6,911,436 00 $100,998 16 
. 5,588,254 00 91,732 88 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



$12,499,690 00 $198,731 04 
5,259,498 00 88,673 31 



$7,240,192 00 $110,057 73 
73,275 00 882 76 



. §7,166,917 00 §109,174= 97 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, . . . . 
Cash dividends declared from organization of company, 
Dividends declared during the year (8 per cent.), . 
Company's stock owned by directors, . 



82.220,093 00 

1,431,511 00 

65,334 00 

152,000 00 

16,000 00 

83,500 00 



1888.] AND FIRE-MAKINE INSURANCE COS. 109 



MERCANTILE FIEE AND MARINE INSURANCE COMPANY, 

BOSTON. 

[Incorporated Feb. 11, 1823. Commenced business May, 1823.] 

Paid-up Capital, $400,000. 

Geo. R. Rogers, President. James Simpson, Secretary. 

Office, No. 58 State Street. 



Detailed Statement of Stocks and Bonds. 



100 shares Atlantic National Bank, . 
200 " City National Bank, 
200 " Columbian National Bank, 
214 " Eagle National Bank, . 
300 " Globe National Bank, . 
120 " Hamilton National Bank, 
160 " New England National Bank, 
200 " North National Bank, . 
18 " Railroad National Bank, . 
178 " State National Bank, 
535 " Suffolk National Bank, . 
200 " Tremont National Bank, . 
200 " Union National Bank, . 
200 " Boston and Providence Railroad, 
100 " Lyman Mills, . 
100 " Chicago, Burl, and Quincy R. R. 
Housatonic Railroad bonds, 
New Bedford Railroad bonds, . 
Boston and Lowell Railroad bonds, . 
Boston and Maine Railroad bonds, . 
Fitehburg Railroad bonds, 
Boston city bonds, .... 
Union Pacific, Lincoln and Colorado R. R. bonds, 



Par value. 

^10,000 00 
20,000 00 
20,000 00 
21,400 00 
30,000 00 
12,000 00 
16,000 00 
20,000 00 
1,800 00 
17,800 00 
53,500 00 
20,000 00 
20,000 00 
20,000 00 
10,000 00 
10,000 00 
25,000 00 
30,000 00 
25,000 00 
10,000 00 
25,000 00 
45,000 00 
25,000 00 



Market value. 

$13,200 00 
20,600 00 
25,000 00 
21,828 00 
27,900 00 
15,000 00 
25,760 00 
27,400 00 
2,376 00 
23,140 00 
66,340 00 
22,200 00 
28,000 00 
50,000 00 
6,300 00 
10,900 00 
26,500 00 
33,900 00 
28,200 00 
11,300 00 
27,500 00 
49,950 00 
23,750 00 



$487,500 00 $587,044 00 



Securities held as collateral for cash loans : — 

Market value. Loaned thereon. 

Burlington and Mo. River Railroad bonds, . $2,552 00 

Chicago, Burlington and Northern R. R. bonds, 1,970 00 



$4,000 00 



$4,522 00 $1,000 00 



110 MASS. JOIXT-STOCK FIRE, MARINE, [Dec. 31, 



Summary of Assets Dec. 
Loans on mortgage of real estate (first liens*), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 
Gross assets, 



31, 1888. 

$25,500 00 

341 06 

587,044 00 

4,000 00 

1,277 60 

30,187 42 

4,424 99 

15,141 85 

18,110 89 



$686,027 81 



Liabilities. 
Losses adjusted, unpaid, . % . 
Losses claimed and reported, . 
Losses disputed or resisted, 

Total amount of losses, .... 
Less re-insurance, ... 

Net amount of unpaid losses, . ... 
Unearned premiums on outstanding risks, 
Dividends to stockholders unpaid, . 
Due and accrued for rent, salaries, etc , . 
State and local taxes, .... 
Commissions and brokerage, . 
Return premiums and re-insurance, 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, 



f6,961 04 

17,025 00 
7,000 00 

$30,986 04 
3,122 88 

^27,863 16 

105,298 08f 

6G 00 

469 00 

400 29 

2,982 71 

2,260 32 



139,339 56 

88 25 

400/00 00 

$146,688 25 



Income. 
Fire premiums outstanding Dec. 31, 1887, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash fire premiums received, 



$14,138 97 
51 00 

$14,087 97 
152,810 77 

6166,898 74 
15,141 85 

? 151,756 89 

24,869 26 



6126,887 63 



* Value of lands mortgaged, $29,300 00 

Value of buildings thereon, 32,200 00 

Amount of insurance held as collateral, 31,000 00 

t Of the marine premiums, $4,730.10 is taken at 60 per cent., and $7,274.6S at 100 per cent. 



1888.] AND FIRE-MARINE INSURANCE COS. Ill 



Marine premiums outstanding Dec. 31, 1887, 
Same not collected, ..... 


$24,723 
67 


43 

10 




Net collected, 

Premiums on risks written or renewed, . 


$24,656 
54,659 


33 

28 




Total, 

Premiums now in course of collection, . 


$79,315 
18,110 


61 

89 




Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash marine premiums received, 

Interest received on mortgages, 

Interest and dividends received from all othei 

Income from bank tax returned, 


$61,204 
13,001 


72 

07 


$48,203 65 

l,tt>7 50 

35,737 99 

9,364 56 


• sources, . 

$42,817 
385 


95 

10 


Gross cash income, .... 

Expenditures. 
Cash paid for fire losses, .... 

for marine and inland losses, . 
Deduct salvage and re-insurance, 
Net cash paid for marine and inland losses, 
Cash dividends paid, .... 
Cash paid for commissions and brokerage, 

for salaries of officers and employe 

for State and local taxes, . . ■ 

for incidentals, 


$221,391 33 
$65,663 63 

42,432 85 
32,395 00 
33,601 17 
12,148 00 
5,110 69 
11,301 81 


es, . 

MS. 

.$18,233,781 00 
. 13,712,441 00 

$31,946,222 00 
14,855,093 00 


Gross cash expenditures, . 

Risks and Premiu 

Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 


$202,653 15 

Premiums. 

$194,323 32 
152,810 77 


Total, 

Deduct risks expired and terminated, 


$347,134 09 
159,034 65 


In force at end of year, .... 
Deduct amount re-insured, 


.$17,091,129 
744,779 


00 
00 


$188,099 44 
9,514 61 


Net amount in force, 

Marine risks outstanding Dec. 31, 1887, . 
Marine risks written during 1888, . 


. $16,346,350 00 

. $933,024 00 
2,295,034 00 


$178,584 83 

$17,700 95 
54,659 28 


Total, 

Deduct risks expired and terminated, 


. $3,228,058 
2,322,913 


00 

00 


$72,360 23 
56,627 31 


In force at end of year, .... 
Deduct amount re-insured, 


. $905,145 
12,088 


00 

00 


$15,732 92 
574 74 


Net amount in force, .... 


$893,057 


00 


$15,158 18 



112 MASS. JOINT-STOCK FIRE, MARINE, [Dec. 31, 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company 
Dividends declared during the year (8 per cent ), . 
Company's stock owned by directors, 



S>6,684,144 00 
4,929,889 00 
64,432 00 
24,960 00 
2,026,501 
32,000 00 
27,700 <»<J 



NEPTUNE FIRE AND MARINE INSURANCE COMPANY, 

BOSTON. 

[Incorporated Dec. 24, 1872. Commenced business Jan. 1, 1873.] 

Paid-up Capital, $300,000. 

Geo. F. Osborne, President. Eugene B. Hinkley, Secretary. 

Office, No. 64 State Street. 



Detailed Statement of Stocks 



700 shares Tremont National bank, . 

100 " Union National Bank, . 
50 " Globe National Bank, 
40 " Massachusetts National Bank, 

120 " Hamilton National Bank, 

120 " Suffolk National Bank, . 

120 " Revere National Bank, . 
50 " Everett National Bank, . 
75 " Shoe and Leather National Bank, 
50 " Hide and Leather National Bank, 

100 " Atlas National Bank, 

100 " State National Bank, 
42 " Columbian National Bank, 
70 " Howard National Bank, . 

160 " New England National Bank, 

100 " Faneuil Hall National Bank, . 

120 " Old Boston National Bank, . 

100 " Eliot National Bank, 

100 " Redemption National Bank, . 

120 " Republic National Bank, 

140 " Commerce National Bank, 

Boston and Maine Railroad bonds, . 

Burlington and Mo. in Neb. Railroad bonds, 

Fitchburg Railroad bonds, 

Union Pacific Railroad bonds, . 

Oregon Railway and Navigation Co. bonds, 

Brookline water loan bonds, 

Fitchburg city bonds, 



and Bonds. 

Par value. 

§70,000 00 

10,000 00 

5,000 00 

10,000 00 

12,000 00 

12,000 00 

12,000 00 

5,000 00 

7,500 00 

5,000 00 

10,000 00 

10,000 00 

4,200 00 

7,000 00 

16,000 00 

10,000 00 

12,000 00 

10,000 00 

10,000 00 

12,000 00 

14,000 00 

6,000 00 

24,000 00 

10,000 00 

10,000 00 

10,000 00 

10,000 00 

30,000 00 



Market valne. 

14,100 00 

4,900 00 

10,800 00 

15,000 00 

14,640 00 

15,600 00 

4,900 00 

50 00 

6,100 00 

12,200 00 

13,000 00 

5,292 00 

7,560 00 

25,760 00 

14,200 00 

14,760 00 

12,300 00 

13,400 00 

18,000 00 

17,500 00 

6,780 00 

27,840 00 

11,000 00 

11,400 00 

10,100 00 

12,450 00 

33,150 00 



$363,700 00 §438,432 00 



1888.] AND FIRE-MAKINE INSURANCE COS. 113 



Summary of Assets Dec 

Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, . ' 



31, 1888. 

|438,432 00 

783 30 

30,304 09 

2,696 66 

21,434 88 



|493,650 93 



Liabilities 

Losses claimed and reported, . 

Losses disputed or resisted, 

Unearned premiums on outstanding risks 

Commissions and brokerage, . 

Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, .... 



Surplus over capital, 



Income 

Fire premiums outstanding Dec. 31, 1887 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less re-insurance and return premiums, 
Net cash fire premiums received, 
Interest and dividends received from all 
Income from bank tax returned, 



Gross cash income, 



118,500 00 

5,000 00 

94,499 21 

3,000 00 



sources, 



Expenditures 

Cash paid for fire losses, .... 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, 

Cash paid for marine and inland losses, . 

Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for rent, 

for incidentals, 

Gross cash expenditures, . 



|20,708 06 
189,713 45 

$210,421 51 
21,434 88 

$188,986 63 
20,803 53 



$121,628 76 
324 09 



120,999 21 

$372,651 72 
300,000 00 

$72,651 72 



$168,183 10 
21,756 69 
10,592 25 

$200,532 04 



$121,304 67 

383 86 

18,000 00 

30,159 33 

14,779 70 

1,139 90 

4,112 47 

5,391 16 

$195,271 09 



114 MASS. JOINT-STOCK FIRE, MARINE, [Dec. 31, 



Risks and Premiums. 

Premiums. 

Fire risks outstanding Dec. 81, 1887, . 11,932,269 00 $179,038 44 

Fire risks written during 1888, . . . 14,428,994 00 189,713 45 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount re-insured, 

Net amount in force, . 



126,361,268 00 $308,751 89 
13,799,359 00 182,722 



112,501,904 00 $180,029 5 4 
47,250 00 530 7:5 



$12,514,054 00 185,492 81 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (0 per cent.), . 
Company's stock owned by directors 



. 12,734,297 00 

. 1.810,372 00 

130,305 00 

393.»)0(i 00 

18,000 00 

36.700 00 



NORTH AMERICAN INSURANCE COMPANY. 
BOSTON. 

[Incorporated December, 1872. Commenced l>usine88 Jan. 1, 1873.] 
Paid-up Capital, $200,000. 

Silas Peirce, President. Chas. E. Ma<tli.ar, Secretary. 

Office, 59 KUby Street. 



Detailed Statement ok Stocks 



United States bonds, 

Chicago, Mil. and St. Paul Railroad bonds, 

Chicago, Burl, and Quincy Railroad bonds, 

Northern Pacific Railroad bonds, 

Union Pacific Railroad bonds, . 

Oregon Railway and Navigation Co. bonds, 

Kan. City, Memphis & Birm. R. R. Co. bonds, 

Consolidated Railroad Co. of Vermont bonds, 

50 shares Columbian National Bank, 
100 ' 

95 
150 

17 ' 

29 
143 
138 



Eliot National Bank, 
Globe National Bank, 
Merchants' National Bank, 
National Exchange Bank, 
National Hide and Leather Bank, 
Old Boston National Bank, 
Boston National Bank, . 



and Bonds. 

Par value. 

$50,000 00 
5,000 00 
9,000 00 
5,000 00 
0,000 00 

12,000 00 
5,000 00 
5,000 00 
5,000 00 

10,000 00 
9,500 00 

15,000 0) 
1,700 00 
2,900 00 

14,300 00 

13,800 00 



Market value. 

- !,625 00 

0,225 00 
8,910 00 
."..775 00 
5,700 00 

13,620 00 
4,04 

4,150 00 
6,300 00 

12,300 00 
9,310 00 

21,150 00 
2,209 50 
3,552 50 

17,624 75 

16,905 00 



1888.] AND FIRE-MARINE INSURANCE COS. 115 



50 shares Shoe and Leather National Bank, 
100 " State National Bank, 
100 " Suffolk National Bank, . 

GO " Traders 1 National Bank, . 

50 " National City Bank, 



Securities held as collateral for cash loans 

Union Pacific Railroad bonds, . 
Eastern Railroad bonds, .... 
Southern Kansas Railroad bonds, 
Kansas City, Emporia and So. Railroad bonds 
California Southern Railroad bonds, 
Cinn., Ind., St. Louis and Chic. R. R. bonds, 
Boston, Revere Beach and Lynn R. R. stock, 
Union Pacific, Lincoln and Col R. R. bonds, 
Chic, Kansas and Western R. R. bonds, . 
Atchison, Topeka and Santa Fe R. R. bonds, 
California Southern Railroad bonds, 
Vermont and Massachusetts Railroad bonds, 



Par value. 



Market value. 



$5,000 00 $5,087 50 



10,000 00 

10,000 00 

6,000 00 

5,000 00 



13,050 00 

12,150 00 

5,460 00 

5,200 00 



$205,200 00 ' $213,008 00 



Market value. 

$1,145 00 

1,250 00 
3,710 00 n 
4,520 00 | 
1,050 00 > 
1,050 00 | 
2,243 50' 
12,350 00 n 
3,555 00 l 
890 00 [ 
1,050 00 J 
1,050 00 



Loaned thereon. 

$1,000 00 
800 00 



10,000 00 



15,000 00 



800 00 



$33,863 50 $27,600 00 



Summary of Assets Dec. 31, 1888. 

Cash value of unencumbered real estate, . . $7,899 30 

Loans on mortgage of real estate (first liens *), 68,358 36 

Interest due or accrued thereon, . . . 1,511 73 

Stocks and bonds, as per schedule, . . . 243,008 00 

Loans on collateral security, as per schedule, . 27,600 00 

Cash in the office of the company, . . . 4,934 57 

Cash deposited in bank, 10,532 98 

Interest due and accrued, 1,985 84 

Premiums in course of collection (gross), . 21,590 07 
Premiums more than 3 mos. clue, . $830 63 

Grbss assets, 



$387,420 85 



Liabilities. 

Losses adjusted, unpaid, $5,236 64 

Losses claimed and reported, .... 10,945 54 

Unearned premiums on outstanding risks, . 105,431 76 

Dividends to stockholders unpaid, ... 64 00 

Due and accrued for rent, salaries, etc., . . 975 50 

State and local taxes, 262 18 



* Total value of property mortgaged, 
Amount of insurance held as collateral, 



$122,500 00 
82,000 00 



116 MASS. JOINT-STOCK FIRE, MARINE, [Dec. 31. 



Commissions and brokerage, . 

Return premiums, 

Gross liabilities, exeept capital, 

Surplus as regards policy holders, 
Paid-up capital, .... 



Surplus over capital, 



$3,154 41 
1,262 80 



| 127,332 83 

$260,088 02 
200,000 00 

$60,088 02 



Income 
Fire premiums outstanding Dec. 31, 1887, 
Same not collected, .... 



Net collected, 

Premiums on risks written or renewed, 



Total 

Premiums now in course of collection, 

Entire premiums collected, 
Less re-insurance and return premiums, 
Net cash fire premiums received, 
Interest received on mortgages, 
Interest and dividends received from all 
Income from return of bank tax, etc., 



Gross cash income, 



$15,769 92 
1,151 90 

$14,618 02 
208,838 55 

$ 223,456 57 

22,420 70 

$201,035 87 
41,639 85 



other sources, 



$159,396 02 
1,757 78 

12,092 27 
5,836 61 

$179,082 68 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 



$88,138 61 
5,617 15 



Gross cash expenditures, . 



$82,521 46 

13,936 00 

30,151 03 

12,916 53 

5,215 12 

9,461 93 

$154202 07 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



$15,926,914 00 
21,274,488 00 

$37,201,402 00 
15,845,135 00 

$21,356,26.7 00 
1,832,949 00 



Premiums. 

$169,732 15 
208,838 oo 

-.570 70 
150,533 99 

$228,036 71 
17,173 19 



$19,523,318 00 $210,863 52 



1888.] AND FIRE-MARINE INSURANCE COS. 117 



Miscellaneous. 

Premiums received from organization of company, 

Losses paid from organization of company, . 

Fire losses incurred during the year, . 

Cash dividends declared from organization of company, 

Dividends declared during the year (7 per cent.), . 

Company's stock owned by directors, . . . . 



$1,365,812 00 

529,038 00 

97,827 00 

272,000 00 

14,000 00 

21,000 00 



SALEM MARINE INSURANCE COMPANY, SALEM. 

[Incorporated Feb. 6, 1856. Commenced business Feb. 7, 1857.] 
Faid up Capital, $100,000. 

William Northey, President. Fred'k P. Richardson, Secretary, 



Detailed Statement of Stocks 



United States bonds, 

Burl, and Mo. River (in Neb.) Railroad bonds, 

Cedar Rapids and Mo. Riv. Railroad bonds, 

Consolidated Railroad of Vermont bonds, 

Phila., Wilmington and Baltimore R.R. bonds 

Fremont, Elkhorn and Mo. Val. R.R. bonds, 

Essex Railroad bonds, .... 

Sioux City and Pacific Railroad bonds, . 

Oregon Railway and Nav. Co. bonds, 

Northern Pacific Railroad bonds, 

Chic, Burl and Northern Railroad bonds, 

Chic, and Northwestern Railroad bonds, 

Cleveland city bonds, 

Providence city bonds, 

Cambridge city bonds, 

Louisville city bonds, 

Minneapolis city bonds, 

Cincinnati city bonds, 

Omaha city bonds, . 

St. Paul city bonds, . 

Manhattan Beach Improvement Co. bonds, 

Hancock County (O.) bonds, . 

55 shares Chic, Burl, and Quincy Railroad, 
150 ' 
3 

30 ' 

81 ' 

73 ' 

98 
100 ' 

93 ' 
100 - 



Chic and Northwestern Railroad, 
Chic, Burl, and Northern Railroad 
Mercantile National Bank, Salem, 
Merchants 1 National Bank, Salem, 
Exchange National Bank, Salem, 
First National Bank, Salem, . 
Naumkcag National Bank, Salem, 
North National Bank, Boston, 
Second National Bank, Boston, 



and Bonds. 

Par value. 

$5,000 00 
6,000 00 
5,000 00 
5,000 00 
5,000 00 

10,000 00 
900 00 
2,000 00 
5,000 .00 
5,000 00 
500 00 
5,000 00 

10,000 00 
5,000 00 

10,000 00 
5,000 00 

10,000 00 
5,000 00 

13,000 00 
6,000 00 
5,000 00 
5,000 00 
5,500 00 

15,000 00 
300 00 
3,000 00 
4,050 00 
7,300 00 
9,800 00 

10,000 00 
9,300 00 

10,000 00 



Market value. 

$6,375 00 
6,990 00 
6,612 50 
4,150 00 
5,200 00 

12,300 00 
879 75 
2,120 00 
5,500 00 
5,775 00 
475 00 
5,250 00 

11,500 00 
5,775 00 

12,700 00 
5,300 00 

10,325 00 
5,550 00 

13,855 00 
6,600 00 
3,750 00 
5,375 00 
5,995 00 

16,350 00 

144 00 

3,660 00 

5,548 50 

8,760 00 

12,740 00 

13,675 00 

12,764 25 

16,325 00 



118 MASS. JOINT-STOCK FIRE. MARINE, [Dec. 31, 



100 shares Webster National Bank, Boston, 
75 " Commerce National Bank, Boston, 
51 " Atlantic National Bank, Boston, 
16 " Shawmut National Bank, Boston, . 
21 " Boston National Bank, Boston, 
30 " Merchants' National Bank, Boston, 



I'ar value. 

$10,000 00 
7,500 00 
5,100 00 
1,600 00 
2,100 00 
3,000 00 



.Market value. 

$ 10,850 00 
9,375 00 
6,732 00 
2,080 00 
2,562 00 
1,230 00 



f231,950 00 §274,148 00 



Summary of Assets Dec. 31, 1888. 



Stocks and bonds, as per schedule, . 
Cash in the office of -the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 
Gross assets, 



$274,148 00 

188 94 

16,293 44 

1,355 00 

3,898 70 

7,683 93 



$303,568 01 



Liabilities. 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Dividends to stockholders unpaid, . 
Due and accrued for rent, salaries, etc , 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, .... 



Surplus over capital, . 



$10,000 00 

22,563 00* 

15 00 

538 00 

302 60 



33,418 60 

$270,149 41 
100,000 00 

?170,149 41 



Income. 
Marine premiums outstanding Dec. 31, 1887, . $14,441 45 
Same not collected, 821 00 

Net collected, $13,620 45 

Premiums on risks written or renewed, . . 30,506 00 

Total, $44,126 45 

Premiums now in course of collection, . . 11,582 63 

Entire premiums collected, .... 32,543 82 

Less re-insurance and return premiums, . . 3,509 22 

Net cash marine premiums received, 

[nterest and dividends received from all sources, . 

Income from bank tax returned, 

Gross cash income, 



$29,034 60 
13,541 86 

5,013 02 

647.589 48 



* Taken at 100 per cent. 



1888.] AND FIRE-MARINE INSURANCE COS. 119 



Expenditures. 

Cash paid for marine and inland losses, . 

Deduct salvage and re-insurance, 

Net cash paid for marine and inland losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 



115,509 58 
895 59 



Gross cash expenditures, . 



$14,613 99 
9,985 00 
1,852 75 
4,100 00 
2,055 20 
1,146 61 

$33,753 55 



Risks and Premiums. 



Marine risks outstanding Dec. 31, 1887, 
Marine risks written during 1888, . 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



$459,386 00 
1,209,478 00 

$1,668,864 00 
1,146,336 00 

$522,528 00 
2,500 00 



Premiums. 



,487 93 
30,506 00 



$49,993 93 

27,430 93 

$22,563 00 

68 75 



$520,028 00 $22,494 25 



Miscellaneous. 

Premiums received from organization of company, . . $1,469,105 00 

Losses paid from organization of company, . • # • • 1,107,924 00 

Marine and inland losses incurred during the year, . . 19,614 00 

Cash dividends declared from organization of company, . 314,000 00 

Dividends declared during the year (10 per cent.), . . 10,000 00 

Company's stock owned by directors, 18,900 00 



SPRINGFIELD FIRE AND MARINE INSURANCE COMPANY, 

SPRINGFIELD. 

[Incorporated 1849. Commenced business 1851.] 

PAiD-ur Capital, $1,250,000. 

J. N. Dunham, President. S. J. Hall, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par value. Market value. 

United States bonds, $100,000 00 $125,000 00 

Wakefield (Mass.) Water Company bonds, . 50,000 00 55,000 00 

Ann Arbor (Mich.) Water Company bonds, . 50,000 00 53,000 00 

Amherst (Mass ) Water Company bonds, . 16,000 00 16,000 00 

Berkshire Water Company bonds, . . . 15,000 00 15,000 00 

West Springfield Aqueduct Company bonds, . 25,000 00 25,000 00 

Kan. City, St. Joe and Council Bluffs R. R. bonds, 100,000 00 120,000 00 



120 MASS. JOINT-STOCK FIRE, MARINE, [Dec. 31, 

Par value. Market value. 

Union Pacific Railroad bonds, .... $48,000 00 $50,880 00 

Chicago and Northwestern Railroad bonds, . 50,000 00 00,000 00 

New York and Harlem Railroad bonds, . . 10,000 00 13,000 00 

Chicago, Milwaukee and St. Paul R. R. bonds, 10,000 00 12,500 00 

St. Paul, Minneapolis and Manitoba R. R. bonds, 50,000 00 58,000 00 

Chicago, Burlington and Quincy R. R. boncK. 10,000 00 9,200 00 

Detroit, Lansing and Northern Railroad bonds, 2,000 00 2,400 00 

Chicago, Burlington and North ernR.R. bon<U . 11,000 00 11,000 I 

1000 shares Boston and Albany Railroad. . 100,000 00 200,000 00 

500 " Connecticut River Railroad, . . ,000 00 95,000 00 

1000 " N. Y.,Ne\v Haven and Hart. EL R, 100,000 00 I 00 

500 " Old Colony Railroad, . . . 50,000 00 85,000 00 

1000 " New York and Harlem Railroad, . 50,000 00 115,000 00 

1100 " Chicago, Burl, and Quincy R. R, . 110,000 00 121,000 00 

650 " Chicago, Mil. and St. Paul R. R., . 65,000 00 63,600 00 

500 " Pennsylvania Railroad, . . . 25,000 00 27,000 00 

100 " Chicago, Burl, and Northern R. R. 10,000 00 5,000 00 

500 " Connecticut and Passumpsic R. R., 50,000 00 56, 000 00 

500 " Chicago and Alton Railroad, . 50,000 00 68,000 00 

550 " Chic, Rock Island and Pacific R.R., 55,000 00 55,000 00 

500 " Illinois Central Railroad, . . 50,000 00 57,500 00 

500 " Atchison, Top. and Santa Fe R. R., 50,000 00 29.000 00 

203 " Agawam Naf 1 Bank, Springfield, 20,300 00 24,360 00 

200 " John Hancock Nat'l Bank, Springf'ld. 20,000 00 24,000 00 

104 " Chicopee Nat'l Bank, Springfield, 10,400 00 17,160 00 

127 " Pynchon Nat'l Bank, Springfield, . 12,700 00 00 

166 " Second Nat'l Bank, Springfield. . 16,600 00 24,900 00 

200 " Third National Bank, Springfield, 20,000 00 40,000 00 

100 " City National Bank, Springfield, . 10,000 00 13,000 00 

100 " Chapin Nat'l Bank, Springfield, . 10,000 00 13.500 00 

200 " First National Bank, Springfield, . 20,000 00 29,000 00 

75 " Ware National Bank, Ware, . 7.500 00 9.375 00 

100 " First Nafl Bank, Northampton, . 10,000 00 13,600 00 

100 " No'harnp. Nat'l Bank, No'harnp., . 10,000 00 17.000 00 

10 " Monson National Bank, Monson. . 1,000 00 1,500 00 

65 " First National Bank, Chicopee, . 6,500 00 9,100 00 

250 " City National Bank, Holyoke, . 25,000 00 27,500 00 

20 " Adams National Bank, No. Adams, 2,000 00 2.800 00 

60 " Franklin Co. Nafl Bank, Greenfield, 6,000 00 6,000 00 

75 " Palmer National Bank, Palmer, . 7.500 00 9,150 00 

41 " . First National Bank, Lynn, . . 4.100 00 5,125 00 

100 " Tremont National Bank, Boston, . 10,000 00 11,100 00 

100 " Boston National Bank, Boston, . 10,000 00 12.200 00 

100 " New England Nat'l Bank, Boston. 10,000 00 16,100 00 

100 " Commonwealth Nat'l Bank, Boston, 10,000 00 13.700 00 

100 " Merchandise Nat'l Bank, Boston, . 10,000 00 9,000 00 

100 " Merchants' National Bank, Boston. 10,000 00 14,000 00 

100 " Atlas National Bank, Boston, . 10,000 00 12,300 00 

300 " Howard National Bank, Boston, . 30,000 00 32,400 00 



1888.] AND FIRE-MARINE INSURANCE COS. 121 



150 shai 


150 


si 


100 


u 


100 


(1 


100 


u 


80 


u 


90 


U 


78 


n 


60 


U 


100 


u 


100 


it 


200 


u 


200 


it 


200 


it 


100 


u 



Par value. 

es Webster National Bank, Boston, . $15,000 00 

Boylston National Bank, Boston, . 15,000 00 

Eliot National. Bank, Boston, . 10,000 00 

• Natl Bank of Commerce, Boston, 10,000 00 

Shawmut National Bank, Boston, 10,000 00 

Freeman's National Bank, Boston, 8,000 00 

Washington Natl Bank, Boston, . #,000 00 

Old Boston Natl Bank, Boston, . 7,800 00 

National Exchange Bank, Boston, 6,000 00 

Natl Bank of Commerce, New York, 10,000 00 

Natl Bank of North America, N. Y., 7,000 00 

Fourth National Bank, New York, 20,000 00 

Continental Natl Bank, New York, 20,000 00 

Metropolitan Natl Bank, New York, 20,000 00 

St. Paul Natl Bank, St. Paul, Minn., 10,000 00 



Market value. 

|16,360 00 

20,550 00 
12,200 00 
12,500 00 
13,000 00 

8,000 00 
10,980 00 

9,594 00 

7,980 00 
18,000 00 
10,500 00 
28,400 00 
26,000 00 

2,000 00 
11,000 00 



$1,859,400 00 $2,478,324 00 



Securities held as collateral for cash loans : — 



25 shares Quassaic Natl Bank, Newb'gh, N. Y. 



100 
60 
1 
15 
10 
57 



Nonotuck Paper Co., Holyoke, Mass., 
Valley Paper Co., Holyoke, Mass , . 
Parsons Paper Co., Holyoke, Mass., 
Park National Bank, New York, 
Farmers 1 National Bank, Rome, N.Y., 
Springfield Gas Light Company, 



Market value. 

?C25 00 
12,500 00 
9,000 00 
15,000 00 
2,700 00 
1,100 00 
8,550 00 



Loaned thereon. 

§400 00 

25,000 00 

1,500 00 
1,000 00 
5,000 00 



$49,475 00 $32,900 00 



Summary of Assets Dec. 31, 1888. 



Cash value of unencumbered real estate, . 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Gross assets, 



$110,853 00 

226,900 00 

4,668 06 

2,478,324 00 

32,900 00 

8,130 88 

123,348 77 

22,509 25 

191,626 00 

881 92 



$3,200,141 88 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$143,300 00 
258,900 00 
197,600 00 



122 MASS. JOINT-STOCK FIRE, MARINE, [Dec. 31, 

Liabilities. 



Losses adjusted, unpaid, .... 
Losses claimed and reported, . 
Losses disputed or resisted, 

Total amount of losses, .... 
Less re-insurance. * 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 

Surplus over capital, .... 



$29,675 95 
79,570 00 
25,017 96 

1134,263 91 
3,429 50 



81.50,834 41 

1,198,531 68 

28,743 90 



$1,358,109 99 

$1,842,031 89 
1,250,000 00 

'2,031 89 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 



Gross cash income, 



f 185,500 00 
1,824,009 50 

'•09,509 50 
191,626 00 

f 1,817,883 50 
233,489 91 

§1,584,393 59 

12,633 63 

sources, . . 117,121 31 

4,054 26 



$1,718,202 79 



Expenditures. 

Cash paid for fire losses, . 

Deduct salvage and re-insuranee. 

Net cash paid for fire losses, 

( 'ash dividends paid, . 

( 'ash paid for commissions and brokerage, 
for salaries of officers and emploj 
for State and local taxes, . 
for incidentals, 



$988,201 01 
52,124 93 



,076 08 
125,000 00 
259,408 

70,184 25 

42,432 96 

150,059 80 



Gross cash expenditures, 



. $1,583,161 47 



1888.] AND FIRE-MARINE INSURANCE COS. 123 



Risks and Premiums 

Fire and tornado risks outstanding Dec. 

31, 1887, 

Fire and tornado risks written during 1888, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 



1173,613,715 00 $2,363,704 35 
127,455,905 00 1,824,009 50 



$301,069,620 00 $4,187,713 85 
125,791,183 00 1,790,650 49 



$175,278,437 00 $2,397,063 36 



Miscellaneous. 

Premiums received from organization of company, . 

Losses paid from organization of company, 

Fire losses incurred during the year, . 

Cash dividends declared from organization of company, 

Dividends declared during the year (10 percent.), . 

Company's stock owned by directors, . 



$23,853,731 00 

14,805,649 00 

897,866 00 

2,229,542 00 

125,000 00 

175,500 00 



WELLFLEET MARINE INSURANCE COMPANY, WELLFLEET. 

[Incorporated Doc. 28, 1885. Commenced business Feb. 1, 1886.] 

Paid-up Capital, $100,000. 

Thomas Kemp, President. Chas. A. Collins, Secretary. 



Detailed Statement of Stocks 



Freeman's National Bank, 
Republic National Bank, 
Blackstone National Bank, 
Hide and Leather National Bank, 
State National Bank, 
Union Market National Bank, 
Home National Bank, Brockton, 
Manufacturers 1 National Bank, 
First National Bank Portland, 
Maverick National Bank, 
First (Ayer) National Bank, . 
First Ward National Bank, 
Boston and Maine Railroad, . 
Old Colony Railroad, 
Boston Marine Insurance Co., 
Ocean Marine Ins. Co., Portland, 
National Car Company, . 



National Car Company bonds, 



and Bonds. 

Par value. 

$8,000 00 

4,700 00 

300 00 

1,500 00 

3,000 00 

1,200 00 

5,400 00 

2,000 00 

3,000 00 

2,300 00 

1,000 00 

2,500 00 

700 00 

1,000 00 

5,000 00 

00 

1,000 00 

7,500 00 

2,000 00 



Market value. 

$11,360 00 
5,287 50 

450 00 
1,665 00 
3,660 00 
1,566 00 
8,640 00 
2,500 00 
2,887 50' 
3,150 00 
2,300 00 
3,125 00 

910 00 

1,800 00 

8,575 00 

10,200 00 

600 00 
4,500 00 
2,000 00 



124 MASS. JOINT-STOCK FIRE, MARINE, [Dec. 31, 



Mexican Central Railroad bonds, 
United States bonds, .... 
Lombard Investment Company bonds, 
Sho waiter Mortgage Company bonds, 



Summary of Assets Dec 
Stocks and bonds, as per schedule, . 
Loans on personal security, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 
Gross assets, 

Liabilities. 
Losses claimed and reported, . 
Losses disputed or resisted, 

Total amount of losses, 
Less re-insurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, 

Surplus over capital, 



Income. 

Cash received for marine premiums, 
Less re-insurance and return premiums, . 
Net cash marine premiums received, 
Interest and dividends received from all sources, 

Gross cash income, 

Expenditures. 

Cash paid for marine and inland losses, . 

Deduct salvage and re-insurance, 

Net cash paid for marine and inland losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local tax* 

Gross cash expenditures, .... 



Par value. 

$2,000 00 
1,500 00 
7,500 00 

2,700 00 



Market value. 

? 1,400 00 

1,020 00 

00 00 

2,700 00 



|72,600 00 $88,606 00 

31, 1888. 

$88,696 00 

3,925 00 

7,308 58 

23,591 20 

9,000 00 

38,030 34 

$170,551 12 



$9,500 00 
1,500 00 



,000 00 
1,000 00 



,000 00 
37,383 97* 



£65,195 50 
1,977 62 



$76,810 22 
369 09 



47,383 97 

|123,167 15 

100,000 00 

$23,167 15 



803,217 B8 
6,100 90 

809.318 78 



876,441 13 

6,000 00 

5 43 

2,811 87 

1,394 60 

|92,043 03 



* Taken at 100 per cent. 



1888.] AND FIRE-MARINE INSURANCE COS. 125 



Risks and Premiums. 

Premiums. 

Marine risks outstanding Dec. 31, 1887, . . $698,360 00 $46,876 38 
Marine risks written daring 1888, . . . 1,334,592 00 55,030 94 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



$2,032,952 00 $101,907 32 
1,400,375 00 63,876 60 



$632,577 00 $38,030 72 
11,300 00 646 75 



$621,277 00 $37,383 97 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (6 per cent.), . 
Company's stock owned by directors, .... 



$145,736 00 

140,517 00 

40,386 00 

6,000 00 

6,000 00 

26,500 00 



126 



AGGREGATE. 



[Dec. 31,'* 



AGGREGATE. 



Capital Stock. 

Whole amount of capital actually paid up in cash, 



Gross present assets, 



AS8 



Liabilities 

Gross present liabilities, 

Income. 
Cash actually received for fire premiums, 

actually received for marine premiums, . 

lor interest and dividends from all sources, . 

from all other sources, ..... 

Gross cash income, 

ExPENDITURi 

(ash actually paid during the year for tire losses, . 
actually paid during the year for marine losses, 
dividends to stockholders, .... 
for brokerage and commissions on premiums, 
for salaries and pay of officers and employees, 
for State and local taxes, .... 
for office, agency and incidental expenses, 

( . ross cash expenditur 

Miscellaneous. 
Whole amount of fire risks written during the year, 
premiums charged or receiyable thereon, 
marine risks written during; the year, . 
premiums charged or receiyable thereon, 
tire risks terminated during the year, . 
marine risks terminated during the year, 
fire risks outstanding at end of year, . 
marine risks outstanding at end of year, 
cash diyidends declared during the year, 
fire losses incurred during the year, . 
marine losses incurred during the year, 



f 11,551,150 

$3,454,879 



§3.072,892 

1,294,442 

47:3,200 

64,130 

$4,904,070 



§l,7b 
911,416 
434,500 
616 

252.764 
92,656 
36' 

$4,454,436 



$300,425,723 
3,632.712 
97,534. 
1.5:> 
277,928, 

15.076,145 

374,958,934 

15,665,377 

433,932 

1,767 

1,008,071 



FIRE, MAEINE, AND FIRE-MARINE 
INSURANCE COMPANIES 

OF OTHER STATES. 



Detailed Statement of Assets and Liabilities, with Abstract 

of Annual Statements, for the Year ending 

December 31, 1888. 



127 



128 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



DETAILED STATEMENTS OF ASSETS AND LIABILITIES. 



^ETNA INSURANCE COMPANY, HARTFORD, CONN. 

[Incorporated June, 1819. Commenced business Aug. 17, 1819.] 

Paid-up Capital, $4,000,000. 

Jotham Goodnow, President. A. C. Bayne, Secretary. 



Detailed Statement of 

United States bonds, . 
Alabama State bonds, 
New Hampshire State bonds, . 
Rhode Island State bonds, 
South Carolina State bonds, 
Tennessee State bonds, 
Hartford County, Conn., bonds, 
Hudson County, N. J., bonds, . 
Barkhamsted, Conn., town bonds, 
Hartford, Conn., town bonds, . 
Middletown, Conn., town bonds, 
Norwich, Conn., town bonds, . 
Norfolk, Conn., town bonds, 
Pawtucket, R. I., town bonds, . 
Windsor Locks, Conn., town bonds, 
Bloomington, 111., city bonds, . 
Boston, Mass., city bonds, 
Brooklyn, N. Y., city bonds, 
Buffalo, N. Y., city bonds, 
Cleveland, Ohio, city bonds, 
Cincinnati, Ohio, city bonds, 
Chicago, 111., city bonds, . 
Cony, Pa., city bonds, 
Detroit, Mich., city bonds, 
East Saginaw, Mich., city bonds, 
Fort Wayne, Ind., city bonds, . 
Hartford, Conn., city bonds, 
Indianapolis, Ind., city bonds, . 
Jersey City, N. J., city bonds, . 
Kansas City Improvement city bonds, 
Lockport, N. Y., city bonds, 



Stocks and Bonds. 

Par value. 

§177,000 00 

10,000 00 

48,000 00 

43,000 00 

15,000 00 

31,000 00 

38,000 00 

• 15,000 00 

6,000 00 

1,000 00 

60,000 00 

100,000 00 

14,000 00 

100,000 00 

20,000 00 

20,000 00 

50,000 00 

9,000 00 

50,000 00 

25,000 00 

50,000 00 

31,000 00 

10,000 00 

30,000 00 

12,000 00 

25,000 00 

111,000 00 

50,000 00 

15,000 00 

10,000 00 

25,000 00 



Market value. 

$218,027 50 
10,800 00 
60,000 00 
48,590 00 
16,050 00 
19,840 00 
38,000 00 
15,750 00 
6,240 00 
1,000 00 
63,000 00 

140,000 00 
14,420 00 

120,000 00 
22,000 00 
23,000 00 
60,000 00 
10,620 00 
66,500 00 
29,000 00 
57,000 00 
35,960 00 
10,500 00 
33,000 00 
12,240 00 
28,750 00 

122,100 00 
59,000 00 
15,750 00 
11,000 00 
31,000 00 



1888.] 



INS. COS. OF OTHER STATES. 



129 



Montreal, Canada, corporation bonds, 

Newark, X. J., city bonds, 

New Brunswick, X. J., city bonds, . 

Ottumwa, la., city bonds, . 

Providence, R. I., city bonds, . 

Rahway, N. J., city bonds, 

Rochester, X. Y., city bonds, . 

St. Louis, Mo., city bonds, 

Toledo, O., city bonds, 

School District, Blakesburg, la., bonds, 

School District, Chelsea, la., bonds, . 

School District, Montezuma, la , bonds, 

School District, Ottumwa, la., bonds, 

School District, State Center, la., bonds, 

North East School Dist., Hartford, Conn., bonds 

School District, Enfield, Conn., bonds, 

School District, Woodbridge, X. J., bonds, 

State of Illinois bonds, .... 

Albany and Susquehanna Railroad bonds, 

Atchison, Colorado and Pacific Railroad bonds 

Buffalo and Erie Railroad bonds, 

Cleveland, Col., Cin and Ind. Railroad bonds 

Cleve , Painesville and Ashtabula R.R. bonds 

Chicago, Burlington and Quincy R. R. bond 

Chicago, Milwaukee and St. Paul R.R. bonds 

Chicago and Northwestern Railroad bonds, 

Chicago, Rock Island and Pacific R. R. bonds 

Chicago and West Indiana Railroad bonds, 

Columbus and Xenia Railroad bonds, 

Columbus and Toledo Railroad bonds, . 

Dayton and Western Railroad bonds, 

Delaware and Hudson Canal Company bonds 

Harlem River and Port Chester R. R. bonds, 

Housatonic Railroad bonds, 

Iowa Midland Railroad bonds, 

Jackson, Lansing and Saginaw R R. bonds, 

Kansas Pacific Railroad bonds, 

Keokuk and Des Moines Railroad bonds, 

Lake Shore Railroad bonds, 

Lake Shore and .Michigan Southern R. R. bonds 

Mahoning Railroad coal bonds, 

Michigan Central Railroad bonds, . 

Minneapolis and St. Louis Railroad bonds, 

Minneapolis Union Railroad bonds, 

Morris and Essex Railroad bonds, . 

Xew York Central Railroad bonds, . 

Xew York Cent, and Hudson Riv. R. R. bonds 

Xew York and Harlem Railroad bonds, . 



Par value. 

§23,000 00 
50,000 00 
29,000 00 
16,000 00 
50,000 00 
45,000 00 
25,000 00 
50,000 00 
18,000 00 
2,000 00 
1,500 00 
3,000 00 
15,000 00 
10,000 00 
20,000 00 
5,000 00 
13,000 00 
9,000 00 
100,000 00 
50,000 00 
40,000 00 
85,000 00 
32,000 00 
125,000 00 
145,000 00 
155,000 00 
160,000 00 
46,000 00 
50,000 00 
14,000 00 
28,000 00 
55,000 00 
150,000 00 
83,000 00 
25,000 00 
57,000 00 
25,000 00 
40,000 00 
30,000 00 
95,000 00 
30,000 00 
50,000 00 
25,000 00 
50,000 00 
160,000 00 
37,000 00 
175,000 00 
10,000 00 



Market value. 

§25,280 00 
60,000 00 
32,350 00 
16,000 00 
60,000 00 
11,250 00 
28,750 00 
55,000 00 
20,840 00 
2,000 00 
1,500 00 
3,000 00 
15,000 00 
10,000 00 
20,000 00 
5,000 00 
13,650 00 
9,900 00 
129,000 00 
52,750 00 
55,2 ,0 00 
110,650 00 
35,200 00 
145,500 00 
180,300 00 
205,000 00 
190,600 00 
52,210 00 
53,000 00 
15,680 00 
30,800 00 
70,300 00 
196,000 00 
83,000 00 
33,250 00 
60,950 00 
28,000 00 
42,000 00 
36,600 00 
118,550 00 
32,700 00 
62,500 00 
21,250 00 
58,500 00 
218,650 00 
38,850 00 
239,750 00 
13,100 00 



130 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 

I'nr value. Market value. 

New York, Lake Erie and Western R. R. bonds, $45,000 00 |61 ,050 00 

New York and New England Railroad bonds, 50,000 00 63,000 00 

North Western Union Railroad bonds, . . 25,000 00 83,500 00 

Oswego Railroad bridge bonds, . . . 50,000 00 60,000 00 

Ohio and West Virginia Railroad bonds, . 20,000 00 29,640 00 

Pittsburgh, Fort Wayne & Chicago R. R. bonds, 196,000 00 275,850 00 

St. Johnsbury and Lake Champlain R. R. bonds, 59,000 00 64,900 00 

St. Paul, Minn, and Manitoba Railroad bonds, 18,000 00 21,240 00 

St. Paul and Northern Pacific Railroad bonds, 50,000 00 60,000 

St. Paul and Sioux City Railroad bonds, . . 20,000 00 24,400 00 

St. Louis and Iron Mountain bonds, . . 10,000 00 10,900 00 

Vermont Valley Railroad bonds, . . . 50,000 00 52.500 00 

West Shore Railroad bonds, .... 50,00000 62,50000 

Atlantic Dock Company bonds, . . . 31,000 00 .790 00 

Loan and Guarantee Co. of Connecticut bonds, 10,000 00 1<>,000 00 

Atlantic Mutual Insurance Company scrip, . 38,100 00 .100 00 

50 shares Connecticut River Company,. . 5,000 00 1,000 00 

500 " Albany and Susquehanna Railroad, 50,000 00 77,500 00 

150 " Central Ohio Railroad, . . 7,500 00 7,500 00 

1000 " Cleveland and Pittsburgh Railroad, 50,000 00 78,500 00 

220 " Chic, Burlington and QuincyR. R, 22,000 00 24,200 00 

220 " Chic, R. I. and Pacific Railroad, . 22,000 00 21,450 00 

300 " Connecticut River Railroad, . . 30,000 00 60,000 00 

500 " Conn, and Passumpsic River R. R , 50,000 00 50,300 00 

400 " Fort Wayne and Jackson R. R., . 40,000 00 4 ',000 00 

100 " Joliet and Chicago Railroad, . 10,000 00 15,000 00 

200 " Kal., Allegan and G.R. R.R, . 20,000 00 22,700 00 

200 " Keokuk and Des Moines R. R , . 20,000 00 5,000 00 

1000 " Morris and Essex Railroad, . . 50,000 00 72,500 00 

800 " New York Cent, and H. Riv. R. R , 80,000 00 86,800 00 

500 " New York and Harlem Railroad, . 25,000 00 58,750 00 

1000 " N. Y., N. H. and Hartford R. R., . 100,000 00 245,000 00 

500 " Northwest Telegraph Company, . 25,000 00 25,000 00 

750 " Pitts , Ft, Wayne and Chic R. R , 75,000 00 112.500 00 

150 " Peoria and Bureau Valley R. R-, . 15,000 00 24,500 00 

200 " Rensselaer and Saratoga R. R , . 20,000 00 35,000 00 

200 " Valley (New York) Railroad, . 20,000 00 20,000 00 

200 " iEtna National Bank, Hartford, . 20,000 00 21,400 00 

200 " American Natl Bank, Hartford, . 10,000 00 13,200 00 

400 " Charter Oak Natfl Bank, Hartford, 40,000 00 42,000 00 

160 " City Bank, Hartford, . . . 16,000 00 15,200 00 

150 " Conn. River Banking Co, Hartford, 7.500 00 7. 500 00 

334 " Farmers and Mech. Nat. B^H'tford, 33,400 00 35.404 00 

200 " First National Bank, Hartford, . 20,000 00 20,600 00 

1000 " Hartford National Bank, Hartford, 100,000 00 158.000 00 

550 " National Exchange Bank, Hartford, 27,500 00 33,000 00 

1000 " Phoenix National Bank, Hartford, 100,000 00 120,000 00 

550 " State Bank, Hartford, . . . 55,000 00 49,500 00 



1888.] 



INS. COS. OF OTHER STATES. 



131 



400 shares 


400 


(( 


300 


(( 


200 


(( 


100 


a 


300 


u 


100 


t( 


700 


(( 


120 


t( 


1200 


It 


400 


It 


200 


(( 


500 


it 


150 


t( 


300 


tl 


100 


a 


300 


tt 


200 


u 


100 


tt 


250 


tt 


100 


tt 


50 


tt 


200 


tt 


100 


tt 


200 


tt 


100 


tt 


100 


tt 


100 


tt 


150 


tt 


100 


tt 


100 


tt 



Par value. 

Am Ex. Nat'l Bank, New York, . $40,000 00 

Bank of the Manhattan Co , N. Y., 20,000 00 

B'k of N. Y Nat. B'k'g Ass'n, N. Y., 30,000 00 

Bank of North America, New York, 14,000 00 

Hanover National Bank, New York, 10,000 00 

Importers & Trad. Nat. Bank, N.Y., 30,000 00 

Market and Fulton Nat. Bank, N.Y., 10,000 00 

Merchants' National Bank, N. Y., 35,000 00 

Merchants' Ex. Nat'l Bank, N. Y., 6,000 00 

Mechanics' National Bank, N. Y., 30,000 00 

Metropolitan National Bank, N. Y., 40,000 00 

Nassau Bank, New York, . ■ 10,000 00 

National Bank of Commerce, N. Y., 50,000 00 

Nat'l Bank of the Republic, N. Y., 15,000 00 

Nat'l Butchers & Drovers' Bk,N.Y., 7,500 00 

National City Bank, New York, . 10,000 00 

Phenix National Bank, N. Y., . .6,000 00 

People's Bank, New York, . . 5,000 00 

Third National Bank, New York., 10,000 00 

Farmers and Mech Nat. Bank, Phila., 25,000 00 

First National Bank, Albany, . 10,000 00 

Merchants' National Bank, St. Louis, 5,000 00 

Mechanics' Bank, St. Louis, . . 20,000 00 

New Britain National Bank, N. B., 10,000 00 

Am. Loan and Trust Co., N. Y., . 20,000 00 

Central Trust Company, New York, 10,000 00 

Holland Trust Company, N. Y., . 10,000 00 

Metropolitan Trust Company, N. Y., 10,000 00 

N. Y. Life Ins and Trust Co., N. Y., 15,000 00 

United States Trust Co., New York, 10,000 00 

Union Trust Company, New York, 10,000 00 



Market value. 

$57,600 00 
33,600 00 
69,000 00 
21,000 00 
23,000 00 
150,000 00 
18500 00 
50,750 00 

7,080 00 
54,000 00 

4,000 00 
15,500 00 
90,000 00 
22,800 00 
14,250 00 
35,500 00 

8,000 00 
10,000 00 
11,000 00 
40,500 00 
17,500 00 

5,250 00 
24,000 00 
15,000 00 
20,000 00 
57,500 00 
20,500 00 
19,500 00 
87,000 00 
60,000 00 
60,000 00 



1,146,000 00 $8,011,751 50 



Securities held as collateral for cash loans : — 



39 shares New York, N. II. and H. R. R., 
24 

7 

25 
25 

3 

18 
11 

2 
10 



Willimantic Linen Company, . 
Second National Bank, Springfield, . 
National Bank of Commerce, N. Y., 
Mechanics' National Bank, N. Y., . 
Chic , Burlington and Quincy R. R , 
Union Pacific Railroad, 
Atchison, Topeka and Santa Fe R. R., 
National New Haven Bank, 
New York and N. J. Telephone Co., 



Market value. Loaned thereon. 



$9,555 00 


$1,000 00 


1,056 00 


200 00 


1,085 00 


540 00 


4,500 00 ) 




1,125 00 S 


3,600 00 


330 00 ^ 




1,134 CO 1 




638 00 [ 


2,430 00 


314 00 1 




830 00 J 





$20,567 00 $7,770 00 



132 FIRE, MARINE, AND FIRE-MAKINE [Dec. 31, 

Summary of Assets Dec. 31, 1888. 

Cash value of unencumbered real estate, . $365,000 00 
Loans on mortgage of real estate (first liens*), 43,700 00 

Interest due or accrued thereon, . . . 385 29 

Stocks and bonds, as per schedule, . . . 8,011,751 50 

Loans on collateral security, as per schedule, . 7,770 00 

Cash in the office of the company, . . . 7,743 72 

Cash deposited in bank, ■ 970,920 85 

Interest due and accrued, 563 

Premiums in course of collection (gross), . 448,491 41 

Gross assets, 

Deduct special deposits in other States, . 



Balance, 



56,335 02 
113,307 50 

19,743,028 12 



Liabilities. 



Losses adjusted, unpaid, . 
Losses claimed and reported, 
Losses disputed or resisted, 

Total amount of losses, 
Less re-insurance, 

Net amount of unpaid losses, 
Unearned premiums on outstanding risks 
Reclaimable on perpetual fire losses, 
Due and accrued for rent, salaries, etc., 
Commissions and brokerage, . 
Return premiums, .... 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, . 
Paid-up capital, .... 



-.751 30 

155,814 13 

-0 00 

$193,245 43 
5,5G7 00 

r8 43 

1,910,402 03 

22,299 32 

' 00 

77,812 19 

41,197 15 



82.239,949 12 
59,718 35 



2,180,230 77 



7,502,797 35 
. 4,000,000 00 



Surplus over capital, 83,502,797 35 



Income. 
Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash fire premiums received, 



8325,308 48 
2,718,444 00 

?3,043,752 54 
383,140 47 

$2,000,012 07 
231.413 80 



82,429,10- 21 



* Total value of property mortgaged, 
Insurance held ae collateral, 



$117,500 
34,5u0 



1888.] 



INS. COS. OF OTHER STATES. 



133 



Inland premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash inland premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Deposits received for perpetual fire risks, . 
Gross cash income, .... 



$98,492 56 
176,811 89 

$275,30-1 45 
65,353 94 

$209,950 51 
39,449 06 



sources, . 

$3,787 61 



$170,501 45 

2,349 34 

415,979 93 

9,992 94 

'3,028,021 87 



Expenditures. 

Cash paid for fire losses, 

for inland losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 

Deposits returned on perpetual fire risks, 

Gross cash expenditures, .... 

Risks and Premiums. 



$90 00 



$1,335,840 49 
79,885 58 
720,000 00 
399,689 94 
168,112 40 
46,949 37 
215,169 81 

$2,965,647 59 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



$299,927,164 00 
229,338,937 00 

$529,266,101 00 
214,134,826 00 

$315,131,275 00 
5,777,478 00 

$309,353,797 00 



Premiums. 

$3,528,282 86 
2,718,444 06 

$6,246,726 92 
2,523,242 60 

$3,723,484 32 
72,237 23 



Perjjetual risks in force (not including above) , $969,900 00 



Inland risks outstanding Dec. 31, 1887, 
Inland risks written during 1888, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 



$2,555,605 00 
101,493,372 00 

$104,048,977 00 
101,015,927 00 

$3,038,050 00 

2,500 00 



3,651,247 09 

$23,472 96 

$21,310 16 

176,811 89 

$198,122 05 

166,291 55 

$31,830 50 

80 15 



Net amount in force, . 



$3,030,550 00 $31,750 35 



134 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Miscellaneous. 

Premiums received from organization of company, 

Losses paid from organization of company, 

Fire losses incurred during- the year, . 

Inland losses incurred during the year, . 

Cash dividends declared from organization of company, 

Dividends declared during the year (18 per cent.), 

Company's stock owned by directors, .... 



$100,924,825 00 

'■ 00 

1,317,345 00 

35,478 00 

17,153,305 00 

720,000 00 

263,700 00 



" ALBANY INSURANCE COMPANY," ALBANY, N. Y. 

[Incorporated March S, 1811. Commenced business March 16, 1811.] 

Re-organized June 1, 1881. 

Paid-up Capital, $200,000. 

J. Howard King, President. John E. McElrot, Secretary. 



Detailed Statement of Bonds. 



Watervliet Turnpike and Railroad Co. bonds, 
Northern Pacific Railroad bonds, 
Milwaukee and St. Paul Railroad bonds, . 
Albany and Susquehanna Railroad bonds, 
West Shore Railroad bonds, 
New York Central Railroad bonds, . 



Far value. 

?1G,000 00 
20,000 00 
10,000 00 
25,000 00 
60,000 00 
50 000 00 



Market value. 

.000 00 
23,000 00 
11,000 00 
30,750 00 
01,725 00 
53,875 00 



8181,000 00 8196,350 00 



Summary of Assets Dec. 31, 1888. 



Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Bonds, as per schedule, 
Cash in the office of the company, 
Cash deposited in bank, . 
Interest due and accrued, . 
Premiums in course of collection (gross), 
Gross assets, 

Liabilities. 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., 
State and local taxes, 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, . 



$202,250 00 

51 39 

196,350 00 

5,006 05 

12,090 02 

1,218 32 

113 93 



§3,894 85 

o'2Mo 21 

416 67 

1,409 27 



§419,729 71 



58,336 00 

8361,393 71 
,000 00 

$161,393 71 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$269,700 00 
191,100 00 
190,925 00 



1888.] 



INS. COS. OF OTHER STATES. 



135 



Income 

Fire premiums outstanding Dec. 31, 1887, 
Same not collected, .... 

Net collected, 

Premiums on risks written or renewed, 

Total 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from all other sources, 

Gross cash income, 



$883 40 

5 00 

$878 40 
85,193 05 

880,071 45 
113 93 

$85,957 52 
7,362 25 



sources, 



-78,595 27 

10,492 43 

8,548 61 

2,642 19 



,278 50 



Expenditures. 

Cash paid for fire losses, 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, 

Gross cash expenditures, .... 



$56,103 57 

20,000 00 

12,233 32 

7,456 63 

2,344 57 

2,150 03 

$100,288 12 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Risks and Premiums . 

Premiums. 

$11,519,685 00 |97,568 74 
. 9,395,503 00 85,193 05 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



20,915,188 00 $182,756 79 
8,785,432 00 78,605 77 



f 12,129,750 00 $104,151 02 
299,928 00 2,367 13 



$11,829,828 00 $101,783 89 



Miscellaneous. 
Premiums received from re-organization of company, . 
Losses paid from re-organization of company, 
Fire losses incurred during the year, .... 
Cash dividends declared from re-organization of company, 
Dividends declared during the year (10 per cent.), . 
Company's stock owned by directors, .... 



$603,774 00 

308,114 00 

53,240 00 

160,000 00 

20,000 00' 

51,100 00 



13G FIRE, MARINE, AND FIRE-MARINE [Dec. 31 



"THE ALLIANCE INSURANCE ASSOCIATION OF NEW YORK, 1 ' 

NEW YORK, N.Y. 

[Incorporated April 19, 1887. Commenced business Ap il 21, 1887.] 
Paid-up Capital, $200,000. 

James Yekeance, President. Armstrong Maltbie, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par value. Market value. 

New York City stock, $200,000 00 §221,000 00 

United States bonds, 40,000 00 43,725 00 

Chic , Mil. and St. Paul Railroad bonds, . . 25,000 00 26,230 00 

United States treasury notes, .... 40,000 00 40,000 00 



£305,000 00 $ 330,975 00 



Summary of Assets Dec 31, 1888. 



Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Accrued commissions, .... 
Gross assets, 

Liabilities. 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., . 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, .... 



Surplus over capital, 



$330,975 00 

18,124 38 

31,038 82 

1,150 00 

16,848 88 

1,899 91 



$20,240 00 

117,392 82 

750 00 

3,195 12 



•',036 99 



141.577 94 

.459 05 
200,000 00 

$58,459 05 



Income. 
Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash fire premiums received, 

Interest and dividends received from all sources, 



$24,291 01 
250,666 71 

$274,957 72 

15,975 61 

$258,982 11 
55,062 80 



S,919 31 

11,019 92 



Gross cash income, 8214,9^ 



1888.] 



INS. COS. OF OTHER STATES. 



137 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 
for State and local taxes, 
for rent and incidentals, . 

Gross cash expenditures, .... 



$101,346 42 
2,571 62 



$98,774 80 

50,597 77 

28.302 52 

4,059 56 

18,359 01 

$200,093 66 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Risks and Premiums. 

Premiums. 

.$58,206,802 00 $268,173 60 
. 54,082,254 00 250,666 71 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, 



$112,289,056 00 $518,840 31 
. 58,807,596 00 291,871 57 



$53,481,460 00 $226,968 74 
3,674,965 00 17,728 79 



$49,806,495 00 $209,239 95 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of conxpany, . 
Fire losses incurred during the year, 
Company's stock owned by directors, 



$330,417 00 

125,902 00 

111,899 00 

37,000 00 



" AMERICAN INSURANCE COMPANY," NEWARK, N. J. 

[Incorporated Feb. 20, 1846. Commenced business April 1, 1846.] 

Paid-up Capital, $600,000. 

F. H. Harris, President. James H. Worden, Secretary. 

Detailed Statement of Stocks and Bonds. 

Tar value. Market value. 

United States bonds, $300,000 00 $ 38 1,000 00 

Securities held as collateral for cash leans : — 

Market value. Loaned thereon. 

192 shares Newark Gas Light Company, . . $20,600 00 $17,200 00 

Summary of Assets Dec. 31, 1888. 
Cash value of unencumbered real estate, . . $307,022 96 
Loans on mortgage of real estate (first liens*), 1,101,185 33 



* Total value of property mortgaged, 
Amount of insurance held as collateral, 



$2,761,025 00 
1,277,883 33 



138 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Interest due or accrued thereon, 
Bonds, as per schedule, .... 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Company's own stock, . . $122,500 00 
Premiums more than 3 months due, 1,637 99 
Gross assets, 



1,017 57 

381,000 00 

17,200 00 

13,221 01 

36,599 11 

3,000 00 
22,902 81 

4,241 01 



SI, 965,052 83 



Liabilities. 



Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Losses disputed or resisted, 

Total amount of losses, . 
Less re-insurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding 
Dividends to stockholders unpaid, 
Dividends to policy holders unpaid, 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, 

Surplus over capital, . 



risks 



$1,633 20 

21,801 45 

7,710 06 

137,147 77 
22 52 

§37,125 25 

357,808 10 

4."70 80 

5,090 00 

4,724 41 



408,818. 56 

81.550/231 27 
600,000 00 

■1,234 27 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Same not collected, ..... 

Net collected, 

Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Gross cash income, .... 



..395 90 
894 46 

822,501 44 
509,106 87 

|531,608 31 

24,000 80 

8507,007 51 
85,060 94 



sources, 



$121,940 57 

55,537 89 

23.352 66 

7,172 <:>o 

$508,009 18 



1888.] 



INS. COS. OF OTHER STATES. 



139 



Expenditures. 
Cash paid for fire losses, . 
Deduct salvage and re-insurance, 
Net cash paid for fire losses, 
Cash dividends paid stockholders, 
Cash dividends paid policy holders, 
Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, 

Gross cash expenditures, .... 



$206,940 31 
27,104 21 



$229,776 10 

60,596 90 

4,617 00 

72,440 03 

41,743 57 

16,039 80 
36,007 78 

$461,221 18 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, . 



Risks and Premiums. 

Premiums. 

$79,859,108 00 $683,857 13 
63,769,682 00 509,106 87 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount re-insured, 

Net amount in force, . 



$143,628,790 00 $1,192,061 00 
60,353,430 00 479,363 19 



3,275,360 00 $713,600 81 
3,589,183 00 29,949 61 



$79,686,177 00 $683,651 20 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Cash dividends declared from organization of company 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, 



$5,825,086 00 

2,015,869 00 

237,426 00 

1,601,285 00 

60,000 00 

55,180 00 



" AMERICAN CENTRAL INSURANCE COMPANY," ST. LOUIS, MO. 

[Incorporated February, 1853. Commenced business February, 1853.] 
Paid-up Capital, $600,000. 

George T. Cram, President. Charles Ciiristensen, Secretary 



Detailed Statement of Stocks and Bonds. 

Par value. Market value. 

$178,000 00 $195,000 00 

25,000 00 27,000 00 

25,000 00 28,000 00 

15,000 00 17,000 00 

20,000 00 20,000 00 



Missouri State bonds, 
Missouri Pacific Railway bonds, 
Northern Missouri Railway bonds, 
St. Louis County park bonds, . 
Hydraulic Press Company bonds, . 



140 FIRE, MARINE, AXD FIRE-MARINE [Dec. 31, 



Madison County ferry bonds, . 
Pierce City, Mo., school bonds, 
Lafayette County bonds, . 
Marion County, Mo., bonds, 
Mississippi County, Mo., bonds, 
Bank of Commerce, St. Louis, stock, 
Commercial 'Bank, St. Louis, stock, . 
Third National Bank, St. Louis, stock, 
Mechanics' Bank, St. Louis, stock, . 
Boatmen's Savings Bank, St. Louis, stock, 
St. Louis National Bank, St. Louis, stock, 
St. Louis Gas Trust, St. Louis, stock, 



Securities held as collateral for cash loans : — 

Bank of Commerce, St. Louis, stock, 
Mercantile Block & Real Estate Ass'n stock, . 



Tar value. 

§4,000 00 

2,800 00 

2,000 00 

1,000 00 

1,000 00 

31,500 00 

10,000 00 

15,000 00 

11,200 00 

10,000 00 

5,000 00 

22,000 00 



Market value. 
.000 00 

3,000 00 

2,000 00 

1,000 00 

1,000 00 

145,000 00 

35,000 00 

15,000 00 

15,000 00 

12,000 00 

10 00 

13,000 00 



$378,500 00 £540,000 00 



Market value. 

$115,000 00 
50,000 00 



Loaned thereon. 

00 
30,000 00 



$165,000 00 $110,000 00 



Summary of Assets Dec. 31, 1888. 



Cash value of unencumbered real estate, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Gross assets, 



$500,000 00 

540,000 00 

110,000 00 

78,769 69 

78,871 22 



?1,307,640 91 



Liabilities. 



Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Losses disputed or resisted, 

Total amount of losses, 
Less re-insurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, 

Surplus over capital, . 



risks 



$11,187 47 
44,098 25 
15,780 25 



871.065 97 
2,255 00 



5,810 97 
395,046 92 

11,830 68 



475,688 57 

— 1,952 34 
600,000 00 

8231,952 34 



1888.] 



INS. COS. OF OTHER STATES. 



141 



Income. 

Fire premiums outstanding Dec. 31, 1887, . $82,676 88 
Premiums on risks written or renewed, . . 630,051 69 

Total, $712,728 57 

Premiums now in course of collection, . . 78,871 22 

Entire premiums collected, .... $ 633,857 35 
Less re-insurance and return premiums, . . 109,504 61 

Net cash fire premiums received, . . . 

Interest and dividends received from all sources, . 

Income from rents, 



Gross cash income, 



$524,352 74 
52,835 58 
11,441 58 

$588,629 90 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 

Gross cash expenditures, .... 



$353,582 51 
29,726 54 



$323,855 97 
33,000 00 
74,291 44 
49,471 01 
10,501 45 
63,531 23 

$554,651 10 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Risks and Premiums. 

Premiums. 

. $60,560,688 00 $778,704 00 
. 50,575,759 00 630,051 69 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



$111,136,447 00 $1,408,755 69 
. 48,166,185 00 605,654 36 



.$62,970,262 00 $803,101 33 
. 2,924,832 00 40,325 70 



. $60,045,430 00 $762,775 63 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, . . * 
Cash dividends declared from organization of company-, 
Dividends declared during the year (5 J per cent.), 
Company's stock owned by directors, .... 



$10,749,506 00 

5,641,860 00 

340,232 00 

753,972 00 

33,000 00 

57,700 00 



142 FIRE, MARINE, AND FIRE-M AR1XE [Dec. 31, 



"AMERICAN FIRE INSURANCE COMPANY," NEW YORK, N. Y. 

[Incorporated April 30, 1857. Commenced business May 1, 1857.] 

Paid-up Capital, $400,000. 

David Adee, President. Wm. II. Ckolius, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par value. Market value. 

United States bonds $400,000 00 £494,250 00 

Delaware and Hudson Canal Co. bonds, . . 50,000 00 54,750 00 

West Shore Railroad bonds, .... 25,000 00 26,250 00 

Lake Gas Company, Chicago, bonds, . . 30,000 00 31,200 00 

Delaware and Hudson Canal Co. stock, . . 20,800 00 27,500 00 

Rensselaer and Saratoga Railroad stock, . . 40,000 00 70,000 00 

National Bank of Commerce stock, . . . 10,000 00 17,800 00 

American Exchange National Bank stock, . 25,000 00 36,250 00 

Bank State of New York stock, . . . 0,000 00 0,420 00 

Merchants 1 National Bank stock, . . . 20,000 00 28,800 00 

Third National Bank stock, .... 10,00000 11,00000 

Consolidated Gas Company stock, . . . 71,000 00 .220 00 

Mercantile Trust Company stock, . . . 10,000 00 22,500 00 

Legal tender notes, 120,000 00 120,000 00 



7,800 00 $1,005,000 00 



Securities held as collateral for cash loans : — 

20 shares Equitable Life Assurance Society, . 
20 " real estate and auction room, . 

8 " American Exchange National Bank, 
Albany and Susquehanna R. R. bonds, 
100 shares Albany and Susquehanna R. R., 
447 " Delaware and Hudson Canal Co., . 

00 " Union Trust Co , . 
King's Co. Elevated R. R. bond, 
30 shares Hanover National Bank, . 
Albany and Susquehanna R. R. bonds, . 
Hackensack Water Co. bonds, .... 
Metropolitan Trust Co. certificate of deposit, 



Market value. 

.000 00 
2,000 00 
1,160 00 
4,020 00^ 
14,500 00 
59,228 00 < 
30,000 00 
6,000 00 ! 
6,750 00 
7,350 00 
6,300 00 
50,000 00 



Loaned thereon. 

$4,000 00 
1,500 00 

750 00 

50,000 00 



31,000 00 

5,000 00 

6,000 00 

5,000 00 

50,000 00 



?198,308 00 £153,250 00 



Summary of Assets Dec. 31, 1888. 

Loans on mortgage of real estate (first liens *), f 55,220 00 

Interest due or accrued thereon, . . . 695 53 

Stocks and bonds, as per schedule, . . . 1,005,000 00 



* Total value of property mortgaged, 
Amount oi iiifcurance held as collateral, 



$122,500 00 
55,220 00 



1888.] 



INS. COS. OF OTHER STATES. 



143 



Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, ... 
Premiums in course of collection (gross), 
Premiums more than 3 months due, . f266 29 
Gross assets,* 



$153,250 00 

50,311 64 

16,371 87 

1,283 91 

20,381 37 



$1,308,511 32 



Liabilities. 

Losses adjusted, unpaid, $32,378 31 

Unearned premiums on outstanding risks, . 311,031 00 

Unpaid scrip ordered to be redeemed, . . 2,334 00 

Interest due or accrued on scrip, . . . 7,452 46 

Due for rent, 2,250 00 

Commissions and brokerage, .... 4,1G7 21 

Return premiums, ...... 560 40 

Gross liabilities, except capital and scrip, . 

Surplus as regards policy holders, 

Paid-up capital, £400,000 00 

Scrip outstanding, not ordered to be redeemed, 306,442 00 

Surplus over capital and scrip, 



360,176 11 
1948,337 91 



706,442 00 
$241,895 91 



Income 
Fire premiums outstanding Dec. 31, 1887, 
Same not collected, .... 

Net collected, 

Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash fire premiums received, 

I iterest received on mortgages, 

Interest and dividends received from all 

Income from all other sources, 

Gross cash income, 



836,132 09 

1,124 00 

.$35,008 09 

610,678 26 

$645,686 35 

26,647 66 

$619,038 69 
127,832 91 



other sources, 



$491,205 78 

2,838 20 

44,872 97 

825 70 

1539,742 65 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, . 

Cash dividends paid, 



$307,658 16 
46,761 25 

$260,896 91 

40,000 00 



* Including $200,000 special reserve fuud, held under New York law. 



144 FIRE, MARINE, AXD FIRE-MARIXE [Dec. 31, 



Cash paid for redemption of scrip, . 

Interest paid scrip holders, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, 

Gross cash expenditures, .... 



'> 00 

1,000 00 

119,041 62 

50,674 94 

4,641 94 

58,000 84 

1,906 15 



Fire risks outstanding Dec. 81, 1887, 
Fire risks written during 1888, 



Risks and Premiums. 

Premiums. 

$87,125,o9l 00 f497,565 10 
101,443,298 00 614,719 05 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount re-insured, 

Net amount in force, . 



$188,508,889 00 |1,112,284 15 

88,049,076 00 441,210 98 



$100,519,813 00 |671,067 17 

14,581,020 00 82,070 98 



$85,938,187 00 $588,390 19 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent), . 
Company's stock owned by directors, .... 



-0,915 00 

2,000,098 00 

259,090 00 

1,198,000 00 

40,000 00 

112,500 00 



"AMERICAN FIRE INSURANCE COMPANY," PHILADELPHIA, PA. 

[Incorporated Feb. 20, 1S10. Commenc« d business JJar'h 12, 1S10.] 
Paid-up Capital, $500,000. 

Thos. II. Montgomery, President. Richard Maris, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par value. 

United States bonds, $150,000 00 

Philadelphia and Reading Railroad bonds, . 112,000 00 

Northern Pacific Railroad bonds, . . . 39,000 00 

New York, Lackawanna & West'n R. R. bonds, 50,000 00 

Pennsylvania Car Trust bonds, . . . 50,000 00 

Steubenville and Indiana Railroad bonds, . 50,000 00 

New York and Pacific Car Trust bonds, . . 23,000 00 

Pennsylvania Railroad bonds, .... 02,000 00 

Phila , Wilmington and Baltimore R R. bonds, 10,000 00 

Belt Road and Stock Yard bonds, . . . 20,000 00 

Chicago and Western Indiana R II bonds, . 30,000 00 



Market value. 

8174,375 00 
101,500 00 
40,312 50 
66,250 00 
50,025 00 
54,000 00 
18,400 00 
79.830 00 
11,000 00 
21,380 00 
33.477 30 



1888.] 



IXS. COS. OF OTHER STATES. 



145 



New York and Long Branch Railroad bonds, 
Philadelphia and Erie Railroad bonds, . 
Shamokin Valley and Pottsville R. R. bonds, 
North Pennsylvania Railroad bonds, 
Virginia and Tennessee Railroad bonds, . 
State of Georgia bonds, . ... 
Lehigh Coal and Navigation Company bonds 
Delaware and Chesapeake Railroad bonds, 
Huntingdon and B. T Mountain R. R. bonds, 
Borough of Bellefonte, Pennsylvania, bond, 
Corning, Cowanesque and Antrim R. R. bonds 
Lehigh Valley Railroad bonds, 
Mortgage Trust Company bonds, 
Middlesex Banking Company bonds, 
Philadelphia and Reading Railroad bonds, 



Securities held as collateral for cash loans : - 

21 shares Lehigh Valley Railroad, . 
Camden and Atlantic Railroad bonds, 

United States bonds, 

203 shares Charleston, S. C, Mining Company, 

Texas and Pacific Railroad bonds, . 

300 shares Philadelphia and Reading Railroad, 

26 
164 

13 

98 
500 
200 

50 

30 



Lykens Valley Railroad, 
Pennsylvania Railroad, . 
Ins. Co., State of Penn., . 
Connellsville Coal Gas Company, . 
Huntingdon & Broad Top Mt. R.R., 
Pennsylvania Railroad, . 
East Pennsylvania Railroad, . 
Logan Coal and Iron Company, 



Summary of Assets Dec. 

Cash value of unencumbered real estate, 

Loans on mortgage of real estate (first liens *), 

Interest due or accrued thereon, 

Stocks and bonds, as per schedule, . 

Loans on collateral security, as per schedule, . 

Cash in the office of the company, . 

Cash deposited in bank, . 

Interest due and accrued, 



Par value. 

$15,000 00 

20,000 00 

20,000 00 

50,000 00 

25,000 00 

25,000 00 

20,000 00 

5,000 00 

10,000 00 

500 00 

20,000 00 

51,000 00 

25,000 00 

25,000 00 

7,500 00 



Market value. 

$15,250 00 
22,600 00 
25,000 00 
66,750 00 
27,500 00 
26,651 95 
23,300 00 

4,466 66 
10,300 00 
550 00 
22,000 00 
67,575 00 
25,000 00 
25,000 00 

5,064 37 



$915,000 00 $1,024,157 78 



Market value. Loaned thereon. 



$1,149 75 ■ 

1,026 25 

3,847 50 

40,600 00 

13,500 00 

7,350 00 

520 00 

8,815 00 

6,500 00 

2,940 00 

23,750 00 

11,750 00 

2,906 25 

1,350 00 



$5,000 00 

45,000 00 

6,000 00 

7,500 00 

30,000 00 

3,500 00 

$126,004 75 $97,000 00 



31, 1888. 

$230,100 00 

976,639 50 

16,966 33 

1,024,157 78 

97,000 00 

11,408 86 

100,375 88 

1,714 58 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$960,648 00 

1,309,753 00 

782,932 00 



146 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Premiums in course of collection (gross), 
Rents due and accrued, .... 

Gross assets, 

Deduct special deposits in other States, . 



Balance, 



Liabilities. 



Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Losses disputed or resisted, 

Total amount of losses, .... 
Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, . 
Dividends to stockholders unpaid, . 
Commissions and brokerage, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, . 
Paid-up capital, 

Surplus over capital, .... 

Income. 
Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, . 



$39,487 
8,215 



60 

80 



§2,506,066 33 
90,551 95 

§2,115,514 38 



.114 

94,873 
29,649 



59 
94 
49 



$163,638 

1,018,234 

444,454 

345 

8,110 



02 
62 
99 
00 
12 



$1,634,782 
13,546 



75 

79 



1,621,235 96 

§794,278 42 
500,000 00 

$294,278 42 



$41,358 
1,727,829 



22 

77 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 
Less re-insurance and return premiums, . 
Net cash tire premiums received, 
Interest received on mortgages, 
Interest and dividends received from all other 
Income from all other sources, 
Deposits received for perpetual fire risks, 
Gross cash income, .... 



Expenditures. 

Cash paid for fire losses, .... 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, . 

Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Deposits returned on perpetual fire risks, 



$1,769,187 
39,487 



99 
60 



$1,729,700 
233,818 



39 
16 



sources, . 



$46,780 00 



'1,495,882 23 
46,448 06 
74,654 25 
16,435 00 

$1,633,419 54 



Gross cash expenditures, 



§1,050,981 
64,887 



09 

82 



§986,093 27 

49,730 00 

282,237 70 

201,685 47 

38,422 04 

9,641 67 



$11,297 90 



. $1,567,810 15 



1888.] 



IN T S. COS. OF OTHER STATES. 



147 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



$141,297,875 00 
144,221,155 00 

$285,519,030 00 
126,929,000 00 



$158,590,030 00 
4,516,262 00 



Premiums. 

$1,743,990 94 

1,727,829 77 

$3,471,820 71 
1,516,972 48 

$1,954,818 23 
60.128 50 



$154,073,768 00 $1,894,719 73 
Perpetual risks in force (not included above), $17,959,433 00 $481,037 09 



Miscellaneous 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the } T ear, .... 
Cash dividends declared from organization of company, 
Dividends declared daring the year (10 per cent ), 
Company's stock owned by directors, . 



$15,730,353 00 

9,098,668 00 

968,325 00 

2,420,975 00 

50,000 00 

21,400 00 



"ANGLO-NEVADA ASSURANCE CORPORATION," SAN 
FRANCISCO, CAL. 

[Incorporated Nov. 4, 1885. Commenced business Dec. 1, 1885.] 
Paid-up Capital, $2,000,000. 

Louis Sloss, President. Z. P. Clark, Secretary. 



Detailed Statement of Bonds. 



Southern Pacific Railroad of Arizona bonds, 
Sutter Street Railway bonds, . 
City of Portland (Oregon) bonds, . 
Omnibus Cable Company bonds, 
City of Los Angeles bonds, 



Securities held as collateral for cash loans : — 
Warehouse receipts, 



Par value. 

$695,000 00 

100,000 00 

50,000 00 

50,000 00 

20,000 00 



Market value. 

$733,225 00 

105,000 00 

57,805 55 

55,000 00 

21,000 00 



$915,000 00 $972,030 55 



Market value. 

$580,819 03 



Loaned thereon. 

$375,787 50 



Summary of Assets Dec. 31, 1888. 

Loans on mortgage of real estate (first liens *), $1,021,807 55 

Interest due or accrued thereon, . . . 14,862 13 

Bonds, as per schedule, 972,030 55 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$2,492,000 00 
220,000 00 
l.)7,000 00 



148 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 

Re-insurance due, 

Office property, .... $12,139 22 

Gross assets, 

Deduct special deposits in other States, . 



Balance, $2,568,784 15 



$375,787 50 

1,284 22 

80,570 67 

!.'.»:;0 67 

151,190 29 

4,120 12 



82,626,589 70 
57,805 55 



Liabilities. 
Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Losses disputed or resisted, 

Total amount of losses, . . 
Less re-insurance, .... 

Net amount of unpaid losse- 
Unearned premiums on outstanding risks 
Commissions and brokerage, 
Return premiums, .... 

Gross liabilities, except capital, 
Deduct liability on special deposits, . 

Surplus as regards policy holders, . 
Paid-up capital, .... 



Surplus over capital, 

Income 
Fire premiums outstanding Dec. 31, 1887. 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1887, 

Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash marine premiums received, 



$13,270 44 

39,669 13 

750 00 

$53,689 57 
360 84 

$53,328 73 

486,624 52 

7,430 96 

'1 06 

.775 27 
6,690 45 



544,078 82 

. -52,024,705 33 
. 2,000,000 00 



.705 33 



8106,515 73 
1,305,170 51 

§1,411,686 24 
140,924 04 

$1,270,762 20 
338,100 57 

$18,031 25 
127,483 60 

8145,514 85 
10,266 25 

8135,248 60 
35,386 76 



$932,661 63 



99,861 84 



1888.] 



INS. COS. OF OTHER STATES. 



149 



Interest received on mortgages, 

Interest and dividends received from all other sources, . 



$63,159 87 
45,032 81 



Gross cash income, $1,140,716 15 



Expenditures. 

Cash paid for fire losses, . 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, 

Cash paid for marine and inland losses, 

Deduct salvage and re-insurance, 

Net cash paid for marine and inland losses, . 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 



$583,835 06 
77,880 44 

$193,869 94 
113,742 60 



$505,954 62 



80,127 34 

221,388 62 

54,789 38 

10,660 71 

104,567 46 

$977,488 13 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 

Total,. ..... 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 

Marine risks outstanding Dec. 31, 1887, 
Marine risks written during 1888, . 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



. $53,723,205 00 
. 75,152,714 00 

$128,875,919 00 
. 55,790,980 00 

.$73,084,939 00 
. 9,165,546 00 



Premiums. 

$883,645 21 
1,305,170 51 

^2,188,815 72 
1,194,328 95 

$994,486 77 
104,477 15 



$63,919,393 00 $890,009 62 



. $3,132,399 00 
. 18,057,904 00 

. $21,190,303 00 
. 19,516,975 00 

. $1,673,328 00 
735,217 00 



$57,152 91 
127,483 60 

$184,636 51 
151,153 16 



$33,483 35 
10,080 73 



$938,111 00 $23,402 62 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, 
Fire losses incurred during the year, .... 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Compan} T, s stock owned by directors, 



12,341,687 00 

1,160,769 00 

518,003 00 

80,253 00 

90,000 00 

148,500 00 



150 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



"ATLANTIC FIRE AND MARINE INSURANCE COMPANY IX 
PROVIDENCE," PROVIDENCE, R. I. 

[Incorporated May, 1852. Commenced business June, 1852.] 

Paid-up Capital, $200,000. 

J. S. Parish, President. T. W. Hayward, Secretary. 



Detailed Statement of Stocks 



13 shares Weybosset National Bank, Prov., 
200 ' 
169 

25 

10 
143 
200 



Merchants' National Bank, Prov., . 
Fourth National Bank, Providence, 
Industrial Trust Co., Providence, . 
R. I. Safe Deposit Co., Providence, 
Chicago and Alton Railroad, . 
Michigan Central Railroad, . 
Louisville, New Albany and Chic. R. R. bonds, 



and Bond-. 

Par value. 

o 00 
10,000 00 
16,900 00 
2,500 00 
1,000 00 
14,300 00 
20,000 00 
10,000 00 



Market value. 

90 00 
13,800 00 

20,449 00 
2,912 50 
1*500 00 

19,305 00 

17,550 00 

9,300 00 



§75,350 00 $85,596 50 



Summary of Assets Dec. 31, 1888. 



Cash value of unencumbered real estate, 
Stocks and bonds, as per schedule, . 
Cash in the office, of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Gross assets, 



|156,180 26 

85,596 50 

177 70 

2.773 51 

3.976 68 

2,114 06 



$250,818 71 



Liabilities. 
Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Due and accrued for rents, salaries, etc., 
Due for borrowed money, 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, 

Surplus over capital, . 



$900 00 

3,300 00 
15,853 36 

200 00 
20,000 00 

695 73 



40,949 09 

|S MB 9 62 
200,000 00 

- - .;2 



1888.] 



INS. COS. OF OTHER STATES. 



151 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash lire premiums received, 

Marine premiums outstanding Dec. 31, 1887, 

Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, 

Entire premiums collected, .... 
Less re-insurance and return premiums, . 
Net cash marine premiums received, 
Interest and dividends received from all sources, 
Income from rents, 



$3,068 17 
30,722 36 



$33,790 
3,688 


53 

28 


$30,102 
4,397 


25 
23 


$73 95 
889 62 


$963 57 
288 40 


$675 17 
544 53 



$25,705 02 



130 64 

3,550 21 
11,002 92 



Gross cash income, $40,388 79 



Expenditures 

Cash paid for fire losses, . 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, 

Cash dividends paid, .... 

Cash paid for commissions and brokerage, 
for salaries and incidentals, 
for State and local taxes, 
for expenses on real estate, 

Gross cash expenditures, . 



$22,116 36 
1,273 80 



$20,842 5G 

12 00 

5,016 07 

8,202 00 

961 54 

4,990 54 

$40,024 71 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



$3,203,772 00 
2,678,918 00 

$5,882,690 00 
3,108,573 00 

$2,774,117 00 
139,303 00 



I'lcmiiims. 

839,132 14 

30.722 36 

169,854 50 
36,984 28 

$32,870 22 
1,709 14 



1,634,814 00 $31,161 08 



152 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Marine risks outstanding Dec. 31, 1887, 
Marine risks written during 1888, . 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 



$7,766 00 
338,200 00 

$345,966 00 
343,966 00 

2,000 00 



Premiums. 

$152 66 

889 62 

81,042 28 
942 28 

f 100 00 



Miscellaneous. 

Premiums received from organization of company, . . $3,533,939 00 
Losses paid from organization of company, .... 2,602,007 00 

Fire losses incurred during the year, 21,970 00 

Cash dividends declared from organization of company, . 409,000 00 
Company's stock owned by directors, 40,467 00 



"ATLANTIC MUTUAL INSURANCE COMPANY," NEW YORK, NY. 

[Incorporated April, 1842. Commenced business July 1, 1842.] 

John 1). Jones, President. Joseph H. Chapman, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par value. Market value.* 

American Exchange Bank stock, ... .800 00 $76,800 00 

Bank of America stock, 100,000 00 100,000 00 

Bank of Commerce stock, .... 64,100 00 64,100 00 

Bank of New York stock, 65,700 00 65,700 00 

Leather Manufacturers , Bank stock, . . 15,600 00 15,600 00 

Merchants' Bank stock, 70,150 00 70,150 00 

Mechanics' Bank stock, 47,675 00 47,675 00 

Manhattan Company Bank stock, . . . 18,000 00 18,000 00 

Market and Fulton Bank stock, . . . 30,000 00 30,000 00 

Phenix Bank stock, 55,100 00 55,100 00 

Atlantic Trust Company stock, . . . 100,000 00 100,000 00 

New Y"ork State Bank stock, .... 45.000 00 45,000 00 

New York City Bank stock, .... 253,100 00 235,190 00 

New l r ork Central and H. R. Railroad stock, . 100,000 00 80,000 00 

New York county bonds, 100,000 00 100,000 00 

New York Central Railroad bonds, . . . 139,000 00 118,150 00 

New York, Lake E. and W. Railroad bonds, . 100,000 00 80,000 00 

West Shore Railroad bonds, .... 200,000 00 150,000 00 

Brooklyn and Montauk Railroad bonds, . . 75,000 00 63,750 00 

Seattle, Lake Shore and Eastern R. R. bonds, . 50,000 00 45,000 00 

Delaware and Hudson Canal Company bonds, 50,000 00 45.000 00 

Brooklvn Citv Park bonds, . . . . 122,000 00 109,800 00 



* Estimated for purpose of permanent investment. 



1888.] 



INS. COS. OF OTHER STATES. 



153 



.Jersey City water bonds, . 
District of Columbia bonds, 
United States bonds, . 



Par value. Market value. 

$100,000 00 $100,000 00 

369,000 00 258,300 00 

6,160,000 00 5,428,000 00 



$8,506,225 00 $7,501,315 00 



Securities held as collateral for cash loans : — 

Market value. 

Oregon and Transcontinental Co. bonds, . $23,000 00 

Adams Express Company stock, . . . 7,000 00^ 

Chicago and N. W. Railway stock, . . . 4,500 00 > 

Fourth National Bank stock, .... 2,000 00 ) 

Fourth National Bank stock, .... 15,000 00 ) 

Cons. Gas Company, New York, stock, . . 18,000 00 S 

Equitable Gas Company bonds, . . . 5,600 00 

Morris and Essex Railroad stock, . . . 7,000 00 

Chicago and X. W. Railroad stock, . . '. 108,000 00 n 

Oregon Railway and Navigation Co. stock, . 9,000 00 S 

St. Paul, Minn, and Man. Railroad stock, . 5,000 00 ) 

Chicago and N. W. Railroad bonds, . . 32,500 00 ' 

Chicago, St. P., Minn, and Man. Railroad bonds, 12,000 00 

Northern Pacific Railroad bonds, . . . 5,500 00 }> 

Lake Shore and Mich. Southern Railroad bonds, 5,000 00 j 

Delaware and Hudson Canal Company stock, . 66,000 00 J 

New York Central and H. River R. R. stock, . 15,000 00 



Loaned thereon. 

$17,000 00 
11,000 00 



22,000 00 

5,000 00 
4,000 00 

100,000 00 



100,000 00 

10,000 00 
§340,100 00 f269,000 00 



Summary of Assets Dec. 31, 1888. 

Cash value of unencumbered real estate, . $250,000 00 

Stocks and bonds, as per schedule, . . . 7,501,315 00 

Loans on collateral security, as per schedule, . 269,000 00 

Cash deposited in b'k and with English bankers, 2,772,759 22 

Notes taken for marine and inland risks, . 1,374,912 12 

Gross assets, 

Liabilities. 

Losses adjusted, unpaid, $158,517 75 

Losses claimed and reported, .... 1,464,904 25 

Losses disputed or resisted, .... 43,000 00 

Unearned premiums on outstanding risks, . 1,386,134 87 

Unpaid scrip ordered to be redeemed, . . 201,000 00 

Interest due or accrued on scrip, . . . 20,037 25 

Return premiums, 159,497 94 

Miscellaneous, 17,482 19 

Gross liabilities, except scrip, . 

Surplus as regards policy holders, 

Scrip outstanding, not ordered to be redeemed, 

Surplus over scrip, 



-$12,167,986 34 



3,450,574 25 

$8,717,412 09 
6,890,380 00 

fl,827,032 09 



154 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Income. 
Cash received for marine premiums, 
Less re-insurance and return premiums, 
Net cash marine premiums received, 
Interest and dividends received from all 
Income from rents, .... 
Income from all other sources, 

Gross cash income, 



sources, 



$3,890,460 56 
356,554 67 



13,533,905 89 
L 47 

17,569 20 
158325 00 

14,210,364 56 



Expenditures. 

Cash paid for marine and inland losses, . . $1,998,897 36 
Deduct salvage and re-insurance, . . . 78,500 48 

Net cash paid for marine and inland losses, . 

Cash paid for redemption of scrip, . 
Interest paid scrip holders, .... 
Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

Gross cash expenditures, .... 



11,920,396 88 

1,547,390 00 

431,226 30 

19,491 06 

361,977 "7 

86,237 46 

14^16,718 77 



Marine risks outstanding Dec. 31, 1887, 
Marine risks written during 1888, . 



Risks and Premiums. 

Premiums. 

$110,041,502 00 $1,388,238 01 

447,674,387 00 3,865,166 38 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 



£557,715,889 00 85,253.404 39 
438,141,537 00 3,867,269 52 



£119,574,352 00 fl,386,134 87 



Miscellaneous. 
Marine and inland losses incurred during the year (est.), . $2,050,634 00 



"BOATMAN'S FIRE AND MARINE INSURANCE COMPANY." 

PITTSBURGH, PA. 

[Incorporated March 20, 1865. Commenced business May 23, 1865.] 
Paid up Capital, $250,000. 

Oliver P. Scaife, President. Henry H. Schexck. Secretary. 



Detailed Statement of Stocks and Bonds. 

Par value. Market value. 

Erie and Pittsburgh Railroad stock, . . . 515,00000 §16,80000 

Merchants and Manuf. National Bank stock, . 2,500 00 2,900 00 

Exchange National Bank stock, . . . 5,450 00 38 00 

P. A. and Mass. Railway Co. stock, . . . 5,800 00 13,920 00 



1888.] 



IXS. COS. OF OTHER STATES. 



155 



Citizens' National Bank stock, 
Iron City National Bank stock, 
People's Savings Bank stock, . 
Safe Deposit Company stock, . 
Monongahela Water Company stock, 
Union Switch and Signal Company stock, 
Pittsburgh, Cin. and St. Louis Railroad bonds 
Pittsburgh city bonds, .... 
Allegheny Valley Railroad bonds, . 
Erie and Pittsburgh Railroad bonds, 
Pitts., Allegheny and Mane. R'y Co. bonds, 
Point Bridge Company bonds, . 
Liberty School District bonds, . 
North Side Bridge Company bonds, 
Connellsville Water Company bonds, 
P., C. and Y. Railway Company bonds, . 
Allegheny County bonds, .... 
Pittsburgh Fire Department loan, . 



Par value. 

$4,650 00 

2,000 00 

1,300 00 

10,000 00 

1,800 00 

5,350 00 

53,000 00 

18,000 00 

12,000 00 

5,000 00 

8,500 00 

1,700 00 

2,000 00 

18,000 00 

5,000 00 

5,000 00 

3,000 00 

5,000 00 



Market value. 

|5,673 00 

3,600 00 

2,106 00 

12,400 00 

2,736 00 

535 00 

64,660 00 

22,890 00 

13,980 00 

5.750 00 
9,535 00 

1.751 00 
2,170 00 

20,700 00 
5,250 00 
5,125 00 
3,060 00 
5,775 00 



$ 190,050 00 f230,254 00 



Summary of Assets Dec. 31, 1888. 



Cash value of unencumbered real estate, . 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 
Rents due and accrued, .... 
Premiums more than 3 months due, $4,739 85 
Gross assets, 



§71,500 23 

52,446 00 

581 41 

230,254 00 

1,910 11 

16,857 27 

18,323 08 

75 00 

952 60 



$392,899 70 



Liabilities. 

Losses adjusted, unpaid, . 
Losses claimed and reported, 
Losses disputed or resisted, 

Total amount of losses, 
Less re-insurance, 

Net amount of unpaid losses, 

Unearned premiums on outstanding risks, 

Due and accrued for rent, salaries, etc., . 



$18,292 65 

11,075 00 

1,800 00 

$31,167 65 
1,078 34 

$30,089 31 

106,722 12 

219 80 



* Value of lands mortgaged, $S4,50O 00 

Value of buildings thereon 57,500 00 

Amount of insurance held as collateral, 46,200 00 



156 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Due for borrowed money, 
State and local taxes, 
Commissions and brokerage, . 
Re-insurance, .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, 



Impairment of capital, 



$12,000 00 

3,247 01 

4,003 00 

133 19 



$156,414 43 

8236,485 27 
250,000 00 

$13,514 73 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Same not collected, 



Net collected, 

Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1887, 

Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash marine premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Income from all other sources, 



Gross cash income, 



$34,790 01 
4,008 76 



$30,781 25 
205,005 65 

£235,786 90 
18,993 17 

$216,793 73 
33,725 85 

$60 00 
6,743 10 

$6,803 10 
136 00 

$6,667 10 
2,432 12 



sources, . 



$183,067 88 



4,234 98 

2,996 90 

12,502 82 

3,804 48 

487 46 

$207,094 52 



Expenditures. 

Cash paid for fire losses, . 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, . 

Cash paid for marine and inland losses, 

Deduct salvage and re-insurance, * 

Net cash paid for marine and inland losses, 



$141,342 39 
2,878 37 

$14,122 71 
3,434 37 



$138,464 02 



10,688 34 



1888.] 



INS. COS. OF OTHER STATES. 



157 



Cash paid for commissions and brokerage, 

for salaries of officers and employees, 
for State and local taxes, 
for incidentals, 

Borrowed money returned, 

Profit and loss, .... 

Gross cash expenditures, . 

Risks and Premiums. 



$36,371 37 

12,144 25 

5,907 13 

9,985 19 

726 09 

341 37 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Total, 

Deduct risks expired and terminated, 

In force at end of } r ear, 
Deduct amount re-insured, 

Net amount in force, 

Marine risks outstanding Dec. 31, 1887, 
Marine risks written during 1888, . 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 



.$16,716,547 00 
. 15,519,018 00 



$32,235,565 00 
16,213,394 00 



$16,022,171 00 
579,431 00 



$214,628 36 



Premiums. 

$223,177 53 
205,005 65 

$428,183 18 
208,125 72 

$220,057 46 
7,473 03 



. $15,442,740 00 


$212,584 43 


$1,500 00 


$60 00 


. 1,025,110 00 


6,743 10 



$1,026,610 00 
1,025,110 00 

$1,500 00 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, 
Fire losses incurred during the year, .... 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Company's stock owned by directors, .... 



$,803 10 
6,728 10 

$75 00 



£2,1 34,446 00 

1,385,260 00 

133,073 00 

9,525 00 

219,608 00 

36,000 00 



"BUFFALO GERMAN INSURANCE COMPANY," BUFFALO, N. Y. 

[Incorporated Feb. 15, 1867. Commenced business Feb. 16, 1867.] 
Paid-up Capital, $200,000. 

Philip Becker, President. Oliver J. Eggert, Secretary. 



Detailed Statement of Stocks and Bonds 

Par value. 

United States bonds, 

Tonawanda, N. Y., Gas Company bonds, . 
Buffalo and Southwestern Railroad bonds, 
Buffalo, N. Y., city warrants, . 



Market value. 

$220,000 00 §259,600 00 

25,000 00 25,000 00 

25,750 00 26,522 50 

96,353 88 96,358 88 



$367,103 88 $407,476 38 



158 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Securities held as collateral for cash loans 

Third National Bank, Buffalo, stock, 
German National Bank, Buffalo, stock, . 
Citizens 1 Gas Company, Buffalo, bonds, . 
Citizens 1 Gas Company, Buffalo, bonds, . 
Citizens 1 Gas Company, Buffalo, stock, . 
Union Fire Insurance Co., Buffalo, stock, 
Union Fire Insurance Co., Buffalo, stock, 
Fireman's Fund Insurance Company stock, 
Manuf'rs and Traders 1 Bank, Buffalo, stock, 
Merchants 1 Bank, Buffalo, stock, 
Buffalo and Southwestern Railroad bonds, 
Buffalo Street Railway bonds, . 
Buffalo L. T. and S. D. Company stock, . 
German Bank, Buffalo, stock, . 
Buffalo Co-operative Stove Company stock, 
Buffalo Co-operative Brewing Company stock 
German Bank, Buffalo, stock, . 
Buffalo Board of Trade stock, . • . 
Merchants 1 Bank, Buffalo, stock, 
German Bank, Buffalo, stock, . 



Market value. 

$6,250 00 I 
12,000 00 \ 
40,000 00 
3,625 00 > 
4,700 00 
1,100 00 J 
2,200 00 
4,000 00 
3,760 00 1 
2,500 00 \ 
7,210 00 
10,000 00 
3,500 00^1 
4,000 00 ! 
2,000 00 ( 
4,125 00 j 
2,000 00 
2,970 00 ) 
12,500 00 S 
12,000 00 



Loaned thereon. 

$10,000 00 
32,000 00 

7,000 00 

1,800 no 

3,000 00 
4,000 00 

5,700 00 

8,o5o 00 

8,000 00 

1,000 00 
11,000 00 

6,000 00 



$140,430 00 7,500 00 



Summary of Assets Dec. 31, 1888. 



Cash value of unencumbered real estate, . 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for fire risks, 
Rents due and accrued, .... 
Gross assets,f 



$275,000 00 

369,750 00 

2,412 08 

407,476 38 

1)7,500 00 

1,607 02 

122,609 56 

240 00 

52,235 12 

2,492 68 

1,054 16 



$1,332,377 00 



Losses adjusted, unpaid, . 
Losses claimed and reported, 
Losses disputed or resisted, 



Liabilities. 



14,775 89 
5,535 00 
5,962 37 



* Value of lands mortgaged, $606,562 00 

Value of buildings thereon 470,218 00 

Amount of insurance held as collateral, 315,439 00 

t Including $200,000 special reserve fund, held under New York law. 



1888.] 



INS. COS. OF OTHER STATES. 



159 



Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, 



Surplus over capital, . 



1311,146 49 
7,751 56 



$335,171 31 

$997,205 69 
200,000 00 

$797,205 69 



Income. 
Fire premiums outstanding Dec. 31, 1887, . $53,046 41 
Same not collected, 88 68 

Net collected, $52,957 73 

Premiums on risks written or renewed, . . 491,739 87 

Total, $544,697 60 

Premiums now in course of collection, . . 54,727 80 

Entire premiums collected, .... $489,969 80 

Less re-insurance and return premiums, . . 100,258 52 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other sources, 

Income from rents, .... 

Income from commissions, 

Gross cash income, 



$389,711 28 

19,698 66 

22,285 62 

15,024 14 

3,000 25 

$449,719 95 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, ...... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

for repairs, etc., on real estate, 

Gross cash expenditures, .... 

Risks and Premiums. 



$224,965 74 
10,775 63 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



$214,190 11 
40,000 00 
78,961 65 
20,609 98 
7,032 52 
18,679 34 
7,279 06 

$386,752 66 

Premiums. 

. $55,199,429 00 $584,824 70 
. 1;"»,859,551 00 491,739 87 



$101,058,980 00 $1,076,564 57 
. 42,758,892 00 464,127 26 



$58,300,088 00 $612,437 31 
1,401,320 00 12,089 20 



.$56,898,768 00 $600,348 11 



160 



FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (20 per cent.), 
Company's stock owned by directors, .... 



|5,248367 00 
2,575,5 1 1 

207,122 00 

J5,925 00 

40,00" 

00,500 00 



"THE CALIFORNIA INSURANCE COMPANY." SAX FKAX< [SCO, 

CALIFORNIA. 

[Incorporated February, 18G1. Commenced business February, 1861.] 
Paid-up Capital, $600,000. 

L. L. Bromwell, President. W. II. C. Fowjleb, Secretary. 



Detailed Statement of Stocks 



United States bonds, 

Oakland Gaslight and Heat Company bonds, 

Northern Pacific Railroad bonds, 

Spring Valley water bonds, 

Pacific Rolling Mills bonds, 

San Diego Gas and Electric Light bonds, 

272 shares Bank of California, . 

300 

551 

200 

100 

200 

150 

200 

200 

400 

500 

200 

300 

160 



First National Bank, San Francisco 
Oakland Bank of Savings, 
Grangers 1 Bank, 
California Wire Works, . 
Pacific Rolling Mills, 
California S. D. and T. Company, 
Wells, Fargo & Co. Bank, 
London, Paris and Am. Bank, 
Oakland Gaslight and Heat Co., 
Spring Valle}' Water Company, 
Merced Security Savings Bank, 
Contra Costa Water Company, 
San Francisco Gas Company, . 



and Bonds. 

Par value. 

|150,000 00 

25,000 00 
35,000 00 
24,000 00 
8,000 00 
25,000 00 
27,200 00 
30,000 00 
27,550 00 
20,000 00 
10,000 00 
20,000 00 
15,000 00 
20,000 00 
20,000 00 

50,000 00 



16,000 00 



Market value. 

8 191,250 00 
25,500 00 
41,300 00 
29,820 00 

8,400 00 
25,750 00 
59,840 00 
43,500 00 
35,815 00 
12,000 00 

5,000 00 
20,000 00 

8,250 00 
28,000 00 
20,400 00 
14,000 00 
50,250 00 
»0 00 
27,900 00 

9,440 00 



§522,750 00 $663,415 00 



Summary of Assets Dec. 31, 1888. 

Cash value of unencumbered real estate, . $ 104,000 00 

Loans on mortgage of real estate (first liens *), 21,386 32 

Interest due or accrued thereon, . . . 520 00 

Stocks and bonds, as per schedule, . . . 663,415 00 

Cash in the office of the company, . . . 8,679 78 



* Total value of property mortgaged, $32,000 00 



1888.] 



INS. COS. OF OTHER STATES. 



161 



Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken -for marine and inland risks, 

Gross assets, 

Deduct special deposits in other States, . 



Balance, 



$335,400 87 

11,663 36 

132,082 45 

36,138 26 



$1,313,286 04 
63,750 00 

$1,249,536 04 



* Liabilities. 

Losses adjusted, unpaid, . 

Losses claimed and reported, . 

Losses disputed or resisted, 

Unearned premiums on outstanding risks, 

Commissions and brokerage, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, . 
Paid-up capital, .... 



Surplus over capital, . 



$18,970 00 

71,500 92 

4,100 00 

411,442 41 
17,085 84 

$523,099 17 
5,969 41 



517,129 76 



§732,400 28 
600,000 00 

$132,406 28 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1887, 

Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash marine premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, etc., .... 



Gross cash income, 



$61,852 08 
590,036 24 

$651,888 32 
74,552 01 

$577,336 31 

108,197 78 

$74,616 40 
300,876 61 

$375,493 01 
93,668 70 

$281,824 31 
87,723 84 



sources, 



$469,138 53 



194,100 47 

1,457 54 

35,846 26 

2,125 00 

$702,667 80 



162 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Expenditures. 

Cash paid for fire losses, 

for marine and inland losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, .... 



Gross cash expenditures, . 



§220,241 87 
1,590 43 
72,000 00 
120,046 49 
45,900 30 
13,447 00 
59,015 1!» 

$626,241 34 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



$34,251,243 00 
42,599,880 00 

$76,851,123 00 
34,661,714 00 

$42,189,409 00 
2,442,705 00 



Premiums. 

§488,401 56 
590,036 24 

1,078,437 80 
461,624 55 

$616,813 25 
41,605 51 



$39,746,704 00 $575,207 74 



Marine risks outstanding Dec. 31, 1887, 
Marine risks written during 1888, . 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



$1,924,851 00 

14,706,843 00 

$16,631,694 00 

12,934,546 00 

$3,697,148 00 

592,062 00 



$96,352 50 
300,876 61 

$397,229 11 
240,389 42 

$156,839 69 
31,086 09 



$3,105,086 00 $125,753 60 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (12 per cent.), . 
Company's stock owned by directors, .... 



35,442,039 00 

3 ; 152,569 00 

250,901 00 

117,325 00 

1.222,200 00 

72,000 00 

74,000 00 



1888.] 



INS. COS. OF OTHER STATES. 



163 



" THE CITIZENS 1 INSURANCE COMPANY," CINCINNATI, O. 

[Incorporated Jan. 21, 1851. Commenced business March 11, 1858.] 
Paid-up Capital, $200,000. 

F. X. Reno, President. Chas. F. Runck, Secretary. 



Detailed Statement of Stocks 



104 shares First National Bank, Cin., O., . 

15 
100 

80 
210 
200 
300 

10 



Third National Bank, Cin., O., 
Fourth National Bank, Cin., O., 
National Lafayette Bank, Cin., O., . 
Equitable National Bank, Cin.,0., . 
Cincinnati Gas Light and Coke Co., 
Cleveland & Pittsburgh Railroad, . 
Security Insurance Company, 



United States bonds, . 



and Bonds. 

Par value. 

$10,400 00 

1,500 00 

10,000 00 

8,000 00 

21,000 00 

20,000 00 

15,000 00 

1,000 00 

79,600 00 



Market value. 

$28,600 00 

2,175 00 

18,500 00 

22,800 00 

30,450 00 

38,000 00 

23,550 00 

925 00 

101,888 00 



$166,500 00 $266,888 00 



Summary of Assets Dec. 31, 1888. 



Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Premiums more than 3 months due, $588 94 
Gross assets, 



$266,888 00 

3,010 89 

5,130 30 

3,030 00 

20,228 06 



$298,287 25 



Liabilities. 



Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Losses disputed or resisted, 

Total amount of losses, 
Less re-insurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding 
State and local taxes, 
Commissions and brokerage, . 
Return premiums, 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, 

Surplus over capital, . 



risks, 



$13,788 86 

14,154 17 

1,000 00 

$28,943 03 
7,491 87 

$21,451 16 

63,454 92 

1,800 00 

4,336 48 

2,606 80 



93,649 36 

1 204,687 89 
200,000 oo 

$4,637 89 



164 FIRE, MARINE, AND FIRE-MARINE [Dec.31, 



Income 
Fire premiums outstanding Dec. 81, 1887, 
Same not collected, .... 

Net collected, 

Premiums on risks written or renewed, 



Total, . . 
Premiums now in course of collection, 

Entire premiums collected, 
Less re-insurance and return premiums, 
Net cash fire premiums received, 
interest and dividends received from all 
Income from sale of stock, 



Gross cash income, 



■..702 25 
523 05 

$25,239 20 
208,492 85 

$233,732 05 

19,705 01 

$214,027 04 
75,525 08 



sources, 



$138,501 36 

10,925 75 

420 00 

$149,847 11 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 
for salaries of officers and employ 
for State and local taxes, . 
for incidentals, 



$129,732 87 
34,138 90 



Gross cash expenditures, . 



|95,593 97 

16,000 mi 

30,063 37 

30 00 

2.556 54 

4,224 18 

$158,258 06 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Risks and Premiums 

Premiums. 

$6,584,557 00 $103,361 61 
15,229,761 00 208,49i 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



$21,814,318 00 $311,854 46 
'J.444,032 00 132.445 97 



$12,370,286 00 $179,408 49 
4,345,006 00 57,935 46 



^8,025,280 00 8121,473 03 



Miscellaneous. 

Fire losses incurred during the year, . . . . 
Cash dividends declared from organization of company, 
Dividends declared during the year (8 per cent.), . 
Company's stock owned by directors, . 



$87,422 00 

124J>00 00 

16,000 00 

26,200 00 



1888.] 



INS. COS. OF OTHER STATES 



165 



« CITIZENS' INSURANCE COMPANY, 1 * NEW YORK, N. Y. 

[Incorporated April, 1836. Commenced business April, 1837.] 

Paid-up Capital, $300,000. 

Edward A. Walton, President. Frank M, Parker, Secretary. 



Detailed Statement of Stocks 



United States bonds 

Lake Shore and Michigan Southern R.R. bonds. 
Union Trust Company stock, . 
National Citizens 1 Bank stock, . 
National Bank of Commerce stock, . 
Union Pacific Railroad stock, . 
N. Y. Central and Hudson River R. R. stock, 
Missouri, Kansas and Texas Railroad bonds, 
Virginia bonds, 



Securities held as collateral for cash loans : — 



Lake Shore and Michigan Southern R.R. bonds 

National Citizens' Bank stock, . 

Flint and Pere Marquette Railroad bonds, 

Central Pacific Railroad bonds, 

National Butchers and Drovers 1 Bank stock, 

Missouri Pacific Railroad stock, 

Central Railroad of New Jersey bonds, . 

St. Louis, Arkansas and Texas R. R. bonds, 

St. Louis, Iron Mt. and Southern R. R. bonds, 



and Bonds. 

Par value. 

8350,000 00 
.30,000 00 
10,000 00 
24,500 00 
10,000 00 
20,000 00 
10,000 00 
25,000 00 
10.000 00 



.Market value. 

8436,000 00 

64,500 00 

59,000 00 

37,975 00 

17,900 00 

12,900 00 

10,900 00 

19,800 00 

925 00 



§509,500 00 §659,900 00 



Market value. Loaned thereon. 



^51,600 00 

27,125 00 
6,000 00 
1,160 00 
1,600 00 

29,200 00 
5,400 00 
6,300 00 I 

19,550 00 J 



$38,000 00 

16,000 00 

4,000 00 

1,000 00 

900 00 

> 50,000 "ii 



$147,935 00 $109,900 00 



Summary of Assets Dec 

Cash value of unencumbered real estate, . 

Loans on mortgage of real estate (first liens*) 

Interest due or accrued thereon, 

Stocks and bonds, as per schedule, . 

Loans on collateral security, as per schedule, 

< ash in the office of the company, . 

( lash deposited in bank, .... 

Interest due and accrued, .... 

Premiums in course of collection (gross), 



31, 1888. 

$119,500 00 

84,554 60 

662 78 

659,900 00 

109,900 00 
7.168 33 

42,986 78 
5,990 65 

94,279 10 



♦Value of lands mortgaged, $112,500 00 

Value of buildings thereon, 65,500 00 

Amount of insurance held as collateral, 41,700 00 



16fi 



FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Rents due and accrued, .... 
Re-insurance due, ..... 
Premiums more than 3 months due, $1,356 10 

Gross assets, 

Deduct special deposits in other States, . 

Balance, 



$930 01 
25 54 



- $1,126,197 79 
54,250 00 

. $1,071,947 



Liabilities. 
Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Losses disputed or resisted, 

Total amount of losses, 

Less re-insurance, .... 

Net amount of unpaid losses, . 
Unearned pfremiums on outstanding risks 
Dividends to stockholders unpaid, . 
Due and accrued for rent, salaries, etc., 
Commissions and brokerage, . 
Return premiums, .... 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, . 
Paid-up capital, 



$12,985 14 

35,869 40 
4,234 56 

$53,089 10 
461 68 

_\627 42 

460,757 15 

272 10 

1,400 00 

16,801 77 

700 00 

$532,558 44 
13,388 65 



519,16" 

$552,778 00 
300,000 00 



Surplus over capital, $252,778 00 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Same not collected, .... 

Net collected, 

Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, .... 



Gross cash income, 



$80,653 64 
4,059 07 

876,594 57 
738,698 35 

\292 92 
95,635 20 

$719,65.7 72 

81,500 65 



sources, . 



$638,157 07 

4,223 35 

31,722 25 

5,736 51 

8679,839 18 



1888.] INS. COS. OF OTHER STATES. 

Expenditures. 



187 



Cash paid for fire losses, .... 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, . 

Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, . 



$414,481 74 
19,005 62 



$395,476 12 
29,966 20 
122,275 65 
43,818 18 
15,830 85 
90,751 14 

$698,108 14 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, . 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



$92,790,451 00 
89,345,141 00 

$182,135,592 00 
75,567,383 00 

$106,568,209 00 
2,838,754 00 



Premiums. 

$827,908 17 
738,698 35 

1,566,606 52 
656,034 47 

$910,572 05 
23,152 31 



$103,729,455 00 $887,419 74 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), . 
Company's stock owned by directors, . 



$10,683,870 00 

5,179,534 00 

405,913 00 

1,790,550 00 

30,000 00 

71,000 00 



" CITIZENS' INSURANCE COMPANY," PITTSBURGH, PENN. 

[Incorporated March, 1849. Commenced business March, 1850.] 

Paid-up Capital, $500,000. 

Wm. G. Johnston, President. J. R. Snively, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par value. Market value. 

Allegheny County bonds, $1,000 00 $1,300 00 

I'nited States bonds, 21,000 00 26,880 00 

Pittsburgh & Birmingham Pass. Railway bonds, 1,500 00 1,675 <>o 

Pittsburgh & Connellsville Railroad bonds, . 1,000 00 1.075 00 

Springfield School bonds, .... 1,000 00 1,025 00 

Howard School bonds, 8,000 00 8,400 00 

Sixth Ward School bonds, .... 5,000 00 6,450 00 



168 



FIRE, MARINE, AXD FIRE-MARINE [Dec. 31, 



Par value. Market value. 

German Evangelical Protestant Church bonds, $5,000 00 $5,375 00 

Point Bridge bonds, 1.500 ' 4,900 00 

Pittsburgh, X. C. and L. E. Railroad bonds, . 8,000 00 9,200 00 

100 shares First National Bank. Allegheny, . 10,000 00 17,000 00 

100 il Safe Deposit Company, Pittsburgh, 5,000 00 00 00 

10 " Eagle Cotton Mills, Allegheny, . 1,000 00 I 00 

15 " X. Y. and Cleveland Gas Coal Co, . 760 00 750 

20 " Allegheny Ins. Co., Pittsburgh, . 1,000 00 1,200 00 

100 " Allegheny Suspension Bridge Co, . 2,500 00 00 

200 " Pittsburgh, Mck. and Yough. P. R. . 10,000- 12, 

25 " Monongahela Ins. Co, Pittsburgh, . 1,250 00 1,25 

81 " First National Bank, Pittsburgh, . 8,400 00 14,110 On 

100 " Masonic Bank, Pittsburgh. . 5,000 00 5,900 00 

100 " Citizens 1 Xafl Bank. Pittsburgh, . >00 00 -0 00 

200 " Allegheny Xafl Bank, Pittsburgh. . 10,000 00 12,400 00 

165 t; Duquesne Xafl Bank, Pittsburgh, . 16,500 00 22. 

100 " Marine Xafl Bank, Pittsburgh, . 10,000 00 10,500 00 

25 " Mechanics 1 Nat'l Bank, Pittsburgh. 1,250 00 

100 " Metropolitan Natl Bank, Pittsburgh. 10,000 00 10,000 00 

25 " German Xafl Bank, Allegheny, . "'00 00 3,525 00 

5 " Guarantee Co. of No. Amer, Canada, 250 00 325 00 

60 " M. & M. Nat'l Bank, Pittsburgh, . 3,000 00 3,600 00 

160 " Iron City Natl Bank, Pittsburgh, . 8,000 00 14.560 00 

.')-) " Exchange Xafl Bank, Pittsburgh, . 2,750 00 4,510 00 

90 " Birmingham Ins. Co, Pittsburgh, . 4,500 00 -0 00 

150 " Third National Bank, Pittsburgh, . 15,000 00 24,750 00 

8189,650 00 | 7 50 



Securities held as collateral for cash loans : — 

Market value. 

Masonic Bank. Pittsburgh, . . ,251 00 ^ 

Fifth Avenue Bank, Pittsburgh. . 2,500 00 j 

Mechanics 1 Xatl Bank, Pittsburgh. . 515 on \ 

Iron City Xafl Bank, Pittsburgh, . 1 ,260 I '0 I 

People's Ins. Company. Pittsburgh, 1,750 00 J 

City Insurance Co, Pittsburgh, . 1,250 00 

-Marine Xational Bank, . . . 1.575 On 

. L. Railway bonds, . . . . 1,800 00 ) 

Incline Plane Company bonds, . 2,000 00 ) 

Monongahela Ins. Co, Pittsburgh. . 6.000 00 

Allegheny Gas Co, Allegheny, . 11,350 00 

Citizens 1 Nat'l Bank, Pittsburgh, . 635 00 

Monongahela Xavigation Company. 3,360 00 *\ 

Mcrch. & Manuf. Xafl Bank, Pitts. 1,160 00 i 

Calumet Coke Company, . . 5,000 00 ) 

Monongahela Xavigation Company. 3,280 00 

Fifth Xational Bank, . . 12.500 00 



89 i 


shares 


50 


(i 


5 


it 


14 


it 


•a:> 


.1 


25 


tt 


15 


cc 


P., C. & St 


Mt. 


Oliver 


120 shares 


269 


u 


10 


u 


42 


tt 


20 


tc 


100 


It 


11 


tt 


100 


tt 



Loaned thereon. 



,:» no 



1,000 on 

Ml (HI 

on 

DO 

50" 

6,100 00 

1,651 
10,000 00 



?61,186JX) .547.239 00 



1888.] INS. COS. OF OTHEH 


, STATES. 


169 


Summary of Assets Dec 


. 31, 1888. 






Cash value of unencumbered real estate, 


|108,000 


00 




Loans on mortgage of real estate (first liens *) 


210,248 00 




Interest due or accrued thereon, 


2,797 


14 




Stocks and bonds, as per schedule, . 


253,637 


50 




Loans on collateral security, as per schedule, 


47,239 


00 




Cash in the office of the company, . . . 


2,120 


64 




Cash deposited in bank, .... 


44,678 


73 




Interest due and accrued, .... 


981 


98 




Premiums in course of collection (gross), 


27,999 


93 




Rents due and accrued, .... 


70 


83 




Gross assets, 






$697,773 75 


Liabilities. 








Losses adjusted, unpaid, .... 


115,466 30 




Losses disputed or resisted, 


1,600 


00 




Unearned premiums on outstanding risks, 


165,218 


2!) 




Due and accrued for rent, salaries, etc., . 


595 


69 




Commissions and brokerage, . 


4,666 


65 




Gross liabilities, except capital, 






1X7 54(i Q3 






1Q l ,»^T:' f * ' * t 


Surplus as regards policy holders, . 


$510,226 82 


Paid-up capital, 


• • • 


, 


500,000 00 


Surplus over capital, .... 


$10,226 82 


Income. 








Fire premiums outstanding Dec. 31, 1887, 


$31,171 


17 




Premiums on risks written or renewed, . 


290,971 


66 




Total, 


. $322,142 83 




Premiums now in course of collection, 


27,999 


93 




Entire premiums collected, 


$294,142 90 




Less re-insurance and return premiums, . 


41,893 


48 




Net cash tire premiums received, 
Interest received on mortgages, 






ftQ/>9 S>1<) 49 






10,627 si 


Interest and dividends received from all othei 


sources, . 


. 


16,277 35 


Income from rents, 


. . . 


* 


5,575 74 


Gross cash income, .... 


$284,730 35 


Expenditures. 








( ash paid for fire losses, .... 


• 




$157,1:51 34 


for commissions and brokerage, 


■ . . 




54,577 32 


for salaries of officers and employe 


es, . 




10,912 18 


for State and local taxes, 


. . . 




9,130 40 


for incidentals, 


. . . 




21,938 90 


Gross cash expenditures, . 


$256,693 14 






$593,200 


Amount of insurance held as collateral, 


. 


179,725 



170 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Risks and Premiums. 

Premiums. 

27,422,383 00 $314,838 65 

16,137,836 00 290,971 66 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



143,560,219 00 $605,810 31 

14,159,392 00 267,738 01 



129,400,827 00 $338,072 30 
670,843 00 7,635 73 



$28,729,984 00 $330,436 57 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Company's stock owned by directors, .... 



§2,853,435 00 

1,403,655 00 

154,913 00 

679,000 00 

86,650 00 



" CITIZENS' INSURANCE COMPANY OF MISSOURI," ST. LOUIS, 

MISSOURI. 

[Incorporated Feb. 2, 1837. Commenced business February, 1837.] 
Paid-up Capital, $200,000. 

J. B. M. Kehlor, President. John P. Harrison, Secretary. 



Detailed Statement of Stocks 



North Missouri Railroad bonds. 
Venice Elevator Company bonds, 
St. Louis Elevator Company bonds, 
Western Union Telegraph Company bonds, 
St. Joseph city bonds, .... 
Advance Elevator Company bonds, . 
Chamber of Commerce bonds, . 
Valley Grain Elevator Company stock, . 



and Bonds. 

Par value. 

§ 100,000 00 
37,000 00 
30,000 00 
25,000 00 
15,000 00 
10,000 00 
7,000 00 
20,160 00 



Market value. 

8115,000 00 

33,300 00 

30,750 00 

24,000 00 

14,400 00 

10,000 00 

6,000 00 

8,400 00 



8244,160 00 $241,850 00 



Securities held as collateral for cash loans : — 

East St Louis Elevator stock, . 
250 shares St. Louis Elevator, . 
St Joseph, Mo., bonds, 
350 shares American Exchange Bank, 



Market value. Loaned thereon. 

§100,000 00 675,000 00 
18,750 00 
19.200 00 
25.000 00 20.000 00 



30.000 00 



$162,950 00 8125,000 00 



1888.] 



INS. COS. OF OTHER STATES. 



171 



Summary of Assets Dec. 31, 1888. 

Cash value of unencumbered real estate, . $9,080 00 
Loans on mortgage of real estate (first liens*), 40,350 00 

Interest due or accrued thereon, . . . 190 00 

Stocks and bonds, as per schedule, . . ; 241,850 00 

Loans on collateral security, as per schedule, . 125,000 00 

Cash in the office of the company, . . . 617 95 

Cash deposited in bank, 16,871 49 

Interest due and accrued, 562 50 

Premiums in course of collection (gross), . 8,187 73 

Gross assets, 



$442,709 67 



Liabilities. 

Losses adjusted, unpaid, .... 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, 



$2,223 00 
1,679 00 

39,128 65 
1,434 88 



44,465 53 

$398,244 14 
200,000 00 

$198,244 14 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, . 


$7,770 
66,276 


64 
45 


$65,214 

3,994 

1,580 

19,993 




Total, 

Premiums now in course of collection, . 


$74,047 
7,814 


09 
17 




Entire premiums collected, . 

Less re-insurance and return premiums, . 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1887, . 

Premiums on risks written or renewed, . 


$66,232 
1,018 


92 
83 


09 


$316 
4,963 


90 
20 


Total, 

Premiums now in course of collection, . 


$5,280 
373 


10 
56 




Entire premiums collected, . 

Less re-insurance and return premiums, . 

Net cash marine premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other t 


$4,906 
912 


54 

28 


26 
00 
52 


sources, . 


• 


Gross cash income, 


$90,781 87 


Amount of insurance held as collateral, 




$22,500 00 
95,500 00 
58,500 00 





172 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



EXPENDITI BES 

Cash paid for fire losses, .... 

for marine and inland Losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employ 

for State and local tax 

for incidental-. 

Gross cash expenditures, . 



Risks and Premii 

Fire risks outstanding Dec. 81, L887, 
Fire risks written during 1888, 

Total, ...... 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 

Marine risks written during 1888, . 
Deduct risks expired and terminated, 



as. 

$5,85.3,59:3 00 
96,863 00 

812,252,446 00 
6,259,234 00 

15,993,212 00 

21,700 00 



3 W 
1,406 77 

12.000 00 
12,238 87 

00 

00 

77 66 

$78,800 64 



Premiums. 

$77,223 00 
66,276 45 

$143,499 45 

66,:;:'.: 

7,165 25 

276 25 



$5,971,512 00 $76,889 00 



5,606 00 

935,600 00 



Miscellaneous. 

Losses paid from organization of company, 

Fire losses incurred during the year, 

Marine and inland losses incurred during the year, 

Cash dividends declared from organization of company 

Dividends declared during the year (0 per cent.), . 

Company's stock owned by directors, ... 



4,963 20 



25,313 00 

28,362 00 

1,407 00 

731,798 00 

12,000 00 
138,100 00 



"CITY FIRE INSURANCE COMPANY OF THE CITY OF NEW 
YORK," NEW YORK, N. Y. 

[Incorporated April 26, 1S33. Commenced business June 6, 1833.] 

Paid-up Capital, $210,000. 

Samuel Townsend, President. David J. Blauvelt, Secretary. 



Detailed Statement of Sto< k> and Bonds. 

Par value. Market value. 

New York City water bonds. .... $210,000 00 |224,175 

United States (4"s) bonds, .... 30,000 00 38,175 00 

United States notes, 14,000 00 14,000 00 



1888.] 



IXS. COS. OF OTHER STATES. 



173 



250 shares Rensselaer and Saratoga R. R., 

500 " Long Island R. R., . 

200 " N. Y. Central & Hudson Riv. R. R., 



Par value. 

825,000 00 
25,000 00 
20,000 00 



Market value. 

$42,500 00 
23,000 00 
21,800 00 



|324,000 00 $363,650 00 



Summary of Assets Dec. 31, 1888. 

Loans on mortgage of real estate (first liens *), 833,800 00 

Interest due or accrued thereon, . . . 747 08 

Stocks and bonds, as per schedule, . . . 363,650 00 

Cash in the office of the company, . . . 603 08 

Cash deposited in bank, 374 73 

Interest due and accrued, 1,300 00 

Premiums in course of collection (gross), . 3,172 11 
Premiums more than 3 months due, . $77 44 

Gross assets, 



- $403,647 00 



Liabilities. 
Losses adjusted, unpaid, .... 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., . 
State and local taxes, 
Commissions and brokerage, . 
Return premiums, 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, 

Surplus over capital, . 



8989 89 




5,040 83 




26,512 98 




766 66 




100 00 




525 22 




92 24 






34,027 82 




. . . • 


$369,619 18 


. 


210,000 00 


• • • • 


$159,619 18 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash fire premiums received. 



$3 ; 838 63 
27 50 

$3,811 13 
46,687 17 

$50,498 30 
3,249 55 

$47,248 75 
2,717 77 



$44,530 98 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$39,700 00 
36,800 00 
31,050 00 



174 FIRE, MARINE, AND FIRE-MAIM \E [Dec. 31, 



Interest received on mortgages, 

Interest and dividends received from all other sources, . 
Income from all other sources, 

Gross cash income, 



$2,2_ 
11,06 
18:) 67 

$57,998 61 



Expenditures. 

Cash paid for fire losses, 

] )educt salvage and re-insurance, 

Net cash paid for fire losses, .... 

(ash dividends paid, 

Cash paid for commissions and brokerage, 
for salaries of officers and employ 
for State and local taxes, 
for incidentals, .... 

Cross cash expenditures, .... 



$21,133 23 
32 88 



$21,100 35 

16,800 00 

7,424 98 

13,616 20 

348 01 

5,226 16 

$64,515 To 



Risks and Premilm-. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



§8,486,782 00 
7,878,156 00 

$16,364,938 00 
7,595,733 00 

18,769,205 00 
124,425 00 



Premiums. 

.159 47 
45,094 14 

191,253 61 

39,280 79 

.972 82 
684 16 



f8,644,780 00 $51,28- 



MlSCELLANEOUS. 

Premiums received from organization of company, 

Losses paid from organization of company, . 

Fire losses incurred during- the vear, 

Cash dividends declared from organization of company 

Dividends declared during the year (8 per cent.), . 

Company's stock owned by directors, 



$3,227,670 00 

1.446,985 00 

26,720 00 

1.772.100 00 

16,800 00 

34,020 00 



"COMMERCE INSURANCE COMPANY/* ALBANY. N. Y. 

[Incorporated June 1, 1859. Commenced business June 1, 1859.] 

Paid-up Capital, $200,000. 

(i. A. Van Allen, President. R. V. De Witt, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par value. Market value. 

United States bonds, $210,000 00 $272,600 

150 shares Nat'l Com 1 ! Bank, Albany, N.Y., . 15,000 00 34.: 

150 " First National Bank, Albany, N. Y.. 15,000 00 26,250 00 



1888.] 



INS. COS. OF OTHER STATES. 



175 



100 shares Nat'l Exchange Bank, Albany, N.Y., 
70 " Albany City Natl Bank, Albany, N.Y., 
50 " National Bank of Cohoes, N. Y., 
16 " Merchants' National Bank, Albany, 
25 " Holland Trust Co., New l r ork, 



Securities held as collateral for cash loans : — 

110 shares National Bank of Cohoes, N. Y., 
47 " Albany Perforated Wrap. Paper Co., 



Par value. 

$10,000 00 

7,000 00 

5,000 00 

800 00 

2,500 00 



Market value. 

$10,600 00 
8,750 00 
5,500 00 
1,600 00 
3,125 00 



$205,300 00 $362,925 00 



Market value. Loaned thereon. 

$12,100 00 $10,000 00 
5,875 00 2,800 00 



$17,975 00 $12,800 00 



Summary of Assets Dec 

Cash value of unencumbered real estate, . 
Loans on mortgage of real estate (first liens *) 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross) , 
Rents due and accrued, .... 
Gross assets, 



31, 1888. 

$58,000 00 

13,900 00 

362,925 00 

12,800 00 

1,992 38 

15,618 62 

605 00 

4,266 72 

213 00 



$470,320 72 



Liabilities. 



Losses claimed and reported, 
Losses disputed or resisted, 

Total amount of losses, 
Less re-insurance, 



Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
State and local taxes, 
Commissions and brokerage, . 
Return premiums, .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, 



$12,206 00 
3,150 00 

$15,356 00 
285 00 

$15,071 00 

72,885 77 

1,556 20 

36 36 

8 75 



89,558 08 

$380,762 64 
?00,Q00 00 

$180,762 64 



* Value of lands mortgaged, . 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$15,500 00 
10,000 00 
12,500 00 



176 FIRE, MARINE, AM) FIRE-MARINE [Dec. 31, 



Income, 

Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks, written or renewed, 

Total 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, .... 



Gross cash income, 



$5,1 12 
L30.218 

1135,331 71 

4,266 72 

$131,004 99 
19,081 65 



sources, 



$111383 34 

1,391 00 

19,311 64 

2,616 63 

$134,702 61 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employ 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 



1,895 44 

11,548 86 



$82,346 58 

20,000 00 

.175 89 

11,632 50 

3,909 84 

5,856 84 

$143,921 65 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



$15,863,768 00 

12,544,958 00 

-.408,726 00 
13,508,795 .00 

$14,899,931 00 
1,119,524 00 



Premiums. 

$172,144 
1304 

-.305 53 
145,425 73 

11,904 09 



$ 13,780,407 U0 $145,035 71 



Miscellaneous. 

Premiums received from organization of company, 

Losses paid from organization of company, . 

Fire losses incurred during the year, . 

Cash dividends declared from organization of company, 

Dividends declared during the year (10 per cent.), 

Company's stock owned by directors, . 



$4,228,609 00 

- >8 
664. 
20,< 
40J571 



1888.] 



INS. COS. OF OTHER STATES. 



177 



-COMMERCIAL INSURANCE COMPANY OF CALIFORNIA," 

SAN FRANCISCO. 

[Incorporated Feb. 26, 1872. Commenced business March 1, 1872.] 

Paid-up Capital, $200,000. 

John H. Wise, President. Chas. A. Laton, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par value. 

United States bonds, ...... $50,000 00 

Shasta County bonds, 17,500 00 

1900 shares Merchants 1 Exchange Bank, . . 190,000 00 

205 " Spring Valley Water Works, . 20,500 00 



Market value. 

$63,562 50 
18,775 00 
41,800 00 
20,653 75 



Securities held as collateral for cash loans : — 



$278,000 00 §144,791 25 



Market value. Loaned thereon. 



115 shares First National Bank, San Diego, . $18,250 00 $10,000 00 



Summary of Assets Dec. 31, 1888. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 

Gross assets, 

1 )educt special deposits in other States, . 



Balance, $386,524 20 



$5,030 80 

174,650 00 

1,641 17 

144,791 25 

10,000 00 

7,487 48 

17,539 34 

264 74 

84,415 02 

4,266 90 



$450,086 70 
63,562 50 



Liabilities. 

Losses claimed and reported, .... $25,227 44 

Unearned premiums on outstanding risks, . 172,794 76 

Commissions and brokerage, .... 1,468 70 



* Value of lands mortgaged, $525,600 00 

Value of buildings thereon 319,500 00 

Amount of insurance held as collateral 144,550 00 



178 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 
Return premiums, $1,870 62 



Gross liabilities, except capital, 
Deduct liability on special deposits, 



Surplus as regards policy holders, . 
Paid-up capital, .... 



Impairment of capital, 



$201,361 52 
6,805 33 



$194,556 19 

$191,968 01 
200,000 00 

$8,031 99 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, 



Entire premiums collected, .... § 27,869 47 

Less re-insurance and return premiums, . . 4,552 83 

Net cash marine premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other sources, 



$85,578 35 
473,647 38 

$559,225 73 
81,330 98 

$477,894 75 
98,386 76 



$1,493 38 
29,460 13 

$30,953 51 
3,084,04 



$379,507 99 



23,316 64 
11,74: 
24,491 52 



Gross cash income, . . $439,058 69 



Expenditures. 



Cash paid for fire losses, 

for marine and inland losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for rent and incidentals, . . 



$237,359 58 
16,968 82 
24,000 00 
85,649 70 
33,299 62 
8,041 49 
30,291 04 



Gross cash expenditures, $435,610 25 



1888.] 



INS. COS. OF OTHER STATES. 



179 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount re-insured, 

Net amount in force, . 

Marine risks outstanding Dec. 31, 1887, 
Marine risks written during 1888, . 



Total, 

Deduct risks expired and terminated, 

Tn force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



. $22,963,775 00 
. 30,713,144 00 



. $53,676,919 00 
. 29,235,965 00 

. $24,440,954 00 
. 1,233,510 00 



Premiums. 

$336,522 89 
473,647 38 

$810,170 27 
467,051 31 



$343,118 96 
22,102 87 



. $23,207,444 00 $321,016 09 



$192,675 00 
2,209,181 00 



12,401,856 00 
2,078,800 00 

$323,056 00 
28,617 00 



$14,359 47 
29,460 13 

$13,819 60 
30,822 35 

$12,997 25 
1,144 53 



$294,439 00 $11,852 72 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (12 per cent.), 
Company's stock owned by directors, .... 



$4,008,993 00 

2,101,033 00 

252,153 00 

14,969 00 

524,000 00 

24,000 00 

122,800 00 



"COMMERCIAL MUTUAL INSURANCE COMPANY," 
NEW YORK, N.Y. 

[Incorporated April 12, 1842. Commenced business May, 1852.] 

W. I. Comes, President. Henry D. King, Secretary, 



Detailed Statement of 



United States bonds, 

American Exchange Bank stock, 

Market Bank stock, . 

Corn Exchange Bank stock, 

Park Bank stock, 

Bank of New York (N. B. A.) stock 

Bank of State of New York stock, 

Gallatin Bank stock, . 

Continental Bank stock, . 



Stocks and Bonds. 

Par value. 

$152,000 00 
20,000 00 
2,500 00 
4,000 00 
10,000 00 
3,700 00 
2,400 00 
3,300 00 
5,000 00 



Market value. 

$178,680 00 
29,000 00 
4,500 00 
9,200 00 
18,200 00 
8,510 00 
2,592 00 
8,316 00 
6,500 00 



180 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Merchants 1 Bank stock, 

St. Nicholas Bank stock, . 

Bank of Commerce stock, 

Bank of America stock, . 

Nassau Bank stock, . 

Newark city bonds, . 

Erie Railway bonds, . 

Delaware, Lack, and Western R. R. bond 

Morris and Essex Railroad bonds. 

Warren Railroad bonds, . 

Delaware and Hudson Canal bonds . 

Det., G. H. and Milwaukee Railroad bond-, 

Coast Wrecking Company stock, 

N. Y., Lack, and Western Railroad bonds, 

Central Railroad of New Jersey bonds. 

Atlantic Mutual Insurance Company scrip, 

Union Mutual Insurance Company scrip, 

Market and Fulton Bank stock, 

Rensselaer and Saratoga Railroad stock, . 



Securities held as collateral for cash loans : — 

Erie Railway bonds, 

Morris and Essex Railroad bonds, . 

10 shares American Exchange National Bank, 



Par value. 

,200 00 

7,500 00 

5,400 00 

1,800 00 

2,500 00 

13,000 00 

10,000 00 

5,000 00 

35,000 00 

0,000 00 

15,000 00 

900 00 

4,500 00 

10,000 00 

8,000 00 

118,970 00 

141 12 

5,000 00 

2,000 00 



Market value. 

$8,928 00 
9,150 00 
9,666 00 

3,240 00 

3,800 00 
15,290 00 
ll,7oo 00 

7,050 00 
10,760 oo 
11,2" 
19*560 00 

1,035 00 

225 00 

13,250 00 

9,800 00 

126,758 85 

70 56 

9,100 00 

3,400 00 



$462,811 12 $569,511 41 



Market value. Loaned thereon. 

$13,675 00 n 

3,780 00 i $15,000 00 
1,450 00 ) 



$18,905 00 



Summary of Assets Dec. 31, 1888. 



Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 

Salvage, 

Rent prepaid, 

Gross assets, 



§569,511 41 

15,000 00 

34,151 16 

2,320 00 

28,462 22 

32,069 14 

6,378 00 

583 33 



-.475 '2G 



Liabilities. 

Losses claimed and reported, . 

Losses disputed or resisted, 

Unearned premiums on outstanding risks, 

Unpaid scrip ordered to be redeemed, 

Interest due or accrued on scrip, 

Commissions and brokerage, . 



$44,330 00 

1,100 00 

49,772 69 

5,764 20 

7,395 37 

400 00 



1888.] 



INS. COS. OF OTHER STATES. 



181 



Return premiums, . . . . . 

Due for re-insurance, 

Gross liabilities, except scrip, .... 

Surplus as regards policy holders, . 

Scrip outstanding, not ordered to be redeemed, 

Surplus over scrip, 

Income. 

Marine premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash marine premiums received, 

Interest and dividends received from all sources, 



$1,777 23 
603 68 



150,630 07 
288,609 43 

$339,239 50 
60,531 36 

$278,708 14 
71,574 05 



$111,143 17 

$577,332 09 
538,290 00 

$39,042 09 



$207,134 09 
29,247 54 



Gross cash income, $236,381 63 



Expenditures. 

Cash paid for marine and inland losses, . 

Deduct salvage and re-insurance, 

Net cash paid for marine and inland losses, . 

Interest paid scrip-holders, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, 

Gross cash expenditures, . . . 



$226,262 29 
57,449 80 



Risks and Premiums. 



Marine risks outstanding Dec. 31, 1887, 
Marine risks written during 1888, . 



Total, ...... 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



$2,754,015 00 
23,433,046 00 



$26,187,061 00 
23,764,141 00 



$2,422,920 00 
81,621 00 



$168,812 49 

117 60 

12,000 12 

20,770 50 

3,972 05 

12,177 84 

$217,850 60 



$55,471 37 
288,609 43 

£344,080 80 
292,252 46 

$51,828 34 
2,055 65 



1,341,299 00 $49,772 69 



Miscellaneous. 

Premiums received from organization of company, . 
Losses paid from organization of company, 
Marine and inland losses incurred during the year, 



$15,007,219 00 

8,958,742 00 

174,681 00 



182 FIRE, MARINE, AND FIRE-MARIXE [Dec. 31, 



"THE COMMONWEALTH INSURANCE COMPANY OF NEW 
YORK," NEW YORK, N. Y. 

[Incorporated Aug. 23, 1886. Commenced business Sept. 15, 1886.] 

Paid-up Capital, $500,000. 

M. M. Belding, President. Chas. 8. Baktow, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par value. 

United States bonds, $225,000 00 

New York city bonds, . . . . . 175,000 00 

50 shares Merchants 1 National Bank, N. Y., . 2,500 00 

25 " Bank of Commerce, N. Y., . . 2,500 00 

25 " Bank of America, New York, . . 2,500 00 

10 " Central National Bank, New York, . 1,000 00 

33 " United New Jersey R. R. & Canal Co., 3,300 00 



Market valu<.'. 

$280,875 00 
180,002 50 
25 00 
4,500 00 
4,481 25 
1,342 50 
7,334 25 



$411,800 00 §494,220 50 



Summary of Assets Dec. 31, 1888. 

Loans on mortgage of real estate (first liens *), $71,500 00 

Interest due or accrued thereon, . . . 297 92 

Stocks and bonds, as per schedule, . . . 494,220 50 

Cash in the office of the company, . . . 790 92 

Cash deposited in bank, 123,207 94 

Interest due and accrued, . . . . 1,545 00 

Premiums in course of collection (gross), . 21,971 48 
Premiums more than 3 months due, $117 70 

Gross assets, 



$713,533 76 



Liabilities. 

Losses claimed and reported, .... $9,899 23 

Unearned premiums on outstanding risks, . 103,462 74 

Due and accrued for rent, salaries, etc., . . 1,200 00 

Commissions and brokerage, .... 1,236 27 

Return premiums, 613 45 

Gross liabilities, except capital and scrip, . 

Surplus as regards policy holders, 

Paid-up capital, . . . . . . $500,000 00 

Scrip outstanding, not ordered to be redeemed, 6,413 00 

Surplus over capital and scrip, 



116,411 69 
§597,122 07 

506,413 00 
$90,709 07 



* Value of lands mortgaged, . 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$S3,000 00 
84,000 00 
63,200 00 



1888.] 



INS. COS. OF OTHER STATES. 



183 



Income. 

Fire premiums outstanding Dec. 31, 1887, . $27,321 08 
Premiums on risks written or renewed, . . 242,423 58 

Total, $269,744 66 

Premiums now in course of collection, . 22,089 18 

Entire premiums collected, . . . $247,655 48 

Less re-insurance and return premiums, . . 37,075 63 

Net cash fire premiums received, . . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, 



$210,579 85 

3,841 67 

15,341 92 



Gross cash income, $229,763 44 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, .... 

Gross cash expenditures, . 



$84,106 


24 




1,548 87 








$82,557 37 






. 


. 


14,412 93 


. 


. 


26,453 06 


. 


. 


4,664 40 


• 




19,828 08 


, , 


$147,915 84 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Risks and Premiums. 

Premiums. 

. $17,425,043 00 $170,506 04 
. 27,291,638 00 242,423 58 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, .. 



$44,716,681 00 $412,929 62 
25,105,904 00 211,375 01 



$19,610,777 00 $201,554 61 
188,000 00 1,282 63 



$19,422,777 00 $200,271 98 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Company's stock owned by directors, .... 



$442,968 00 

142,235 00 

75,685 00 

6,000 00 

99,000 00 



184 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



"THE CONCORDIA FIRE [NSURANCE COMPANY OF 
MILWAUKEE," MILWAUKEE, WIS. 

[Incorporated March 7, 1870. Commenced business March 22, 1870.] 
Paid-up Capital, $200,000. 

Jobst H. Buening, President. Gi>tav Wollaeger, Secretary. 



Detailed Statement of Stocks and Bonds. 



New Holstein town (Wis.) bonds, 
Schleswig town (Wis.) bonds, 
Cook County (111.) bonds, 
Chicago water bonds, 
Chicago river bonds, 
Chicago sewer bonds, 
Cincinnati bonds, 
Washington County (111.) bonds, 



Par value. 

moo 00 

10,000 00 

5,000 00 

8,000 00 

7,000 00 

25,000 00 

40,000 00 

15,000 00 



Mark ft valur. 

|30 f i 

10,000 00 
5,37 

io oo 

75 00 
25,625 00 
44,000 

15,000 00 



1140,000 00 $146,37 



SUMMABT OF ASSETS DEC 31, 1888. 

Loans on mortgage of real estate (first liens*), $340,555 00 

Interest due or accrued thereon, . . . 3,845 87 

Stocks and bonds, as per schedule, . . . 146,375 00 

Cash in the office of the company, . . . 1,862 94 

Cash deposited in bank, 43,090 91 

Interest due and accrued, 2,152 77 

Premiums in course of collection (gross), . 43,503 16 

Premiums more than 3 months due, $359 15 

Gross assets, ?58 1,385 65 



Liabilities. 
Losses adjusted, unpaid, .... 
Losses claimed and reported, . 
Losses disputed or resisted, 

Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, 



Surplus over capital, 



$8,081 48 

20,926 00 

4.250 00 

|296,70l 

6,922 37 



336,889 37 

|244,496 28 

200,000 00 

144,496 - 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



50 00 
55S,200 00 
190,500 00 



1888.] 



INS. COS. OF OTHER STATES. 



185 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Same not collected, .... 

Net collected, 

Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from all other sources, . 

Gross cash income, 



$47,205 04 
282 39 

$46,982 65 
461,827 71 

f508,810 36 
43,579 92 

$465,230 44 
56,053 3(5 



sources, . 



$409,177 08 

19,019 21 

8,500 00 

240 00 



£436,936 29 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 

Gross cash expenditures, .... 



$239,168 17 
10,538 12 



$228,630 05 
14,000 00 
93,966 24 
22,180 00 
8,472 34 
34,170 05 

$401,418 68 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Risks and Premiums. 

Premiums. 

.$38,321,144 00 $510,081 55 

. 36,792,856 00 461,827 71 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



.$75,114,000 00 $971,909 26 
. 29,537,192 00 385,305 60 



. $45,576,808 00 §586,603 66 
828,030 00 11,647 81 



$44,748,778 00 $574,955 85 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (7 per cent.), . 
Company's stock owned by directors, .... 



$2,094,666 00 

1,095,792 00 

236,276 00 

111,667 00 

11,000 00 

139,600 00 



186 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



"CONNECTICUT FIEE [NSURANCE COMPANY," HARTFORD, 

CONN. 

[Incorporated June, 1850. Commenced business July, 1850.] 
Paid-up Capital, $1,000,000. 
J. I). Browne, President. Charles R. Burt, Secretary. 



Detailed Statement of Stocks 

United States bonds, . 
Dominion of Canada bonds, 
State of Georgia bonds, 
City of Hartford bonds, . 
City of New Britain bonds, 
City of Middletown bonds, 
City of Toledo, Ohio, bonds, 
City of Erie, Penn., bonds, 
Cass County, Dakota, bonds, 
Wapello County, Iowa, bonds, 
Coffey County, Kansas, bonds, 
Tiffin, Ohio, Gas Company bonds, 
Minneapolis Gas Light Company bonds, 
Traders 1 Safe and Trust Co., Chicago, bonds, . 
Michigan Central Railroad bonds, . 
Quincy, Alton and St. L. Railroad Co. bonds, . 
New York, New H. and Hart. Railroad bonds, 
Broadway and Seventh Avenue R. R. bonds, . 
Dayton and Michigan Railroad bonds, 
Chicago, Burlington and Quincy R. R. bonds, 
Detroit, Lansing and Northern R. R. bonds, . 
Grand Rap., Detroit and Lansing R. R. bonds, 
600 shares Chic, Burlington and Quincy R. R., 
150 
600 
300 
114 
200 
200 
220 
310 
125 
112 
300 
185 
100 
150 
93 
100 



Chicago and NoVestern Railroad. . 
New York, New II. and Hart. R. R., 
Pittsbg., F. Wayne and Chic. R. R.,. 
Boston and Albany Railroad, . 
N. Y. Central and Hud. Riv. R. R, . 
Detroit, Lansing and Northern R.R., 
Chic, Rock Isl. and Pacific R. R., . 
Importers & Trad. Nat. Bank, N.Y., 
Farmers and Mech. Nat. B'k, IFtford, 
National Exchange Bank, Hartford, 
Hartford National Bank, Hartford, . 
First National Bank, Hartford. 
.Etna National Bank, Hartford, 
Phoenix National Bank, Hartford, . 
Charter Oak Nat'l Bank, Hartford, 
Mercantile Nat'l Bank, Hartford, . 



and Bond-. 

Par value. 

-.000 00 
100,000 00 
25,000 00 
15,000 00 
15,000 00 
20,000 00 
10,000 00 
10,000 00 
13,000 00 
10,000 00 
10,000 00 
14,000 00 
25,000 00 
10,000 00 
20,000 00 
49,000 00 
40,000 00 
20,000 00 
25,000 00 
7,000 00 
2,000 00 
3,000 00 
69,000 00 
15,000 00 
60,000 00 
30,000 00 
11,400 00 
20,000 00 
20,000 00 
22,000 00 
31,000 00 
12,500 00 
20,600 00 
30,000 00 
18,500 00 
10,000 00 
15,000 00 
9,300 00 
10,000 00 



Market value. 

$107,950 00 

104,000 00 

26,625 00 

15,900 00 

15,750 00 

21,200 00 

10,500 00 

10,300 00 

13,000 00 

10,000 00 

10,000 00 

14,000 00 

26,250 00 

10,000 00 

26,000 00 

49,000 00 

50,800 00 

20,800 00 

26,250 00 

6,440 00 

2,200 00 

3,000 00 

75,900 00 

15,750 00 

141,000 00 

45,000 00 

22,230 00 

21,400 00 

16,000 00 

21,340 00 

116,250 00 

12,750 00 

23,896 00 

45,000 00 

18,130 00 

10,200 00 

17,400 00 

i».486 00 

8,500 00 



1888.] 



INS. COS. OF OTHER STATES. 



187 



45 shares Conn. Trust and Safe Deposit Co., . 
167 " First Nat'l Bank, Minneap., Minn.,. 

22 " Second Nat'l Bank, New Haven, . 
500 " Northwestern Telegraph Co., . 



Securities held as collateral for cash loans : — 

Union Stock Y'd & Tr. Co. stock, Chicago, 
Collins Company stock, Hartford, . 
Connecticut Fire Insurance Company stock, . 
N. Y. & N. E. R. R. bonds, . . 



Far value. 

£4,500 00 

16,700 00 

2,200 00 

25,000 00 



Market value. 

^6,075 00 

22,545 00 

2,970 00 

25,000 00 



$980,700 00 $1,256,787 00 



Market value. 

$6,600 00 

1,600 00 

19,200 00 

15,000 00 



Loaned thereon. 

$4,300 00 
15,000 00 



$42,400 00 $19,300 00 



Summary of Assets Dec. 31, 1888. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Stock and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the comjmny, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 

Gross assets, 

Deduct special deposits in other States, . 



$87,550 00 

624,650 00 

1,256,787 00 

19,300 00 

386 !}6 

161,330 31 

166,338 81 



$2,316,343 08 
238,575 00 



Balance, $2,077,768 08 



Liabilities. 
Losses claimed and reported, . 
Losses disputed or resisted, 
Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., 
State and local taxes, 
Commissions and brokerage, . 
Return premiums, .... 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, . 



$91,s:U 11 
15,881 64 

696,382 84 

15,492 92 

4,259 38 

15,315 77 

17,954 98 

$857,121 97 
64,726 28 



7112,395 69 

11,285,372 39 

1,000,000 00 

$285,372 39 



* Value of lands mortgaged, 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



$828,250 
833,850 
635,950 



188 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 

Income. 
Fire premiums outstanding Dec. 31, 1887, . f 141,120 75 

Premiums on risks written or renewed, . . 1,247,388 41 

Total, $1,388,509 16 

Premiums now in course of collection, . . 166,338 81 

Entire premiums collected, .... $1,222,170 35 
Less re-insurance and return premiums, . . 232,263 09 

Net cash fire premiums received, . . . $989,907 26 

Interest received on mortgages, 37,085 94 

Interest and dividends received from all other sources, . . 62,557 64 



Gross cash income, $1,089,550 84 



Expenditures. 

Cash paid for fire losses, 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and emplo3~ees, 

for State and local taxes, . 

for incidentals, 

Gross cash expenditures, .... 



$602,957 42 

80.000 00 
159,863 25 

83.001 08 
23,601 53 
74,804 78 

$1,024,228 06 



Risks and Premium-. 

Premiums. 

Fire risks outstanding Dee. 31, 1887, . $103,720,780 00 $1,289,072 91 
Fire risks written during 1888, . . 101,112,207 00 1,247,388 41 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 



$204,832,987 00 $2,536,461 32 
95,712,904 00 1,198,058 74 



$109,120,083 00 $1,338,402 58 



Miscellaneous 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, . 

Cash dividends declared from organization of company, 
Dividends declared during the year (8 per cent.), . 
Company's stock owned by directors, . 



810,091,669 00 

. 5,609,293 00 

612,411 00 

1,425,000 00 

80,000 00 

77,700 00 



1888.] 



INS. COS. OF OTHER STATES. 



189 



" CONTINENTAL INSURANCE COMPANY;' NEW YORK, N. Y. 

[Incorporated November, 1852. Commenced business January, 1853.] 

Paid-up Capital, $1,000,000. 

II. H. Lamport, President. Cyrus Peck, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par value. 

250 shares American Exchange Nat'l Bank, . $25,000 00 

69 " Bank of America, .... 6,900 00 

50 " Bowery National Bank, . . 5,000 00 

1200 " Mechanics' National Bank, . . 30,000 00 

250 " Mercantile National Bank, . . 25,000 00 

350 " Merchants' National Bank, . . 17,500 00 

200 " Metropolitan National Bank, . 9,000 00 

100 " Nassau Bank, .... 5,000 00 

382 " Phenix National Bank, . . . 7,640 00 

180 " St. Nicholas Bank, . . . 18,000 00 

200 " Central Trust Company, . . 20,000 00 

1600 " New York and Harlem Railroad, . 80,000 00 

Atlantic and Gulf Railroad bonds, . . . 41,000 00 

California Southern Railroad bonds, . . 50,000 00 

Cedar Rapids, la. Falls & N. W. R'y bonds, . 50,000 00 

Central Railroad and B'k'g Co. of Ga. bonds, . 100,000 00 

Chicago, Rock Island and Pacific R. R. bonds, 100,000 00 

Chicago, Mil. and St. Paul R'way Co. bonds, . 50,000 00 

Chicago and N. West'n Railway Co. bonds, . 50,000 00 

Chicago, St. Paul, Minn. & Omaha R'y bonds, . 100,000 00 

Columbia and Greenville Railroad bonds, . 50,000 00 

Elmira, Cortland and Northern R. R. bonds, . 50,000 00 

Erie Railway Comjmny bonds, .... 50,000 00 

Gr'd Rapids, Lansing and Detroit R. R. bonds, 50,000 00 

Ind., Bloom. & Wis. Railway bonds, . . 135,000 00 

Mil., L. S. and Western Railway Co. bonds, . 50,000 00 

Morris and Essex Railroad bonds, . . . 50,000 00 

N. Y. Cent, and Hudson River R'way bonds, . 50,000 00 

X. Y., Lackawanna and West'n R'way bonds, . 50,000 00 

New York, Lake Erie and Western R. R. bonds, 50,000 00 

Raleigh and Augusta Air Line R. R. bonds, . 50,000 00 

Richmond and Danville Railroad bonds, . 50,000 00 

St. Paul, Minn, and Manitoba Railway bonds, . 100,000 00 

Alabama State bonds, 10,000 00 

Georgia State bonds, 107,000 00 

South Carolina State bonds, .... 12,000 00 

United States bonds, 1,010,000 00 



Market value. 

|35,000 00 
12,075 00 
11,250 00 

54,000 00 

41,250 00 

24,500 00 

2,000 00 

7,500 00 

9,932 00 

20,700 00 

118,000 00 

184,000 00 
46,740 00 
52,000 00 
46,000 00 

107,000 00 

104,000 00 
59,000 00 
59,000 00 

120,000 00 
50,000 00 
55,000 00 
67,500 00 
48,500 00 

152,550 00 
59,000 00 
70,000 00 
55,000 00 
62,500 00 
52,500 00 
55,000 00 
57,000 00 

117,000 00 
10,300 00 

112,350 00 

12,480 00 

1,286,810 00 



$2,714,040 00 $3,437,437 00 



190 FIRE, MARINE, AXD FIRE-MARIXE [Dec. 31, 



Securities held as collateral for cash loans : — 

10 shares Chicago and No. Western R. R„ 
100 " Central Trust Company, 
100 " Brooklyn Trust Co., 
300 " Western Union Telegraph Co., 
650 " Missouri Pacific Railway, 
Grand Rapids, Lans. & Detroit R. R. bond9, . 



Market value. Loaned thereon. 



$1,080 00 
59,000 00 
30,000 00 
25,200 00 
48,100 00 
48,500 00. 



$700 00 
40,000 00 

100,000 00 



?211,880 00 $140,700 00 



Summary of Assets Dec. 

Cash value of unencumbered real estate, . 
Loans on mortgage of real estate (first liens f), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
(ash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Xotes taken for marine and inland risk-. 
Rents due and accrued, .... 
Prem's more than 3 months due, § 132,050 00 

Gross assets, % 

Deduct special deposits in other States, . 



Balance, 



31, 1888.* 

$090,500 00 

167,060 00 

3,849 25 

3,437,437 00 

140,700 00 

21,456 12 

256,716 49 

27,754 46 

146,450 04 

128,688 45 

7,732 88 



$5,028,344 69 
26,250 00 

§5,002,094 69 



Liabilities. 

Losses claimed and reported, . 
Losses disputed or resisted, 

Total amount of losses, 

Less re-insurance, .... 

Xet amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Unpaid scrip ordered to be redeemed, 
Interest due or accrued on scrip, 



$179,480 12 
44,256 00 

$223,736 12 
18,972 88 

$204,763 24 

2,538,115 29 

33,493 00 

6,267 90 



* The company holds, also, instalment premium notes to the amount of $1,324,766.97, which 
do not enter into nor form any part of the assets of the company, as no portion of them is earned. 
Whatever value is attached to them would necessarily be counterbalanced by the addition of an 
exactly equal amount to the re-insurance liability, the entire sum consisting of " unearned pre- 
miums." 

t Value of lands mortgaged $±24,900 

Value of buildings thereon, 246,950 

Amount of insurance held as collateral, 

X Including $600,000 special reserve fund, held under New York law. 



1888.] 



INS. COS. OF OTHER STATES. 



191 



Dividends to stockholders unpaid, . 

Commissions and brokerage, . 

Gross liabilities, except capital and scrip, 



$749 50 
54,495 00 



§2,837,883 93 



Surplus as regards policy holders, 

Paid-up capital, $1,000,000 00 

Scrip outstanding, not ordered to be redeemed, G42 00 



. $2,164,210 70 



Surplus over capital, 



1,000,642 00 



. $1,163,568 76 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Same not collected, .... 

Xet collected, 

Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Xet cash fire premiums received, 



$467,881 25 
28,956 50 

$438,924 75 
2,461,534 26 

^2,900,459 01 
407,188 49 



$2,493,270 52 
255,044 77 



1,238,225 75 



Marine premiums outstanding Dec. 31, 1887, . $63,298 02 
Same not collected, 56,232 61 

Net collected, $7,065 41 

Less re-insurance and return premiums, . . 145 73 

Net cash marine premiums received, . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 
Income from rents, 



. Gross cash income, 



6,919 68 

8,943 74 

180,450 50 

39,399 38 

. $2,473,939 05 



Expenditures. 
Cash paid for fire losses, $1,305,261 74 



Deduct salvage and re-insurance, 
Xet cash paid for fire losses, 

(ash paid for marine and inland losses, . 
Deduct sal vage and re-insurance, 
Net cash paid for marine and inland los 
( ash dividends paid, .... 

Cash paid for redemption of scrip, . 
Interest paid scrip-holders, 



65,953 09 



$10,810 50 
4,421 74 



$1,239,308 65 



6,388 76 

124,620 60 

8,909 00 

34 62 



192 FIRE, MARINE, AND FIRE-MARIXE [Dec. 31, 



Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 



$427,351 56 

278,861 11 

50,334 97 

174,513 32 

12,305,322 59 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Risks and Premiums. 

Premiums. 

$541,788,839 00 $5,077,919 5G 
276,025,151 00 2,461,534 



Total, 

Deduct risks expired and terminated. 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force. 



§818,413,990 00 $7,539,453 82 
273,527,892 00 2,408,363 79 



6544,886,098 00 $5,131,090 03 
10,470,208 00 54,859 44 



$534,415,890 00 $5,076,230 59 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year, .... 
Company's stock owned by directors, .... 



$42,631,576 00 

23,692,092 00 

1,155,580 00 

4,470,247 00 

124,500 00 

165,900 00 



"DELAWARE MUTUAL SAFETY INSURANCE COMPANY." 

PHILADELPHIA, PA. 

[Incorporated April 10, 1835. Commenced business Aug. 6, 1835.] 

Paid-up Capital, $360,000. 

Thomas C. Hand, President. Henry Lylburn, Secretary. 



Detailed Statement of Stocks 



State of New Jersey bonds, 

( "ity of Philadelphia bonds, 

( ity of Boston bonds, 

City of St. Louis bonds, . 

City of Cincinnati bonds, . 

City of Newark bonds, 

( ity of Columbus, O., bonds, 

( ity of Camden bonds, 

( ity of Springfield, 111., bonds 

State of Tennessee bonds, 

Philadelphia, Wil. and Bait. R 



R. certificates, 



and Bonds. 

Par value. 

$195,000 00 
85,000 00 
100,000 00 
100,000 00 
50,000 00 
75,000 00 
25,000 00 
30,000 00 
25,000 00 
36,500 00 
30,000 00 



Market value. 

6235,950 00 

112,625 00 

114,500 00 

112,000 00 

54,000 00 

>.375 "'ii 

27,250 oo 

31,05u 

26.375 00 

26,280 00 

30,300 00 



1888.] 



INS. COS. OF OTHER 



500 shares Pennsylvania Railroad, . 
American Steamship Company bonds, 
Philadelphia and Reading Railroad bonds, 
Scrip of Boylston Insurance Company, . 
Scrip of Commercial Insurance Company, 
Scrip of China Insurance Company, 
Scrip of New York Insurance Company, 
Scrip of State of Tennessee, . 



Securities held as collateral for cash loans : — 

Milwaukee, L. S. and W. Railroad bonds, 
N. Y. Cent, and Hudson Riv. Railroad bonds, . 
Keokuk and Des Moines Railroad bonds, 
St. Louis and Iron Mountain Railroad bonds, . 
Cumberland and Pennsylvania Railroad bonds, 
Missouri, Kansas and Texas Railroad bonds, . 
Terre Haute and Logansport Railroad bonds, . 
1056 shares Lehigh Valley Railroad, 



STATES. 


193 


Par value. 


Market value. 


$25,000 00 


$26,875 00 


40,000 00 


43,200 00 


100,000 00 


100,250 00 


150 00 ^ 
320 00 | 






940 00 } 
20 00 I 


1,170 00 




196 00 J 





$918,126 00 $1,020,200 00 



Market value. Loaned thereon. 

$2,420 00 >| 

2,720 00 I 

3,105 00 I 

1,090 00 \ $25,000 00 

5,050 00 
10,255 00 

5,050 00. 
57,816 00 50,000 00 



$87,506 00 $75,000 00 



Summary of Assets Dec, 

Cash value of unencumbered real estate, . 
Loans on mortgage of real estate (first liens*), 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 
Claims due the company, .... 
Rents due and accrued, .... 
Gross assets, 



31, 1888. 

$140,000 00 

109,297 69 

1,020,200 00 

75,000 00 

2,213 86 

23,611 11 

21 88 

51,292 84 

36,712 34 

45,654 99 

525 00 



$1,504,529 71 



Liabilities. 



Losses adjusted, unpaid, . 
Losses claimed and reported, . 

Total amount of losses, . 
Less re-insurance, 

Net amount of unpaid losses, . 



$14,709 00 
48,687 00 

$63,396 00 
13,699 00 

$49,697 00 



* Value of landa mortgaged, $113,500 00 

Value of buildings thereon, 133,500 00 

Amount of insurance held as collateral 78,500 00 



194 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, . 
Unpaid scrip ordered to be redeemed, 
Interest and dividends unpaid, 
Gross liabilities, except capital and scrip, 

Surplus as regards policy holders, . 

Paid-up capital, 

Scrip outstanding, not ordered to be redeemed, 

Surplus over capital and scrip, . 



$104,681 39 

74,448 41 

1,735 00 

25,129 45 



- $255,691 25 
. $1,248,838 46 



$360,000 00 
737,865 00 



1,097,865 00 
$150,973 46 



Income 

Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash fire premiums received, 



Marine premiums outstanding Dec. 31, 1887, 
Same not collected, .... 

Net collected, 

Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Xet cash marine premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Licome from rents, .... 

Deposits received for perpetual fire risks, 



Gross cash income, 



$1,464 31 
134,039 05 

§135,503 36 
3,808 43 

§ 131,694 93 
9,371 17 



$131,079 53 
23,257 91 

$107,821 62 
306,872 37 

$414,693 99 
88,005 18 

§326,688 81 
34,787 80 



sources, . 

. $587 29 



$122,323 76 



291,901 01 

3,194 17 

54,506 94 

2,400 00 

8474,325 88 



Expenditures. 

Cash paid for fire losses^ §58,100 75 

Deduct salvage and re-insurance, . . . 1,174 92 

Xet cash paid for fire losses, .... $56,925 83 

Cash paid for marine and inland losses, . . $212,805 27 

Deduct salvage and re-insurance, . . . 29,312 37 

Net cash paid for marine and inland losses, . 183,492 90 



1888.] 



INS. COS. OF OTHER STATES. 



195 



Cash dividends paid, 

Cash paid for redemption of scrip, . 

Interest paid scrip-holders, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, 

Deposits returned on perpetual fire risks, 

Gross cash expenditures, . . 

Risks and Premiums. 



$1,503 56 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 



.$16,645,578 00 
. . 15,283,499 00 



. §31,929,077 00 
. 14,783,135 00 

. §17,145,942 00 



Perpetual risks in force (not included above), . $3,041,137 00 



Marine risks outstanding Dec. 31, 1887, . 
Marine risks written during 1888, . 



. $16,836,288 00 
. 41,746,906 00 



Total, $58,583,194 00 

Deduct risks expired and terminated, . . 44,736,576 00 



In force at end of year, .... $13,846,618 00 

Miscellaneous. 

Fire losses incurred during the year, 

Marine and inland losses incurred during the year, 
Dividends declared during the year (8 per cent.), . 
Company's stock owned by directors, 



$28,800 00 
2,270 00 
41,373 30 
54,458 33 
33,728 90 
14,015 61 
6,868 32 

$421,933 19 

Premiums. 

$151,280 79 
134,039 05 

$285,319 84 
131,095 39 

$154,224 45 

$78,366 75 

$42,287 12 
306,872 37 

$349,159 49 
323,378 43 

$25,781 06 

$38,900 00 

159,222 00 

28,800 00 

50,225 00 



"THE DETROIT FIRE AND MARINE INSURANCE COMPANY," 

DETROIT, MICH. 

[Incorporated Feb. 1, 1866. Commenced business March 14, 1866.] 
Paid-up Capital, $350,000. 

Wm. A. Butler, President. James J. Clark, Secretary. 



Detailed Statement of Stocks and Bonds. 



United States bonds, 
Detroit city bonds, . 
Ausable Village, Mich., bonds, . 
Constantine Village, Mich., bonds, 
City of Saginaw, Mich., bonds, 



Par value. 

$30,000 00 

1,500 00 

11,000 00 

3,500 00 

1,000 00 



Market value. 

$32,400 00 

1,500 00 

11,000 00 

3,500 00 

1,000 00 



$47,000 00 $49,400 00 



196 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 

Securities held as collateral for cash loans : — 

.Market value. Loaned thereon. 

Assigned mortgages, $3,600 00 $2,800 0< > 



Summary of Assets Dec. 31, 1888. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross) , 
Notes taken for marine and inland risks, . 

Miscellaneous, 

Premiums more than 3 months due, . $5,712 91 
Gross assets, 



$69,757 57 

716,312 78 

18,166 76 

49,400 00 

2,800 00 

:),171 95 

39,353 51 

458 76 

23,856 29 

3,427 17 

224 43 



$926,929 22 



Liabilities. 
Losses claimed and reported, . 
Losses disputed or resisted, 
Unearned premiums on outstanding risks, 
State and local taxes, .... 
Commissions and brokerage, . 
Return premiums, etc., .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, . 



"512,275 31 

900 00 

127,452 90 

61 76 

3,388 73 

1,441 99 



145,520 69 

8781,408 53 
350,000 00 

$431,40 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash fire premiums received, 



§25,831 10 
1,954 29 

$23,876 81 
209,392 88 

$233,269 69 
27,541 32 

$205,728 37 
29,278 12 



6176,450 25 



* Value of lands mortgaged $905,340 

Value of buildings thereon, 823,360 

Amount of insurance held as collateral, 453,460 



1888.] 



INS. COS. OF OTHER STATES. 



197 



Marine premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less re-insurance and return premiums, 
Net cash marine premiums received, 
Interest received on mortgages, 
Interest and dividends received from all 
Income from rents, .... 



Gross cash income, 



$5,610 25 
63,689 07 

$69,299 32 
3,500 76 

$65,798 56 
8,150 18 



other sources, . 



$57,645 38 

42,620 01 

7,649 25 

1,445 36 

$285,810 25 



Expenditures. 
Cash paid for fire losses, 

for marine and inland losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 

Profit and loss, 



Gross cash expenditures, 



$92,963 20 
28,664 35 
35,000 00 
26,060 18 
16,792 47 
10,465 41 
14,166 19 
1,523 66 

$225,635 46 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . . 

Marine risks outstanding Dec. 31, 1887, 
Marine risks written during 1888, . 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 



. $20,166,109 00 
. 18,021,724 00 



,187,833 00 
17,570,160 00 



Premiums. 

$243,427 67 
209,392 88 

$452,820 55 
206,189 78 



. $20,617,673 00 $246,630 77 



. $137,764 00 

. 3,191,454 00 

. $3,329,218 00 

. 3,206,718 00 



$5,305 05 
63,689 07 



,994 12 
64,029 63 



$122,500 00 $4,964 49 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of compaivy, 
Fire losses incurred during the year, .... 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, .... 



$4,266,470 00 
2,271,293 00 
87,314 00 
16.222 00 
500,000 00 
35,000 00 
98,385 00 



198 FIRE, MARIXE, AND FIRE-MAR IXE [Dec. 31, 



"THE EMPIRE STATE INSURANCE COMPANY.. 
ROCHESTER, N. Y. 

[Incorporated March 20, 1888. Commenced business March 20, 1888.] 
Paid-cp Capital, $200,000. 

Henry Michaels, President. James Johnston, Secretary. 



Summary of Assets Dec. 31, 1888. 

Loans on mortgage of real estate (first liens *), £113,550 00 

Interest due or accrued thereon, . . . 884 bb 

Cash in the office of the company, . . . 9J083 28 

Cash deposited in bank, 115,861 98 

Premiums in course of collection (gross), . 11,083 39 

Gross assets, ■ 



$250,463 20 



Liabilities. 
Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Unearned premiums on outstanding risks. 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, 



$860 47 

7,180 00 

39,412 69 

1,939 61 



49,392 77 

$201,070 43 
200,000 00 

$1,070 r.) 



Income. 

Premiums received on risks written, . . $85,087 70 
Premiums now in course of collection, . . 11,08 

Entire premiums collected, .... $74,004 40 
Less re-insurance and return premiums, . . 8,467 17 

Net cash fire premiums received, . . . 

Interest received on mortp;ao;es, 

Interest and dividends received from all other sources. . 



Gross cash income, 



10,161 66 

•j 74 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



§102,775 00 
149,575 00 
109,400 00 



1888.] INS. COS. OF OTHER STATES. 

Expenditures. 



Cash paid for fire losses, 

for commissions and brokerage, 
for salaries of officers and employees? 
for State and local taxes, . 
for incidentals, . . . 



Gross cash expenditures, . 



Risks and Premiums. 
Fire risks written during 1888, . . . $6,999,291 00 



Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount re-insured, 

Net amount in force, . 



. 1,305,968 00 

. $5,693,323 00 
27,072 00 



199 



$13,767 07 

10,545 93 

3,638 86 

1,806 36 

9,680 26 

$39,438 48 

Premiums. 

$85,087 79 
12,082 76 

$73,005 03 
235 00 



. $5,666,251 00 $72,770 03 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Company's stock owned by directors, 



|76,621 00 

13,767 00 

21,807 00 

85,700 00 



"ENTERPRISE FIRE AND MARINE INSURANCE COMPANY OF 
THE CITY OF CINCINNATI," CINCINNATI, O. 

[Incorporated December, 1866. Commenced business December, 1866.] 

Paid-up Capital, $200,000. 

James W. McCord, President. John C. Sherlock, Secretary. 



Detailed Statement of Stocks and Bonds. 



United States bonds, 

Cincinnati city bonds, .... 
Cinn., Hamilton & Dayton R. R. bonds, . 
Cinn., Richmond & Chicago R. R. bonds, 



Securities held as collateral for cash loans : — 

25 shares Atchison, Topeka & Santa Fe R. R., 

Cinn., Hamilton & Ind. R. R. bonds, 

47 shares Home Insurance Company, N. Y., 

50 " Ohio Valley National Bank, . 

Mexican Central Railroad bonds, 

150 shares Mt. Adams & Eden Fk Railway, 



Par value. 

$52,000 00 

21,000 00 

12,000 00 

2,000 00 



Market value. 

$1,375 00 

4,400 00 

5,875 00 

6,650 00 

13,400 00 

7,575 00 



Market value. 

$61,107 50 

26,020 00 

1 1,320 00 

2,205 00 



17,000 00 $103,652 50 



Loaned thereon. 

|755 00 
3,500 00 

4.200 00 

5,000 00 

10,000 00 

5,000 00 



$39,275 00 $28,455 00 



200 



FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Summary of Assets Dec 
Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Gross assets, 



31, 1888. 
?80,000 00 
14,000 00 
44 7:, 
103,652 50 
28,455 
766 
6,970 38 
803 75 
9,770 74 
1,211 43 






Liabilities. 
Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Unearned jDremiums on outstanding risk.-, 
Commissions and brokerage, . 
Bills payable, .... 
Gross liabilities, except capital, 



Surplus as regards policy holders, 
Paid-up capital, 



Surplus over capital, . 



$1,00 

362 50 
40,083 32 

171 67 
3G 



41,654 24 



|204,091 24 

200,000 00 

14,021 24 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash fire premiums received, 



Marine premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Xet cash marine premiums received, 



$6,768 84 
80,163 28 

$86,932 12 
9,556 57 

$7737 

10,094 74 



S143 26 
1,499 80 

§1,643 06 

214 17 

81,428 89 
183 78 



?67,280 81 



1.245 11 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$56,000 00 
5,000 00 
3,000 00 



1888.] 



INS. COS. OF OTHER STATES. 



201 



Interest received on mortgages, 

Interest and dividends received from all other sources, . 
Income from rents, 



Gross cash income, 



$820 11 

6,556 04 

11,189 76 

$87,091 83 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

Cash paid for marine and inland losses, . 
Deduct salvage and re-insurance, 
Net cash paid for marine and inland losses, . 
Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 

for ground rent, ... 

Gross cash expenditures, .... 



$42,799 72 
2,108 62 



^5,209 72 
1,262 18 



|40,691 10 



3,947 54 

11,560 58 

8,077 21 

3,949 87 

7,733 13 

7,000 00 



2,959 43 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 

Total, 

Deduct risks expired and terminated, 



In force at end of year, . 
Deduct amount re-insured, 

Net amount in force, . 

Marine risks written during 1888, 
Expired and terminated, . 



$4,837,779 00 
5,809,923 00 

$10,647,702 00 
5,235,136 00 

$5,412,566 00 
115,083 00 



$256,693 00 
256,693 00 



Premiums. 

$66,013 60 
80,163 28. 

?146,176 88 
65,341 58 

$80,835 30 
1.594 42 



$5,297,483 00 $79,240 88 



$1,499 80 
1,499 80 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, 
Fire losses incurred during the year, .... 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Company's stock owned by directors, .... 



$4,481,417 00 

2,936,703 00 

34,075 00 

3,948 00 

316,000 00 

79,700 00 



202 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



"EQUITABLE FIRE AND MARINE INSURANCE COMPANY/' 

PROVIDENCE, R. I. 

[Incorporated May, 1859. Commenced business Septerabfr, I860.] 

Paid-up Capital, $300,000. 

Fred W. Aknold, President. Jas. E. Tillixghast, Secretary. 



Detailed Statement of Stocks 



National Bank of Commerce, Prov 
American National Bank, Prov., 
Third National Bank, Providence, 
Fourth National Bank, Providence 
First National Bank, Warren, 
N. Y. Central and H. R. Railroad, 
Illinois Central Railroad, 
Lake Shore and M. S. Railroad, 
Chicago, R. I. and P. Railroad, 
Michigan Central Railroad, . 
R. I. and Massachusetts Railroad, 

Union Pacific Railroad bonds, . 

New York Elevated Railroad bonds. 

Pawtuxet Valley Railroad bonds, 

Quincy, A. and St. L. Railroad bonds, 

National Water Works bonds, . 



Securities held as collateral for cash loans : — 
20 shares Mechanics 1 National Bank, 



and Bond-. 

Par value. 

$50,000 00 
17,000 00 
10,000 00 
3,000 00 
10,000 00 
10,000 00 
20,000 00 
20,000 00 
10,000 00 
10,000 00 
5,000 00 
5,000 00 
25,000 00 
25,000 00 
22,000 00 
10,000 00 
10,000 00 



Market value. 

807,500 00 

18,300 00 

9,500 00 

3,690 00 

12,100 00 

10,000 00 

21,800 00 

22,900 00 

10,400 00 

9,800 00 

4,400 00 

5,000 00 

27,875 00 

28,875 00 

27,600 00 

10,000 00 

10,000 00 



1262,000 00 $289,800 00 



Market value. Loaned thereon. 

$1,380 00 $900 00 



Summary of Assets Dec. 31, 1888. 

Cash value of unencumbered real estate, . § 129,900 00 

Loans on mortgage of real estate (first liens *), 98,700 00 

Interest due or accrued thereon, . . . 1,156 00 

Stocks and bonds, as per schedule, . . . 289,800 00 

Loans on collateral security, as per schedule, . 900 00 

Cash in the office of the company, . . . 2,676 00 

( ash deposited in bank, 16,886 08 

Premiums in course of collection (gross), . 29,840 47 

Rents due and accrued, 1,572 00 

Premiums more than 3 months due, . §426 51 

Gross assets,f 



1,430 55 



* Value of lands mortgaged $180,200 00 

Value of buildings thereon, 120,000 00 

Amount of insurance held as collateral, 75,090 00 

| Including $35,000 special reserve fund, held under Rhode Island law. 



1888.] 



INS. COS. OF OTHER STATES. 



203 



Liabilities. 

Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Unearned premiums on outstanding risks 
Dividends to stockholders unpaid, . 
Due and accrued for rent, salaries, etc., 
State and local taxes, 
Commissions and brokerage, . 
Return premiums, .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, .... 

Surplus over capital, 



Income 

Fire premiums outstanding Dec. 31, 1887 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash fire premiums received, 



Marine premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, 

Total, . . . ... 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash marine premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, .... 

Gross cash income, . 



$2,982 29 

17,716 71 

142,229 37 

160 80 

500 00 

1,250 00 

3,087 70 

450 00 



$24,154 28 
255,461 23 

$279,615 51 
28,676 73 

$250,938 78 
28,691 97 



$737 94 
11,143 29 

$11,881 23 
1,163 74 



,717 49 
4,138 93 



sources, 



$168,376 87 

$403,053 68 
300,000 00 

$103,053 68 



522,246 81 



6,578 56 
5,776 47 

14,537 07 
8,268 50 

$257,407 41 



Expenditures. 

Cash paid for fire losses, .... 
Deduct salvage and re-insurance, 
Net cash paid for fire losses, . 

Cash paid for marine and inland losses, . 

Deduct salvage and re-insurance, 

Net cash paid for marine and inland losses, 



$141,847 98 




3,104 06 






$138,743 92 


$3,678 60 




134 02 






:\ .">-U n8 



204 FIRE, MARINE, AND FIRE-MARIXE [Doc. 31, 



Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 
for State and local taxes, 
for expenses on real estate, 

Gross cash expenditures, . 



$21,242 00 

41,544 04 

34,482 19 

8,139 50 

3,782 91 

$251,479 14 



Risks and Premiums. 

Premiums. 

Fire risks outstanding Dec. 31, 1887, . . $21,197,018 00 §250,960 74 
Fire risks written during 1888, . . . 23,219,432 00 255,461 23 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



$44,416,450 00 $506,421 97 
20,218,830 00 228,124 96 



§24,197,620 00 $278,297 01 
454,643 00 4,513 06 



. §23,742,977 00 §273,783 95 



Marine risks outstanding Dec. 31, 1887, 
Marine risks written during 1888, . 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



$79,287 00 
2,060,150 00 

$2,139,437 00 
1,962,960 00 

§176,477 00 
112,048 00 

§64,429 00 



$618 45 
11,143 29 

fll,761 74 
10,122 99 

§1,638 75 
1,068 51 

§570 24 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Marine and inland losses incurred during the year. 
Cash dividends declared from organization of company, 
Dividends declared during the year (7 per cent.), . 
Company's stock owned by directors, . 



§3,385,261 00 

2,273,448 00 

145,805 00 

1,645 00 

449,000 00 

21,000 00 

78,940 00 



1888.] 



INS. COS. OF OTHER STATES. 



205 



"EXCHANGE FIRE INSURANCE COMPANY; 1 NEW YORK, N. Y. 

[Incorporated April 9, 1853. Commenced business May, 1853.] 
Paid-up Capital, $200,010. 

Richard C. Combes, President. Geo. W. Montgomery, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par value. 

$ 100,000 00 
50,000 00 
20,000 00 
20,000 00 



New York county bonds, 

United States bonds, 

New York, Lackawanna & Westfn R. R. stock, 
Standard Gas Light Company stock, 



Market value. 

$105,500 00 

56,350 00 

. 21,600 00 

20,000 00 



§190,000 00 $203,450 00 



Securities held as collateral for cash loans : — 

Shore Line Railway, Conn., stock, . 
Lackawanna Iron & Coal Co., Penn., stock, 
New York, Lacka. & Western R. R. bonds, 
Chicago, St. Paul & Minneapolis R. R. bonds, 
St. Louis & Iron Mountain R. R. bonds, . 
Jersey City bonds, . . . . v 
New York, Lacka. & Western R. R. bonds, 
Grand Rapids Hydraulic bonds, 
Licking Valley Railroad bonds, 
Standard Gas Light Company stock, 
Continental National Bank stock, . 
Niagara Fire Insurance Company stock, . 
Sterling Fire Insurance Company stock, . 
American Steam Boiler Company stock, . 
Citizens 1 Insurance Company stock, 
North River Insurance Company stock, . 
Long Island Insurance Company stock, . 
Home Insurance Company stock, 
Orient Insurance Company, Hartford, stock, 
Berkley Lyceum bond, .... 
Ger. Amer. Real Es. & Title Guar. Co. stock, 
New Jersey Dry Dock & Trans. Co. stock, 



Market value. 

$17,000 00 ) 

7,200 00 S 
3,975 00^ 
1,200 00 S 
2,160 00 ) 
2,200 00 
2,140 00 
1,000 00 
1,000 00 

15,000 00 
6,100 00 
1,375 00 
8,640 00 

42,000 00 
2,320 00^1 



Loaned thereon. 

$15,000 00 

6,250 00 

1,800 00 

1,800 00 

600 00 

650 00 

13,500 00 

3,000 00 

1,000 00 

7,275 00 

29,500 00 



1,540 00 



1,571 00 , 

1,360 00 J 

500 00 ) 

550 00 S 

18,400 00 

1,875 00 



} 5,000 00 



900 00 

13,600 00 
1,100 00 



$139,106 00 $100,975 00 



Summary of Assets Dec. 31, 1888. 
Loans on mortgage of real estate (first liens *), $66,450 00 
Interest due or accrued thereon, . . . 2,984 69 

Stocks and bonds, as per schedule, . . . 203,450 00 



* Value of lands mortgaged, 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



$120,500 
70,000 
48,400 



206 



FIRE, MARINE, AND FIRE-MARIXE [Dec. 31, 



Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 
Gross assets, 



§100,975 00 

358 79 

33,115 28 

900 00 

57,535 G3 

11,379 56 



$480,148 95 



Liabilities. 

Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Dividends to stockholders unpaid, 
Commissions and brokerage, . 
Return premiums, 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, 

Surplus over capital, . 



$35,000 00 

149,159 91 

845 00 

7,036 58 

3,061 19 



195,102 68 

$285,046 27 
200,010 00 

?85,036 27 



• Income. 
Fire premiums outstanding Dec. 31, 1887, 
Same not collected, 



Net collected, 

Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash fire premiums received, 



Marine premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash marine premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other sources, 



$32,423 08 
3,104 20 

$29,318 88 
356,278 52 



385,597 40 
46,289 96 

§339,307 44 
51,424 71 



$4,664 53 
100,805 44 

$105,469 97 
11,246 47 

§ 94,223 50 
2,801 08 



£287,882 73 



91.422 42 

3,549 06 

11.473 70 



Gross cash income, $394,327 91 



1888.] 



INS. COS. OF OTHER STATES. 



207 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 
Net cash paid for fire losses, . 



$257,268 71 
11,170 20 



$246,098 51 



Cash paid for marine and inland losses, . 

Deduct salvage and re-insurance, 

Net cash paid for marine and inland losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, 



$64,639 49 
3,264 79 



Gross cash expenditures, . 



61,374 70 
14,000 70 
73,303 20 
22,337 35 
4,091 96 
12,871 06 

$434,077 48 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Risks and Premiums. 

Premiums. 

. $49,903,070 00 $335,208 19 
. 25,321,686 00 356,278 52 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 

Marine risks outstanding Dec. 31, 1887, 
Marine risks written during 1888, . 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 



.$75,224,756 00 $691,486 71 
. 42,019,935 00 463,488 46 



. $33,204,821 00 $227,998 25 
696,885 00 4,609 91 



.$32,507,936 00 $223,388 34 

. $236,015 00 $11,376 23 
. 10,097,397 00 100,805 44 



,333,412 00 $112,181 67 
9,788,123 00 81,167 60 



$545,289 00 $31,014 07 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during* the year, .... 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (7 per cent.), . 
Company's stock owned toy directors, .... 



$4,508,574 00 

2,762,035 00 

226,986 00 

55,375 00 

103,626 00 

14,001 00 

104,760 00 



208 



FIRE, MARINE, AND FIRE-MARINE [Deo. 81, 



"FARRAGUT FIRE INSURANCE COMPANY," NEW YORK, N. V. 

[Incorporated Jan. 29, 1872. Commenced business Jan. 30, 1872.] 

Paid-up Capital, $200,000. 

J. E. Leffingttell, President. Samuel Dakbke, Secretary. 



Detailed Statement op Stocks 



United States bonds, 

District of Columbia bonds, 

N. Y., Ontario and Western Railroad bonds, 

N. Y., Chicago and St. Louis Railroad bonds, 

New Jersey Central Railroad bonds, 

Fourth National Bank stock, . 

New York Produce Exchange Bank stock, 

L. I. Loan and Trust Company stock, 

Brooklyn Gas Light Company stock, 

People's Gas Light Company stock, 

Citizens' Gas Light Company stock, 



Securities held as collateral for cash loans : 

Central National Bank stock, . 
Corn Exchange National Bank stock, 
American Bell Telephone Company stock, 



and Bond-. 

Par value. 

|60,000 00 

59,500 00 

50,000 00 

15,000 00 

15,000 00 

10,000 00 

5,200 00 

25,000 00 

11,250 00 

5,000 00 

4,000 00 



Market value. 

$76,500 00 
73,631 25 

56,000 00 

13,781 25 

15,956 25 

14,300 00 

5,876 00 

40,000 00 

11,475 00 

3,650 00 

2,080 00 



$259,950 00 $313,249 75 



Market value. Loaned thereon. 



$3,325 00 
2,250 00 
2,020 00 



$2,500 00 

1,000 00 

400 00 



595 00 $3,900 00 



Summary of Assets Dec, 

Cash value of unencumbered real estate, . 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 

Office property, §4,000 00 

Premiums more than 3 months due, 138 75 
Gross assets, 



31, 1888. 

§6,000 00 

22,000 00 

322 50 

313,249 75 

3,900 00 

672 46 

28,710 21 

58 50 

21,549 08 

72 00 



$396,534 50 



* Value of lands mortgaged $29,000 00 

Value of buildings thereon, . 14,000 00 

Amount of insurance held as collateral, 12,800 00 



1888.] INS. COS. OF OTHER STATES. 

Liabilities. 



209 



Losses claimed and reported, . 
Less re-insurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards polic} 1- holders, . 
Paid-up capital, .... 



$12,128 03 
1,083 33 

$11,044 70 

106,552 11 

2,108 33 

1,778 19 



$121,483 33 

$275,051 17 
200,000 00 



Surplus over capital, $75,051 17 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Same not collected, 

Net collected 

Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, .... 



Gross cash income, 



$19,894 30 
580 84 

$19,313 46 
166,700 43 

$186,013 89 
21,687 83 

$164,326 06 
10,842 73 



sources, 



$153,483 33 

1,213 00 

13,123 79 

480 00 

$168,300 12 



Expenditures. 



Cash paid for fire losses, 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, .... 

Real estate expenses, etc., .... 



$101,867 09 
20,000 00 
26,725 23 
23,458 33 
3,063 64 
17,076 02 
232 34 



Gross cash expenditures, . 



$192,422 65 



210 



FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Risks and Premiums. 

Premiums. 

.$27,988,283 00 £216,989 82 
. 20,916,556 00 166,700 43 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, 



$48,904,839 00 $383,690 25 
21,359,113 00 169,498 15 



.$27,545,726 00 $214,192 io 
. 1,576,256 00 11,402 43 



. $25,969,470 00 $202,789 67 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, .... 



$2,534,822 00 

1,135,357 00 

97,750 00 

394,000 00 

20,000 
55,700 



"THE FIDELITY FIRE AND MARINE INSURANCE COMPANY 
OF CINCINNATI," CINCINNATI, O. 

[Incorporated November, 1883. Commenced business Jan. 1, 1884.] 

Paid-cp Capital, $200,000. 

E. V. Brookfield, President. Henry Emerson, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par value. Market value. 

United States bonds, $122,950 00 $157,970 75 

Cincinnati city bonds, 2,000 00 2,290 00 

National Lafayette Bank, Cincinnati, stock, . 10,000 00 28,500 00 

First National Bank, Cincinnati, stock, . . 2,400 00 6,564 00 

First National Bank, Hamilton, stock, . . 1,000 00 1,900 00 

Second National Bank, Hamilton, stock, . . 1,500 00 2,700 00 

City and Suburban Tel. Asso., Cincin., stock, . 5,000 00 6,250 00 

Cincinnati Gas Light and Coke Co. stock, . 2,500 00 4,825 00 



§147,350 00 $210,999 7£ 



Summary of Assets Dec. 31, 1888. 

Stocks and bonds, as per schedule, . . . $210,999 75 

Cash in the office of the company, . • . 1,462 57 

Cash deposited in bank, 24,698 01 

Interest due and accrued 508 61 

Premiums in course of collection (gross), . 7,026 75 
Premiums more than 3 months due, §70 85 

Gross assets, 



$244,695 65> 



1888.] 



INS. COS. OF OTHER STATES. 



211 



Liabilities. 
Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, 



$2,568 35 

3,325 00 

36,584 91 

114 14 



$42,592 40 

$202,103 29 

200,000 00 

$2,103 29 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Same not collected, .... 

Net collected, 

Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash fire premiums received, 

Interest and dividends received from all sources, 



$5,610 79 
33 63 

$5,577 16 
70,090 30 

$75,667 46 
7,097 60 

$68,569 86 
21,123 00 



$47,446 86 
8,419 62 



Gross cash income, $55,866 4& 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 



$62,417 44 
14,136 15 



Gross cash expenditures, 



$48,281 29 
7,791 77 
3,378 00 
1,071 08 
1,848 27 

$62,370 41 



Risks and Premiums. 

Premiums. 

Fire risks outstanding Dec. 31, 1887, . . $5,684,198 00 $62,432 34 
Fire risks written during 1888, . . . 6,450,463 00 70,090 30 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



$12,134,661 00 $132,522 64 
5,887,146 00 59,609 29 



1,247,515 00 $72,913 35 
9,500 00 176 33 



. $6,238,015 00 $72,737 02 



212 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 

Miscellaneous. 

Premiums received from organization of company, . . $192,064: 00 

Losses paid from organization of company, .... 107,971 00 

Fire losses incurred during the year, 47,168 00 

Cash dividends declared from organization of company, . 26,000 00 

Company's stock owned by directors, 77,500 00 



"FIRE ASSOCIATION OF NEW YORK,' 1 NEW YORK. N. V. 

[Incorporated June 30, 1886. Commenced business June 30, 1886.] 
Paid-up Capital, $300,000. 

P. B. Armstrong, President. J. C. Hatie, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par value. Market value. 

United States bonds, $129,000 00 $161,527 50 

District of Columbia bonds, .... 115,000 00 142,025 00 

New York City bonds, 4,000 00 5,020 00 

Western Union Telegraph bonds, . . . 20,000 00 23,250 00 

New York Elevated Railroad bonds, . . 2,000 00 2,235 00 

Importers and Traders 1 National Bank stock, .. 5,000 00 27,500 00 

Chicago, R. I. and Pacific Railroad bonds, . 30,000 00 31,387 50 

Union Elevated Railroad bonds, . . . 25,000 00 26,312 50 



Securities held as collateral for cash loans 
Mutual Fire Insurance Company stock, . 



$330,000 00 $419,257 50 



Market value. Loaned thereon. 

$38,765 00 $25,000 00 



Summary of Assets Dec 31, 1888. 



Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 

Salvage property, 

Gross assets, 



$419,257 50 

25,000 00 

55 53 

60,870 08 

666 66 

34,519 12 

3,500 00 



$543,868 89 



Liabilities. 

Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Due and accrued for salaries, etc., 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, 



Surplus over capital, 



$25,040 00 

140,237 04 

2,580 17 



167,857 21 

$376,011 68 
300,000 00 

$76,011 68 



1888.] 



INS. COS. OF OTHER STATES. 



213 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, . 

Total, ...... 

Premiums now in course of collection, 

Entire premiums collected, 
Less re-insurance and return premiums, 
Net cash fire premiums received, 
Interest and dividends received from all sources, 
Received for increased capital, 
Gross cash income, 



$ 17,164: 90 
357,881 43 

$375,046 33 
31,519 12 

$340,527 21 
81,326 94 



$100,000 00 



$259,200 27 
10,356 69 

$269,556 96 



Expenditures. 

Cash paid for fire losses, .... 
Deduct salvage and re-insurance, 
Net cash paid for fire losses, 
Cash dividends paid, 



$116,915 47 
3,500 00 



Cash paid for commissions and costs of inspections 
for salaries of officers and employees, 
for State and local taxes, 
for incidentals, .... 

Gross cash expenditures, .... 



$113,415 47 
18,000 00 
23,083 86 
14,165 96 
3,686 02 
18,468 70 

$190,820 01 



Risks and Premiums. 



Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



. $14,944,499 00 $167,187 90 
. 29,174,122 00 357,881 43 



.$44,118,621 00 $525,069 33 
. 21,724,864 00 237,702 24 



.$22,393,757 00 $287,367 09 
749,869 00 6,893 01 



.$21,643,888 00 $280,474 08 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (6 per cent.), . 
Company's stock owned by directors, .... 



$51)4,405 00 

320,278 00 

138,250 00 

18,000 00 

18,000 00 

126,100 00 



214 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



"FIRE ASSOCIATION OF PHILADELPHIA," PHILADELPHIA, PA. 

[Incorporated March 27, 1820. Commenced business Sept. 1, 1817.] 

Paid-dp Capital, $500,000. 

J. Lightfoot, President. W. S. WlNSHlP, Secretary. 



Detailed Statement of Stocks and Bonds. 



United States bonds, . 

Catawissa Railroad bonds, 

Camden city bonds, . 

Lehigh Valley Railroad bonds, 

Masonic Temple loan, 

Shamokin Val. and Pottsville Railroad bonds 

Philadelphia city bonds, .... 

Philadelphia and Erie Railroad bonds, . 

Belt Railroad and Stock Yards bonds, 

Philadelphia City Pass. Railroad bonds, . 

Louisville and Nashville Railroad bonds, 

Texas and Pacific Railroad bonds, . 

Cincinnati city bonds, .... 

Lehigh Valley Railroad bonds, 

Lehigh Coal and Nav. Company bonds, . 

Pennsylvania Railroad bonds, . 

Pennsylvania Company bonds, 

Pennsylvania and New York Canal bonds, 

Northern Central Railroad bonds, . 

Huntingdon and Broad Top Mt. R. R. bonds, 

Northern Pacific Railroad bonds, 

Peoria Mercantile Library Association bonds, 

Clay Centre city bonds, .... 

Mortgage Trust Company, Penn., bonds, 

Millville city bonds, 

Northern Pacific Railroad bonds, 

Georgia State bonds, .... 

Camden and Atlantic Railroad bonds, 

Chamber of Commerce Association bonds, 

Richmond city certificates, 

Car Trust of New York bonds, 

Phil a. and Reading Car Trust certificates, 

Chestnut Hill Railroad stock, . 

Phila., Germantown & Norristown R. R. stock, 

Pennsylvania Railroad stock, .... 

Fire Association stock, . . $128,000 00 



Par value. 

8235,000 00 
10,000 00 
6,000 00 
32,000 00 
20,000 00 
20,000 00 
372,900 00 
100,000 00 
50,000 00 
50,000 00 
99,000 00 
13,000 00 
125,000 00 
100,000 00 
100,000 00 
108,000 00 
62,000 00 
8,000 00 
168.000 00 
15,000 00 
25,000 00 
25,000 00 
3,000 00 
50,000 00 
6,000 00 
2-4,000 00 
25,000 00 
30,000 00 
14,000 00 
25,000 00 
20,000 00 
25,000 00 
3,500 00 
16,550 00 
126,500 00 



Market value. 

$293,887 50 

12,300 00 

6,300 00 

44,640 00 

20,800 00 

24,600 00 

481,041 00 

112,250 00 

57,500 00 

55,000 00 

108,900 00 

14,040 00 

162,500 00 

132,000 00 

128,000 00 

137,560 00 

65,100 00 

9,300 00 

201,600 00 

16,050 00 

28,750 00 

25,000 00 

3,000 00 

50,000 00 

6,480 00 

25,200 00 

26,875 00 

31,200 00 

14,000 00 

31,000 00 

18,000 00 

25,000 00 

8,505 00 

40,216 50 

135,987 50 



£2,1 12,450 00 §2.552.582 50 



1888.] 



INS. COS. OF OTHER STATES. 



215 



Securities held as collateral for cash loans : — 

Philadelphia city bonds, . 
Merchants 1 National Bank stock, 
Northern Pacific Railroad bonds, 
Pennsylvania Railroad stock, . 
People's Passenger Ry. Company stock, 
Lombard and South Streets Ry. Co. stock, 
Lombard and South Streets P. Ry. Co. stock, 
Lehigh Valley Railroad stock, . 
Pennsylvania Railroad stock, . . . 
Pennsylvania Railroad bonds, . 
Phila. and Reading Railroad bonds, . 
Loaned on company's own stock, $ 4,750 00 



Market value. Loaned thereon. 



$6,450 00 
28,800 00 ) 
9,450 00 $ 
26,875 00 n 
12,600 00 S 
18,000 00 ) 
18,000 00 "I 
5,475 00 I 
5,375 00 
1,315 00 
45,000 00 



$5,000 00 
30,000 00 

45,000 00 

25,000 00 
40,000 00 



$177,340 00 $145,000 00 



Summary of Assets Dec. 31, 1888. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 

(iross assets, 

Deduct special deposits in other States, . 



Balance, $4,383,308 56 



$47,700 00 

1,346,755 51 

26,324 78 

2,552,582 50 

145,000 00 

9,711 73 

113,451 05 

18,610 85 

191,373 64 

498 50 



$4,452,008 56 
68,700 00 



Liabilities. 

Losses adjusted, unpaid, . 

Losses claimed and reported, . 

Losses disputed or resisted, 

Unearned premiums on outstanding risks, 

Reclaimable on perpetual fire policies, 

Commissions and brokerage, . 

Return premiums and re-insurance, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, 



$61,193 11 
85,881 45 
42,010 86 
1,182,989 58 
1,817,747 92 
38,169 70 
18,060 16 

$3,246,052 78 
43,637 00 



3,202,415 78 

$1,180,892 78 
500,000 00 

$680,892 78 



* Value of lands mortgaged $2,160,589 00 

Value of buildings thereon 1,489,532 00 

Amount of insurance held as collateral, 972,910 00 



216 



FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less re-insurance and return premiums, 
Net cash fire premiums received, 
Interest received on mortgages, 
Interest and dividends received from all 
Income from rents, .... 
Income from all other sources, 
Deposits received for perpetual fire risks, 



$181,555 36 

1,867,904 85 

$2,049,460 21 

191,373 64 

fl,858,086 57 
251,19' 



other sources, . 



$1,600,896 02 

.063 03 

126,110 10 

2,608 35 

5,915 71 



$52,396 27 



Gross cash income, $1,824,593 21 



Expenditures. 

Cash paid for fire losses, $1,139,002 

Deduct salvage and re-insurance, . . . 19,782 

Net cash paid for fire losses, 

Cash dividends paid, 

Interest on borrowed money, . 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals. .... 

for repairs on real estate, 
Deposits returned on perpetual fire risks, 
Gross cash expenditures, . . 



30 
29 



$1.1 ID. 220 01 

200,000 00 

1,079 79 

337,038 48 

117,023 67 

56,024 99 

19,562 74 

1,095 80 



$42,720 09 



. $ 1,851,035 48 



Risks and Premil 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



MS. 



Premiums. 

$176,610,973 $2,179,893 77 

146,886,658 1,809,686 28 



. 1,497,631 $3,989,580 05 
136,448,615 1,674,101 45 



8187,049,016 $2,315,478 60 
2,535,400 37,570 02 



$184,513,616 $2,277,908 58 



Perpetual risks in force (not included above), f 81,840 ,868 § 1,957.947 oo 



1888.] 



INS. COS. OF OTHER STATES. 



217 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Cash dividends declared from organization of company 
Dividends declared during the year (40 per cent.), 
Company's stock owned by directors, 



$23,468,979 00 

13,302,801 00 

1,080,824 00 

3,579,762 00 

200,000 00 

54,400 00 



"THE FIRE INSURANCE COMPANY OF THE COUNTY OF 
PHILADELPHIA," PHILADELPHIA, PA. 

[Incorporated May 31, 1832. Commenced business April 19, 1833.] 
Paid-up Capital, $400,000. 

James N. Stone, President. Chas. R. Peck, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par value. Market value. 

Jersey City bonds, $9,000 00 $10,800 00 

Lehigh Valley Railroad bonds, . . . 18,000 00 23,900 00 

Delaware and Bound Brook Railroad bonds, . 24,000 00 32,160 00 

North Pennsylvania Railroad bonds, . . 12,000 00 14,460 00 

Catawissa Railroad bonds, .... 4,000 00 4,960 00 

Pennsylvania Company bonds, . . . 16,000 00 17,280 00 

Pennsylvania and N. Y. Canal and R. R. bonds, 10,000 00 12,480 00 

Elmira and Williamsport Railroad stock, . 550 00 495 00 

Huntingdon and B. T. R. R. and Coal Co. bonds, 13,000 00 14,762 00 

Pittsburgh, Cincinnati and St. Louis R R. bonds, 20,000 00 24,400 00 

American Steamship Company bonds, . . 4,500 00 4,905 00 

West Jersey Railroad bonds, .... 15,000 00 17,250 00 

New York Car Trust bonds, .... 5,000 00 5,000 00 

United New Jersey R. R. and Canal Co. bonds, 20,000 00 24,200 00 

Philadelphia and Erie Railroad bonds, . . 10,000 00 11,600 00 

Pennsylvania Railroad bonds, .... 17,000 00 21,900 00 

Junction Railroad bonds, 7,000 00 8,400 00 

Camden and Atlantic Railroad bonds, . . 4,000 00 4,480 00 

Belvidere Delaware Railroad bonds, . . 1,000 00 1,180 00 

Connecting Railway bonds, .... 3,000 00 3,570 00 

West Chester and Philadelphia R. R. bonds, . 2,000 00 2,210 00 

Bell's Gap Railroad bonds, .... 10,000 00 11,200 00 

Phila , Germant'n and Norristown R. R. stock, 13,200 00 32,208 00 

City of Camden bonds, 1,000 00 1,260 00 

Philadelphia and Reading Car Trust bonds, . 10,000 00 10,100 00 

United Companies of New Jersey bonds, . 15,000 00 33,375 00 

Germantown Passenger Railroad bonds, . 10,250 00 19,475 00 

Schuylkill River East Side Railroad bonds, . 15,000 00 15,675 00 

Pennsylvania Steel Company bonds, . . 10,000 00 10,500 00 



$299.5(>() 00 $894,185 00 



218 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Securities held as collateral for cash loans : — 

National Bank of Northern Liberties stock, . 
Northern Liberties Gas Company stock, 
Fire Association of Philadelphia stock, 
Bank of North America stock, . 
Pennsylvania Railroad stock, . 
Northern Pacific Railroad stock, 
Philadelphia & Reading Railroad bonds, 



Market value. Loaned thereon. 



= 11,730 00 

3,922 00 

3,250 00 

3,300 00 

10,861 00 

17,962 00 

11,765 00 



$9,700 00 
5,200 00 

12,000 00 

15,000 00 
10,000 00 



$62,790 00 $51,900 00 



Summary of Assets Dec. 31, 1888. 

Cash value of unencumbered real estate, . $53,000 00 

Loans on mortgage of real estate (first liens *), 257,850 00 

Interest due or accrued thereon, . . . 4,424 79 

Stocks and bonds, as per schedule, . . . 394,185 00 

Loans on collateral security, as per schedule, . 51,900 00 

Cash in the office of the company, . . . 117 95 

Cash deposited in bank, 23,417 09 

Interest due and accrued, 1,272 79 

Premiums in course of collection (gross), . 19,464 75 

Rents due and accrued, 276 83 

Perpetual deposits in other companies, . . 597 50 

Gross assets, 



$806,506 70 



Liabilities. 

Losses adjusted, unpaid, . 

Losses claimed and reported, . 

Losses disputed or resisted, 

Unearned premiums on outstanding risks 

Reclaimable on perpetual fire policies, 

Dividends to stockholders unpaid, . 

Due and accrued for rent, salaries, etc., 

State and local taxes, 

Commissions and brokerage, . 

Gross liabilities, except capital, 

Surplus as regards j)olicy holders, . 
Paid-up capital, .... 

Surplus over capital, . 



$3,840 27 

7,623 00 

715 13 

102,742 40 

130,706 99 

54 00 

250 00 

1,200 00 

3,990 27 



251,122 06 

$555,384 64 
400,000 00 

$155,384 64 



* Total value of property mortgaged, . 
Amount of insurance held as collateral, 



$574,550 00 
193,500 00 



1888.] 



INS. COS. OF OTHER STATES. 



219 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 



Entire premiums collected, 
Less re-insurance and return premiums, 
Net cash fire premiums received, 
Interest received on mortgages, 

Interest and dividends received from all other sources, 
Income from rents, .... 
Income from all other sources, 
Deposits received for perpetual fire risks, . $12,435 69 
Gross cash income, . 



Expenditures 

-Cash paid for fire losses, .... 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, . 

Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Deposits returned on perpetual fire risks, 
Gross cash expenditures, . 



|21,358 92 
199,019 G2 



|220,378 54 
19,464 75 

$200,913 79 
33,696 76 



|103,940 50 
4,734 11 



L,192 33 



$167,217 03 

11,157 58 

25,182 75 

1,163 46 

4,930 81 

$209,651 63 



$99,206 39 
23,946 00 
34,027 92 

7.549 96 

5.550 94 
10,829 17 

$181,110 38 



Risks and Premiums. 



Premiums. 



Eire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount re-insured, 

Net amount in force, 



$16,104,302 00 $200,184 40 
17,072,599 00 199,019 62 



$33,176,901 00 $399,204 02 
17,218,545 00 197,128 90 



$15,958,356 00 $202,075 12 
336,105 00 3,439 96 



$15,622,251 00 $198,635 16 



Perpetual risks in force (not included above), $5,286,083 00 $143,546 61 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (6 per cent.), . 
•Company's stock owned by directors, .... 



$1,352,112 00 

821,685 00 

96,958 00 

480,408 00 

24,000 00 

81,500 00 



220 



FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



"FIREMAN'S FUND INSURANCE COMPANY," SAX FRANCISCO, 

CAL. 

[Incorporated May 3, 1863. Commenced business Jane 18, 1863.] 

Paid-up Capital, $1,000,000. 

David J. Staples, President. William J. Dutton, Secretary, 



Detailed Statement of Stocks 



Omnibus Cable Company bonds, 
Market Street Cable Company Railroad bonds, 
Powell Street Railway bonds, . 
Oakland City G. L. and II. Company bonds, 
Los Angeles Gas Company bonds, . 
San Diego Gas and Electric Light Co. bonds, 
Riverside Water Company bonds, . 
City of Portland (Ore.) bonds, . 
Spring Valley Water Company bonds, . 
California Dry Dock Company bonds, 
Pacific Rolling Mills bonds, 
Union Iron Works bonds, . . . . 
60 shares Bank of California, 

107 

100 

277 

270 

450 

100 ' 
1000 

550 ' 

300 ' 

440 

550 ' 

250 ' 

200 ' 

500 ' 

250 ' 



First Nat'l Bank, San Francisco, 
Anglo-California Bank, . 
Grangers' Bank, 

California S. F. and T. Company 
Oakland Bank of Savings, 
Santa Rosa Savings Bank, 
California Street Cable Company 
Presidio and Ferries Railroad, 
No. Beach and Mission Railroad, 
Sutter Street Railroad, . 
Oakland G. L. and H. Company, 
Stockton G. L. and H. Company, 
Pacific Gas Imp. Company, . 
California Dry Dock Company, 
Pacific Rolling Mills, 



and Bond-. 

Par value. 

$100,000 00 
90,000 00 
25,000 00 
50,000 00 
10,000 00 
20,000 00 
70,000 00 
50,000 00 
29,000 00 
45,500 00 
22,000 00 

5,000 00 

6,000 00 
10,700 00 

5,000 00 
16,620 00 
12,150 00 
22,500 00 
10,000 00 
100,000 00 
30,250 00 
30,000 00 
44,000 00 
11,000 00 
10,000 00 

6,666 66 
50,000 00 
25,000 00 



Market value. 
$110,000 00 

113,850 00 
27,500 00 
51,500 00 
10,350 00 
20,000 00 
73,500 00 
56,750 00 
36,105 00 
46,865 00 
23,320 00 
5,125 00 
12,900 00 
15,247 50 
6,250 00 
17,312 50 
14,040 00 
00 
15,000 00 

111,000 00 
23,375 00 
_ .100 00 
35,200 00 
19,250 00 
11,250 00 
13,000 00 
17,500 00 
25,000 00 



$906,386 66 §966,540 00 



Securities held as collateral for cash loans 

60 shares Bank of California, 
188 " First Natl Bank, San Francisco, 
Pioneer Woolen Company bonds, 
100 shares San Francisco Gas Light Co., 
25 " Sonoma County Bank, . 
2950 " American Biscuit Company, . 
440 " Masonic Hall Company, 



Market value. Loaned thereon. 



$12,900 00 

26,790 00 

15,000 00 

5,900 00 

3.750 00 

221,250 00 

5,060 00 



£35,000 00 

2.750 00 

00 

89,000 00 

4,000 00 



1888.] 



INS. COS. OF OTHER STATES. 



221 



Galveston, H. and San A. Railroad bonds, 
400 shares Sonoma County Bank, . 

20 " Sonoma County Bank, . 

25 " Savings Bank of Santa Rosa 

10 " Knapton Packing Company, 
Southern Pacific Branch Railway bonds, 

48 shares Savings Bank of Santa Rosa 
100 " Bank of California, 
205 " Fresno Gas Light Company, 

61 " Bank of Sonoma County, 
500 " Savings and Loan So. of San Fran, 

20 " Spring Valley Water Company, 
130 " Santa Rosa Athenaeum Company, 



Market value. 

$90,000 00 

44,800 00 

2,240 00 

3,750 00 

1,250 00 

55,000 00 

7,200 00 

21,500 00 

10,250 00 

6,832 00 

24,000 00 

2,000 00 

13,000 00 



Loaned thereon. 

$75,000 00 
40,000 00 

4,000 00 

950 00 

50,000 00 

4,800 00 

11,000 00 

5,000 00 

4,800 00 

13,500 00 

1,500 00 

8,000 00 



$572,472 00 $351,550 00 



Summary of Assets Dec. 31, 1888. 



Cash value of unencumbered real estate, . 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Gash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 
Rents and re-insurance, .... 

Gross assets, 

Deduct special deposits in other States, . 



Balance, 



$300,000 00 

277,200 00 

996 71 

966,540 00 

351,550 00 

6,393 95 

126,742 29 

16,811 62 

200,362 56 

65,772 54 

2,406 64 



$2,314,776 31 
56,750 00 

$2,258,026 31 



Liabilities. 



Losses adjusted, unpaid, .... 
Losses claimed and reported, . 
Losses disputed or resisted, . 


$13,159 31 
54,295 79 
12,725 00 


Total amount of losses, .... 
Less re-insurance, 


$80,180 10 
11,196 57 


Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 


$68,983 53 
772,244 25 


* Value of lands mortgaged, .... 
Value of buildings thereon, .... 


. $628,750 00 
253,350 00 


Amount of insurance held as collateral, 


123,300 00 



222 



FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Commissions and brokerage, . 
Bills payable, 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, 
Paid-up capital, 



Surplus over capital, 



$19,335 17 
22,126 20 

$882,689 15 
18,886 35 



$863,802 80 

. $1,394,223 51 
. 1,000,000 00 



$394,223 51 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed,. 

Total, . .... 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Xet cash marine premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, .... 



Gross cash income, 



Expenditures 
Cash paid for fire losses, .... 
Deduct salvage and re-insurance, 
Xet cash paid for fire losses, . 

Cash paid for marine and inland losses, . 

Deduct salvage and re-insurance, 

Xet cash paid for marine and inland losses, 

Cash dividends paid 

( ash paid for commissions and brokerage, 

for salaries of officers and employees 

for State and local taxes, 

for incidentals, 

Gross cash expenditures, . 



$154,653 38 
1,290,389 86 

§1,445,043 24 
184,203 67 

$1,260,839 57 
310,495 04 



$70,811 84 
322,155 11 

§392,966 95 
77,180 92 

$315,786 03 
150,993 33 



sources, 



$950,344 53 



164,792 70 
39,441 94 
43,457 06 
20,438 22 

$1,218,474 45 



■5615,951 84 
86,668 00 



$529,283 8-1 



$121,764 49 
39,126 88 



82,637 61 
120,000 00 
147,561 98 
104,577 37 

16,107 21 
112,758 24 

$1,112,926 25 



1888.] 



INS. COS. OF OTHER STATES. 



223 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Risks and Premiums. 

Premiums. 

. f90,187,839 00 $1,253,084 65 
. 95,010,181 00 1,290,389 86 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 

Marine risks outstanding Dec. 31, 1887, 
Marine risks written during 1888, . 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



|185,2()4,020 00 $2,543,474 51 
. 82,720,132 00 1,136,210 49 



$102,483,888 00 $1,407,264 02 
. 7,175,821 00 142,043 77 



. f95,308,067 00 $1,265,220 25 



$2,290,586 00 
16,141,219 00 

$18,431,805 00 
15,645,431 00 

$2,786,374 00 
1,156,332 00 



$149,266 22 

322,155 11 

$471,421 33 

292,392 89 

$179,028 44 

74,242 14 



$1,630,042 00 $104,786 30 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . . 
Fire losses incurred during the year, .... 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (12 per cent.),. 
Company's stock owned by directors, .... 



$16,069,541 00 

8,183,286 00 

486,030 00 

89,323 00 

1,691,060 00 

120,000 00 

157,400 00 



" THE PRESIDENT AND DIRECTORS OF THE FIREMEN'S INSUR- 
ANCE COMPANY OF BALTIMORE," BALTIMORE, MD. 

[Incorporated December, 1825. Commenced business Aug. 2, 1826.] 
Paid-up Capital, $378,000. 

James M. Anderson, President. F. E. S. Wolfe, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par value. Market value. 

Maryland State bonds, $29,000 00 $31,400 00 

Baltimore city bonds, 129,400 00 141,415 00 

Virginia State bonds 38,046 00 12,570 60 

Tennessee State bonds, 34,000 00 24,480 00 

50 shares Baltimore Fire Insurance Company, 500 00 1,000 00 

200 " Howard Fire Insurance Company, . 1,000 00 1,150 00 

121 " German Fire Insurance Company, . 1,210 00 2,117 50 

100 " Asso. Firemen's Insurance Company, 500 00 700 00 



224 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



310 shares Com 1 ! and Farmers' Nat'l Bank, 
S08 " National Mechanics 1 Bank, . 

30 " Farmers & Merchants' Nat'l Bank 
200 " Nat'l Farmers & Planters' Bank, 
5 " Franklin Bank, 

20 " Merchants* National Bank, 
132 " National Bank of Baltimore, . 

55 " People's Bank, 
Frederick County, Md., bonds, . 
Cine., Wash. & Baltimore Railroad bonds, 
Illinois Central Railroad bonds, 
325 shares Baltimore City Pass. Railway, 
B. and O. Railroad Car Trust bonds, 
Corn and Flour Exchange certificate, 



Par value. 

|81,000 00 

8,080 00 

1,200 00 

5,000 00 

500 00 

2,000 00 

13,200 00 

1,100 00 

20,000 00 

10,000 00 

10,000 00 

8,125 00 

10,000 00 

00 



Market value. 

|40,610 00 
10*408 00 

60 00 
10 00 

460 00 

20 00 

18,612 00 

1,100 00 
22,000 00 

[).:A2 50 

10,050 00 

23,400 00 

10,000 00 

500 00 



$354,361 00 ?374,960 60 



Summary of Assets Dec 

Cash value of unencumbered real estate, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Office furniture, . . . .$1,897 52 
Premiums more than 3 months due, 29 00 
Gross assets, 



31, 1888. 

$146,875 00 

374,960 60 

»7 94 

34,965 23 

7,122 09 

13,428 01 

1,266 25 



£587,415 72 



Liabilities. 
Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Losses disputed or resisted, 

Total amount of losses, 

Less re-insurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Reclaimable on perpetual fire policies, 
Dividends to stockholders unpaid, . 
State and local taxes, 
Commissions and brokerage, . 
Gross liabilities, except capital, 

►Surplus as regards policy holders, . 
Paid-up capital, .... 



Surplus over capital, 



?2,130 90 
4,979 81 
7,054 05 

$14,164 76 
1,000 00 

§13,164 76 

83,187 79 

1,553 72 

683 63 

469 80 

3,506 55 



102,566 25 

?484,849 47 
378,000 00 

? 106,849 47 



1888.] 



INS. COS. OF OTHER STATES. 



225 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, . 



$9,420 40 
157,521 82 



Total, $166,942 22 

Premiums now in course of collection, . . 13,428 01 



Entire premiums collected, .... 
Less re-insurance and return premiums, . 
Net cash fire premiums received, 
Interest and dividends received from all sources, 
Income from rents, 



$153,514 21 
11,909 82 



$141,604 39 

16,079 91 

8,198 69 



Gross cash income, $165,882 99 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash j)aid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 



$85,805 06 
638 87 



$85,166 19 

22,600 08 

25,399 21 

13,859 36 

9,177 67 



Gross cash expenditures, $156,202 51 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount re-insured, 

Net amount in force, . 



.$24,240,731 00 
. 21,053,924 00 

. $45,294,655 00 
. 17,183,852 00 

.$28,110,803 00 
163,537 00 

. $27,947,266 00 



Perpetual risks in force (not included above), $45,100 00 



Premiums. 

$134,071 95 
157,521 82 

$291,593 77 
126,853 22 

$164,740 55 

2,068 78 

$162,671 77 
$1,635 50 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (six per cent.), 
Company's stock owned by directors, . . . . 



$6,060,059 00 

2,994,552 00 

79,479 00 

3,169,789 00 

22,680 00 

18,990 00 



226 FIRE, MARINE, AND FIRE-MAMNE [Dec. 31, 



"FIREMEN'S INSURANCE COMPANY OF DAYTON," DAYTON. 

OHIO. 

[Incorporated 1856. Commenced business 1856.] 
Paid-up Capital, $250,000. 

S. Craighead, President. Chas. Richardson, Secretary. 



Detailed Statement of Stocks 



United States bonds, 

Dayton, O., city bonds, .... 
Troy, O., city bonds, .... 

Music Hall, Dayton, bonds, 
Merchants 1 National Bank, Cincinnati, stock, 
First National Bank, Covington, stock, . 
Dayton National Bank, Dayton, stock, 



and Bonds. 

Par value. 

$50,000 00 
2,000 00 
5,000 00 
2,000 00 
18,500 00 
4,000 00 
2,200 00 



Market value. 

$64,000 00 

2,000 00 

5,000 00 

2,000 00 

25,900 00 

5,600 00 

3,520 00 



?83,700 00 |108 f 020 00 



Securities held as collateral for cash loans : — 

Market value. Loaned thereon. 

15 shares Merchants 1 National Bank, Middleton, O., f 2,250 00 $1,200 00 



Summary of Assets Dec. 31, 1888. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for fire risks, 
Rents due and accrued, .... 
Gross assets, 



£84,147 81 

216,768 82 

5,295 57 

108,020 00 

1,200 00 

4,183 05 

40,767 72 

424 08 

17,257 82 

3,2 LI 03 

990 40 



§482,266 30 



Liabilities. 
Losses claimed and reported, .... $13,944 16 

Losses disputed or resisted, .... 4,500 00 

L^nearned premiums on outstanding risks, . 149,029 68 

Commissions and brokerage, .... 4,180 54 

Gross liabilities, except capital, . . . 171,654 3S 

Surplus as regards policy holders, §310,611 92 

Paid-up capital, 250,000 00 

Surplus over capital, .611 92 

* Value of lands mortgaged $438,164 00 

Value of buildings thereon, 190,5bS 00 

Amount of insurance held as collateral, 99,535 00 



1888.] 



INS. COS. OF OTHER STATES. 



227 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Income from all other sources, 



Gross cash income, 



Expenditures 
Cash paid for fire losses, .... 
Deduct salvage and re-insurance, . 
Net cash paid for fire losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employ 

for State and local taxes, 

for incidentals, 

for expenses on real estate, 



Gross cash expenditures, $214,677 53 



$23,822 62 
161 85 

$23,660 77 
250,653 97 

$274,314 74 

17,257 82 

$257,056 92 
56,136 78 



sources, 



$148,424 61 
9,878 75 



ees, 



$200,920 14 

15,910 40 

4,550 66 

7,245 30 

547 43 

$229,173 93 



$138,545 86 

7,500 00 

32,769 74 

13,889 76 

5,862 21 

12,220 05 

3,889 91 



Risks and Premiums. 



Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, . 



Total, 

Deduct risks expired and terminated 

In force at end of year, 
Deduct amount re-insured, . 

Net amount in force, . 



$25,569,524 00 $289,403 43 
16,873,520 00 250,653 97- 



$42,443,044 00 $540,057 40 
16,186,476 00 228,959 64 



$26,256,568 00 $311,097 76 
1,523,442 00 19,777 67 



$24,733,126 00 $291,320 09 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year (est ), . 
Cash dividends declared from organization of company, 
Dividends declared during the year (3 per cent.), . 
Company's stock owned by directors, .... 



$2,323,087 00 

1,469,741 00 

133,062 00 

507,392 00 

7,500 00 

54,360 00 



228 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



" FIREMEN'S INSURANCE COMPANY OF NEWARK, N. J.," 

NEWARK, N.J. 

[Incorporated Dec. 3, 1855. Commenced business Dec. 3, 1855.] 

Paid-up Capital, $600,000. 

John H. Kase, President. Chas. Colter, Secretary. 



Detailed Statement of Stocks 

United States bonds, .... 

Morris and Essex Railroad bonds, . 

Orange and Newark Railroad bonds, 

Essex Pass. Railroad bonds, 

Newark Electric Light and Power Co. bonds 

East Orange Township bonds, . 

Morris and Essex Railroad stock, . 

Del., Lack, and Western Railroad stock, 

United N. J. Railroad and Canal stock, 

Newark City National Bank stock, . 

Second National Bank stock, . 

National Newark Banking Company stock, 

National State Bank stock, 

Essex County National Bank stock, 

German National Bank stock, . 

Manufacturers' National Bank stock, 

American Insurance Company stock, 

Merchants 1 Insurance Company stock, 

Newark Fire Insurance Company stock, 

Paterson Gas Light Company stock, 

Newark Gas Light Company stock, . 

Citizens 1 Gas Light Company stock, 

Newark and Rosendale Cement Company stock, 



and Bonds. 

Par value. 

$30,000 00 
50,000 00 
40,000 00 
24,000 00 
10,000 00 

5,728 42 
65,000 00 
50,000 00 
13,900 00 
20,000 00 
20,000 00 
20,000 00 
30,000 00 
18,900 00 

4,200 00 
10,000 00 
20,000 00 

5,000 00 

5,000 00 

10,000 00 

11,000 00 

11,850 00 

4,000 00 



Market value. 

$37,750 00 
70,000 00 
46,000 00 
27,600 00 
10,000 00 

5,728 42 
93,600 00 
72,200 00 
30,580 00 
28,000 00 
25,000 00 
28,000 00 
40,500 00 
33,075 00 

5,460 00 
11,900 00 
36,000 00 

8,500 00 

7,500 00 

11,000 00 

23,100 00 

17,538 00 

5,600 00 



78,578 42 $674,631 42 



Summary of Assets Dec. 31, 1888. 



Cash value of unencumbered real estate, . 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Rents due and accrued, . • , • 
Premiums more than 3 months due, $374 45 
Gross assets, 



$121,678 08 

901,191 46 

14,148 23 

674,631 42 

20,852 15 

11,930 65 

8,813 86 

1,108 50 



?1,754,354 35 



* Total value of property mortgaged $2,108,500 00 

Amount of insurance held as collateral 1,110,000 00 



1888.] 



INS. COS. OF OTHER STATES. 



229 



Liabilities. 

Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Unpaid scrip ordered to be redeemed, 
Interest due or accrued on scrip, 
Commissions and brokerage, . 

Return premiums, 

Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



$23,565 82 

210,907 36 

•2,025 00 

540 10 

1,345 24 

538 25 



$238,921 77 



:,515,432 58 
600,000 00 



Surplus over capital, . 



$915,432 58- 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Same not collected, 



Net collected, 

Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less re-insurance and return premiums, 
Net cash fire premiums received, 
Interest received on mortgages, 
Interest and dividends received from all 
Income from rents, .... 



Gross cash income, 



other 



.$5,457 83 

. 153 78 

$5,304 05 

328,671 07 

$333,975 12 

9,188 31 

$324,786 81 

36,079 93 



sources, 



$288,706 88 

48,366 00 

38,568 96 

7,920 07 

$383,561 91 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for interest and redemption of scrip, 
for commissions and brokerage, 
for salaries of officers and emplo} T ees, 
for State and local taxes, 
for incidentals, .... 

Real estate expenses, . . . 



$176,082 19 
1,534 85 



$174,547 34 
72,000 00 
44 55 
49,371 23 
19,834 01 
11,089 29 
18,891 79 
1,288 54 



Gross cash expenditures, . 



$347,066 75 



230 FIKE, MARINE, AND FIRE-MARINE [Dec. 31, 



Risks and Premiums. 

Premiums. 

Fire risks outstanding Dec. 31, 1887, . . $45,743,288 00 $396,580 50 



Fire risks written during 1888, 



Total 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



. 36,471,363 00 328,671 07 



2,214,651 00 $725,251 
. 36,221,528 00 312,970 64 



.§45,993,123 00 $412,280 93 
797,988 00 6,964 66 



. §45,195,135 00 $405,316 27 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Casli dividends declared from organization of company, 
Dividends declared during the year (12 per cent.), 
Company's stock owned by directors, .... 



$4,922,621 00 

1,947,260 00 

174,140 00 

1,038,500 00 

72,000 00 

257,400 00 



"FIREMEN'S INSURANCE COMPANY,'" NEW YORK, N. Y. 

[Incorporated April 19, 1825. Commenced business April 19, 1825.] 

Paid-up Capital, $204,000. 

John F. Halsted, President. P, Hanford Oaklet, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par value. 

United States bonds, $25,000 00 

American Exchange Bank stock, . . . 4,000 00 

Delaware and Hudson Canal bonds, . . 16,000 00 

New York City bonds, 60,000 00 

Morris and Essex R. R. stock 10,000 00 

N. Y., Lackawanna and Western R. R. stock, . 10,000 00 



Market value. 

-.125 00 
60 00 
16,960 00 
66,100 00 
14,400 00 
10,800 00 



Summary of Assets Dec 

Cash value of unencumbered real estate, . 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Premiums more than 3 months due, 810 50 
Gross assets, 



?125,000 00 f 146,145 00 

31, 1888. 

$125,000 00 

146,145 00 

190 01 

1,629 47 

1,530 83 

4,674 48 

805 67 



§279,975 46 



1888.] 



INS. COS. OF OTHER STATES. 



231 



Liabilities 

Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Unearned premiums on outstanding 
Interest due or accrued on scrip, 
Due for borrowed money, 
Commissions and brokerage, . 
Return premiums, 
Re-insurance, .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, .... 



Surplus over capital, 





$892 02 






2,664 58 




risks, 


25,790 39 

5 25 

3,000 00 

934 89 

85 98 

110 74 


$33,483 85 








$246,491 61 




• • • • 


204,000 00 




§42,491 61 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Same not collected, 



Net collected, 

Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, .... 

Less re-insurance and return premiums, . 

Net cash fire premiums received, 

Net cash marine premiums received, 

Interest and dividends received from all sources, 

Income from rents, 



1,286 71 
52 00 



$4,234 71 
44,235 75 

$48,470 46 
4,684 98 

$43,785 48 
5,492 68 



$38,292 80 

362 50 

5,785 00 

7,863 93 



Gross cash income, f 52,304 23 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 



$23,228 24 
24 12 



Gross cash expenditures, 



$23,204 12 

12,240 00 

5,625 33 

10,700 04 

192 53 

5,894 77 

$57,856 7 ( J 



232 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written daring 1888, . 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 

Marine risks outstanding Dec. 31, 1887, 
Marine risks written during 1888, . 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 



$7 ,463,244 00 
0,042,120 00 

814,105,304 00 
7,009,387 00 

§7,095,977 00 
217,534 00 



Premiums. 

4 Li'. 

19 11 
47,142 12 

$48,470 99 
1,289 68 



£6,878,443 00 


£47,187 31 


$17,500 00 


■2 50 


17,500 00 


362 50 



$35,000 00 
17,500 00 

$17,500 00 



$725 00 
362 50 

$362 50 



Miscellaneous. 

Premiums received from organization of company, . $4,630,840 00 

Losses paid from organization of company, . . '. 2,851,137 00 

Fire losses incurred during the year, .... 19,879 00 

Cash dividends declared from organization of company, 1,446,418 00 

Dividends declared during the year (6 percent.), . . 12.240 00 

Company's stock owned by directors, .... 45,594 00 



"FRANKLIN INSURANCE COMPANY," COLUMBUS, O. 

[Incorporated April 29, 186L Commenced business May 25, 1S64.] 

Paid-up Capital, $200,000. 

P. W. Huntington, President. Henry O'Kane, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par value. Market value. 

United States bonds, $173,000 00 £221,290 00 

Columbus and Toledo Railroad bonds, . . 25,000 00 28,750 00 

Board of Trade, Columbus, O., stock, . . 300 00 300 00 



8198,300 00 $250,340 00 



Summary of Assets Dec. 31, 1888. 
Cash value of unencumbered real estate, . . $4,650 00 

Loans on mortgage of real estate (first liens*), 56,558 00 

Interest due or accrued thereon, . . . 1,603 95 

Stocks and bonds, as per schedule, . . . 250,340 00 
Cash deposited in bank, 32,114 29 



* Total value of property mortgaged, 



$249,- 500 00 



1888.] 



INS. COS. OF OTHER STATES. 



233 



Interest due and accrued, .... 
Premiums in course of collection (gross) , 
Notes taken for fire risks, 

Bills receivable, 

Gross assets, 



$729 17 




34,547 75 




244 70 




687 05 






$381,474 91 



Liabilities. 

Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



$2,608 43 

120,743 84 

4,567 75 



Surplus over capital, 



127,920 02 

$253,554 89 

200,000 00 

$53,554 89 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Same not collected, 



$27,550 00 
1,500 00 



Net collected, $26,050 00 

Premiums on risks written or renewed, . . 194,798 24 



Total, $220,848 24 

Premiums now in course of collection, . . 34,547 75 



Entire premiums collected, .... $186,300 49 
Less re-insurance and return premiums, . . 20,158 02 

Net cash fire premiums received, . . . $166,142 47 

Interest received on mortgages, 3,176 41 

Interest and dividends received from all other sources, . . 9,755 00 

Income from rents, 438 30 

Profit on bonds sold, 2,526 00 



Gross cash income, $182,038 18 



Expenditures. 

Cash paid, for fire losses, . . . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, 



$102,491 43 
14,000 00 
32,575 00 
12,388 09 
4,976 09 
11,690 65 



Gross cash expenditures, 



$178,121 26 



234 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Risks and Premiums. 

Premiums. 

Fire risks outstanding Dec. 31, 1887, . . $18,021,947 00 $203,694 62 
Fire risks written during 1888, . . . 17,525,145 00 194,798 24 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 



. $36,147,092 00 $398,492 86 
. 14,447,520 00 181,287 48 



.$21,699,572 00 $217,205 38 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, 
Fire losses incurred during the year, . . . . 
Cash dividends declared from organization of company, 
Dividends declared during the year (7 per cent.), . 
Company's stock owned by directors, . 



$1,211,037 00 

539,773 00 

101,732 00 

1,000 00 

14,000 00 

85,440 00 



" FRANKLIN FIRE INSURANCE COMPANY OF PHILADELPHIA," 

PHILADELPHIA, PA. 

[Incorporated April 22, 1829. Commenced business June, 1829.] 

Paid-up Capital, $400,000. 

James W. McAllister, President. Ezra T. Cresson, Secretary. 



Detailed Statement of Stocks and Bonds. 



Pennsylvania Car Trust bonds, 

Marion County, Ind., bonds, 

50 shares First National Bank of Phil a., 

Phila., Wil. & Baltimore Railroad bonds, 

Pennsylvania Equipment Trust bonds, 

Belvidere Delaware Railroad bonds, 

Quincy, 111., city bonds, 

31 shares Southwark National Bank, 

Gloucester County, N. J., bonds, 

Northern Pacific Railroad bonds, 

Iowa City and Western Railroad bonds, 

Steubenville and Indiana Railroad bonds, 

National Water Works Company, N.Y., bonds, 

Delaware and Hudson Canal Company bonds, 

Delaware and Bound Brook Railroad bonds, 

Lehigh Valley Railroad bonds, 

Chicago and Western Ind. Railroad bonds, 

Pennsylvania R. R. Collateral Trust bonds, 

Inf. Battalion of State Fencibles bonds, . 

Columbus and Cincinnati Midland R. R. bonds, 



Par value. 

$10,000 00 
10,000 00 

5,000 00 
25,000 00 
25,000 00 
21,000 00 
15,000 00 

1,550 00 
35,000 00 

6,000 00 
20,000 00 

5,000 J00 
25,000 00 
10,000 00 

8,000 00 
14,000 00 
16,000 00 
30,000 00 

2,200 00 
25,000 00 



Market value. 

$10,060 00 

10,100 00 

11,750 00 

25,250 00 

24,500 00 

21,000 00 

15,450 00 

3,890 50 

36,050 00 

6,180 00 

20,600 00 

5,350 00 

26,250 00 

' 10,600 00 

8,960 00 

18,480 00 

90 00 

31,800 00 

00 

75 00 



1888.] 



INS. COS. OF OTHER STATES. 



235 



125 shares Philadelphia, Wil. & Bait. R. R., . 
St. Paul, Minn, and Manitoba Railroad bonds, 
Stony Creek Railroad bonds, . 
Baltimore and Potomac Railroad bonds, . 
Penn. & New York Canal and Railroad bonds, 
West Jersey Railroad bonds, . 
Philadelphia and Reading Railroad bonds, 
Hes., Mantua & Fairm't Pass. Ry. Co. bonds, 
Camden and Amboy Railroad bonds, 
Connecting Railroad Company bonds, 
Easton and Amboy Railroad bonds, . 
Huntingdon and Broad Top Railroad bonds,. 
Lehigh Valley Railroad bonds, 
Elmira and Williamsport Railroad bonds, 
Philadelphia, Wilm. and Baltimore Trust cert., 
New York, Lacka. and Western R. R. bonds, 
West Jersey Railroad bonds, . 
New York Central Railroad bonds, . 
Jacksonville Southeastern Railroad bonds, 
Harrisb'g, P'tsm'th, Mt. Joy & Lan. R. R. bonds, 
Lehigh Coal and Navigation Company bonds, 
Northern Central Railroad bonds, . 
West Jersey and Atlantic Railroad bonds, 
16 shares Continental Hotel Company, . 
Pennsylvania Company bonds, 
Steubenville and Indiana Railroad bonds, 
Pennsylvania Salt Man. Company bonds, 
Camden and Atlantic Railroad bonds, 
North Central Railroad bonds, 
Philadelphia and Erie Railroad bonds, . 
Lehigh Valley Railroad bonds, 
500 shares Mine Hill and Schuyl. Hav. R. R., 
25 shares Penn. Co. for Insurance on Lives, etc., 
Lehigh Valley Coal Company bonds, 
Pennsylvania Car Trust bonds, 
Baltimore and Ohio Railroad bonds, 
Northern Central Railroad bonds, . 
River Front Railroad bonds, 



Securities held as collateral for cash loans : — 

70 shares Pennsylvania Railroad, . 
900 " Huntingdon and Broad Top R. R., . 
900 " Philadelphia and Erie Railroad, 
200 " Investment Co. of Philadelphia, 
100 " Northern Pacific Railroad, 
Philadelphia and Reading Railroad bonds, 



Par value. 

$6,250 00 

7,000 00 

4,000 00 
21,000 00 

7,000 00 
10,000 00 
17,000 00 
10,000 00 

5,000 00 
20,000 00 
25,000 00 
10,000 00 
35,000 00 
10,000 00 
25,000 00 
25,000 00 
22,000 00 
25,000 00 
10,000 00 
25,000 00 

3,300 00 
15,000 00 
19,000 00 

1,600 00 
25,000 00 
30,000 00 
47,000 00 
14,000 00 
18,000 00 
10,000 00 
53,000 00 
25,000 00 

2,500 00 
20,000 00 
25,000 00 
24,500 00 
10,000 00 
16,000 00 



Market value. 

$8,750 00 

8,120 00 
, 4,800 00 
26,250 00 

8,137 50 
12,200 00 
18,912 50 
10,500 00 

5,025 00 
25,400 00 
28,562 50 
10,700 00 
41,912 50 
10,550 00 
25,125 00 
33,125 00 
25,960 00 
26,125 00 
10,000 00 
25,750 00 

3,844 50 
16,575 00 
20,330 00 

2,176 00 
26,250 00 
32,400 00 
51,700 00 
15,400 00 
19,440 00 
11,275 00 
56,710 00 
35,250 00 
13,000 00 
21,000 00 
25,250 00 
25,235 00 
10,500 00 
16,800 00 



$986,900 00 $1,098,466 00 



Market value. 

$3,762 50 
42,300 00 > 
28,800 00 
12,950 00 > 
2,550 00 
16,606 25 



Loaned thereon. 

$2,000 00 



80,000 00 



236 



FIRE, MARINE, AND FIRE-MARIXE [Dec. 31, 



North Pacific R. R. and Land Grant bonds, 
Metropolitan Elevated Railroad bonds, . 
Metropolitan Elevated Railroad bonds, . 
100 shares Chicago and East 111. Railroad, 
New York, Phila. and Norfolk Railroad bonds 
Columbus and Cin. Midland Railroad bonds, 
Allegheny Valley Railroad bonds, . 
Pittsburgh and Lake Erie Railroad bonds, 

500 shares Lehigh Coal and Navigation Co.. 

500 " Delaware and Bound Brook R. R 

234 " L T nion Passenger Railway Co., 
1000 " North Pennsylvania Railroad, 
St. Louis, Kansas City and North. R. R. bonds 
North Missouri Railroad bonds, 

40 shares Germantown Pass. Railway Co., 
100 " Lehigh Valley Railroad, 
100 " Philadelphia and Erie Railroad, 
600 " Northern Pacific Railroad, 
Philadelphia and Reading Railroad bonds, 
500 shares Philadelphia and Reading R. R , 
500 " Ins. Company of North America, 

25 " Lehigh Valley Railroad, . 
550 " Philadelphia and Reading Railroad 
100 " Northern Pacific Railroad, 
625 " Pennsylvania & N. Y. Canal & R.R 
Philadelphia and Reading Railroad bonds, 
Union Oil Company bonds, 
500 shares Lehigh Coal and Navigation Co , 
500 " Lehigh Coal and Navigation Co., 
Camden and Amboy Railroad bonds, 
Catawissa Railroad bonds, 
Rock Island Railroad bonds, . 
Kansas Pacific Railroad bonds, 
Northern Pacific Railroad bonds, 
Georgia Pacific Railroad bonds, 
Iowa Trust Company bonds, . 
Philadelphia and Reading Railroad bonds, 
Pennsylvania State bonds, 
Philadelphia city bonds, . 
Pittsburgh June. Terminal Company bonds, 
St. Louis, Vandalia & Terre Haute R. R. bonds 
1000 shares Lehigh Valley Railroad, 

100 " Ins. Company of North America, 



Market value. 

$9,700 00 

23.' MM) I 

34,500 
4,325 00 $ 
2,140 00 | 
16,470 00 I 
58,000 00 
93,750 00 
25,500 00 
80,000 00 
40,716 00 
81,500 00 
7*40 00 
8,190 00 
3,780 00 J 
5,487 50 > 
3,200 00 S 
36,150 00 
18,250 00 
12,250 00 n 
13,375 00 S 
1,371 87) 
13,475 00 ) 
6,025 00 S 
62,500 00 
14,500 00 
33,000 00 
25,500 00 
25,500 00 n 
1,005 00 S 
1.230 00 ) 
10,700 00 ^ 
2,245 00 I 
5.925 00 j> 
11,000 00 | 
6,600 00 J 

.240 00 
7,215 00 
6,500 00 
20,000 00 
9,040 00 
54,875 00 
2,675 00 



I 



Loaned thereon. 

I 00 
20,000 00 

30,000 00 



'0 00 
'0 00 

io oo 

21.50M 00 

10 00 

60,000 00 

'0 00 

10 00 

'0 00 
00 

20,000 00 

10 00 

50,000 00 

00 

25,000 00 

00 

24,000 00 



31,000 00 

50,000 00 

25,000 00 
50,000 00 



$1,054,214 12 §849,000 00 



1888.] 



INS. COS. OF OTHER STATES. 



237 



Summary of Assets Dec. 31, 1888. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*) , 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, 



$322,150 00 

669,806 34 

10,716 02 

1,098,466 00 

849,000 00 

15,818 81 

185,469 69 

1,485 18 

49,890 45 



$3,202,802 49 



Liabilities. 

Losses adjusted, unpaid, . . 
Losses claimed and reported, . 
Losses disputed or resisted, 
Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, . 
Dividends to stockholders unpaid, . 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, ..... 



Surplus over capital, . 



$35,807 98 

10,805 00 

8,824 00 

427,724 94 

1,346,541 43 

292 50 

7,481 09 



1,837,476 94 



. $1,365,325 55 
400,000 00 



$965,325 55 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written 'or renewed, . 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Income from all other sources, 
Deposits received for perpetual fire risks, 
Gross cash income, .... 



Expenditures. 



Cash paid for fire losses, 
Cash dividends paid, . 



$49,262 38 
535,451 11 

$584,713 49 
49,890 45 

$534,823 04 
53,525 12 



sources, 



$31,416 31 



$481,297 92 

71,617 34 

57,801 86 

10,774 13 

2,153 00 

$623,644 25 



$266,211 84 
90,035 00 



* Total value of property mortgaged, 
Amount of insurance held aa collateral, 



$1,750,195 00 . 
074,400 00 



238 



FIRE, MARINE, AND FIRE-MARIXE [Dec. 31, 



Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 

for repairs on real estate, 
Deposits returned on perpetual fire risks, 
Gross cash expenditures, . 



$43,163 11 



$82,343 81 

.125 80 
23,808 70 
60,112 01 
3,3.- 

$590,026 39 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Risks and Premiums. 

Premiums. 

$75,367,713 00 $848,364 34 
48,510,813 00 535,451 11 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



$123,878,526 00 $1,383,815 45 
48,388,271 00 530,401 33 



575,490,255 00 $853,414 12 
825,118 00 9,816 36 



$74,665,137 00 $843,597 70 



Perpetual risks in force (not included above), $62,600,068 00 $1,454,814 04 



Miscellaneous. 

Premiums received from organization of company, 

Losses paid from organization of company, . 

Fire losses incurred during the year, . 

Cash dividends declared from organization of company, 

Dividends declared during the year, . 

Company's stock owned by directors, ► 



$26,020,584 00 

14,125,814 00 

288,036 00 

4,734,000 00 

00,000 00 

31,500 00 



"GERMAN AMERICAN INSURANCE COMPANY," NEW YORK, N.Y. 

[Incorporated March, 1872. Commenced business March, 1872.] 

Paid-up Capital, $1,000,000. 

Emil Oelbermann, President. James A. Silvey, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par value. Market valae. 

United States bonds, $2,260,000 00 $2,865,500 00 

Atlanta city bonds, 25,000 00 2b,62o 00 

Chicago and Rock Island Railroad bonds, . 70,000 00 86,225 00 

Cairo and Fulton Railroad bonds, . . . 25,000 00 25,750 00 

Chic, Mil and St. Paul Railroad bonds, . . 100,000 00 109,200 00 

Central Pacific Railroad bonds, . . . 50,000 00 56,500 00 

Union Pacific Railroad bonds, .... 50,000 00. 56,500 00 

Kansas Pacific Railroad bonds, . . . 85,000 00 05,200 00 



1888.] 



INS. COS. OF OTHER STATES. 



239 



Chicago and Northwestern Railroad bonds, . 
St. Louis, K. C. and Northern Railroad bonds, 

Erie Railway bonds, 

Syracuse, Binghamton and N. Y. R. R. bonds, . 
Little Miami Railroad bonds, .... 
Louisville and Nashville Railroad bonds, 
New York, Lackawanna and West. R.R. bonds, 
Chicago, Burlington and Quincy R. R. bonds, . 
Missouri Pacific Railroad bonds, 
Missouri, Kansas and Texas Railroad bonds, . 
New York Cen. and Hudson River R. R. bonds, 
Albany and Susquehanna Railroad bonds, 
St. Paul, Minnesota and Manitoba R. R. bonds, 
Chicago, Milwaukee and St. Paul R. R. bonds, 
Pennsylvania Company bonds, 
Dakota and Great Southern Railroad bonds, 
Fargo and Southern Railroad bonds, 
2633 shares N. Y. and Harlem Railway, . 
550 " Chicago, R. I. and Pacific R. R., 
480 " Omaha and St. Louis Railroad, 
500 " Consolidated Gas Company, . 
100 " American Exchange Nat. Bank, 



Par value. 

$155,000 00 
60,000 00 

100,000 00 
30,000 00 
25,000 00 
50,000 00 

100,000 00 
55,000 00 
50,000 00 
50,000 00 

100,000 00 
75,000 00 
30,000 00 
30,000 00 
55,000 00 
25,000 00 
25,000 00 

131,650 00 
55,000 00 
48,000 00 
50,000 00 
10,000 00 



Market value. 

f 172,950 00 
67,200 00 

137,250 00 
40,500 00 
25,750 00 
55,500 00 

129,000 00 
57,200 00 
55,000 00 
45,750 00 

111,000 00 
92,250 00 
35,400 00 
30,750 00 
59,950 00 
25,000 00 
25,000 00 

310,694 00 
53,900 00 
12,000 00 
41,125 00 
14,500 00 



1,974,650 00 f4,918,169 00 



Summary of Assets Dec 

Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, . 
Interest due and accrued, .... 
Premiums in course of collection (gross), 

Gross assets,* 

Deduct special deposits in other States, . 



Balance, 



31, 1888. 

$4,918,169 00 

117 79 

227,246 39 

550 00 

199,210 52 



fo,345,293 70 
151,800 00 



$5,193,493 70 



Liabilities. 



Losses adjusted, unpaid, . 
Losses claimed and reported, 
Losses disputed or resisted, 

Total amount of losses, 
Less re-insurance, 

Net amount of unpaid losses, 



$63,382 61 

143,966 71 

20,566 60 

$227,915 92 
29,151 00 

$198,764 92 



* Including $500,000 special reserve fund, held under New York law. 



240 FIRE, MARINE, AND FIRE-MARIXE [Dec. 31, 



Unearned premiums on outstanding risks, 
Commissions and brokerage, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, . 
Paid-up capital, .... 



Surplus over capital, . 



$1,890,354 32 
12,188 98 

82,101,308 22 

46,878 80 
$2,054,429 42 



. |3,139,0G4 28 
. 1,000,000 00 



. $2,139,004 28 



Income 

Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash fire premiums received, 

Interest and dividends received from all sources, 

Gross cash income, 



$158,437 83 
3,142,081 96 

$3,300,519 79 
190,G2l 57 

$3,109,898 22 
770,342 92 



- $2,339,555 30 
209^817 00 

. $2,549,372 30 



Expenditures. 

Cash paid for fire losses, .... 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, . 

Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of ofiicers and employees, 

for State and local taxes, 

for incidentals, 



Gross cash expenditures, 



$1,692,958 18 
216,105 43 



$1,476,852 75 
200,000 00 
37s,9G7 18 
1>5,594 06 
59,749 57 
252,453 96 

$2,553,617 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Risks and Premiums. 

Premiums. 

$511,644,643 00 £3,883,280 20 
379,116,423 00 3,142,081 96 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount re-insured, 

Net amount in force, . 



£890,761,066 00 £7,025,362 16 
386,232,753 00 3,135,381 06 



£504,528,313 00 £3,889,981 10 
26,219,064 00 ->,152 04 



£478,309,249 00 £3,601,829 06 



1888.] 



INS. COS. OF OTHER STATES. 



241 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (20 per cent.), . 
Company's stock owned by directors, .... 



$24,112,938 00 

11,808,116 00 

1,460,557 00 

1,940,000 00 

200,000 00 

340,000 00 



"GERMAN FIRE INSURANCE COMPANY OF THE CITY OF 
PITTSBURGH,' 1 PITTSBURGH, PA. 

[Incorporated March, 1862. Commenced business July, 1862.] 
Paid-up Capital, $200,000. 

C. Barchfeld, President. F. L. Gross, Secretary. 



Detailed Statement of Stocks 



First National Bank stock, Pittsburgh, 
Second National Bank stock, Pittsburgh, 
Third National Bank stock, Pittsburgh, . 
German National Bank stock, Pittsburgh, 
Exchange National Bank stock, Pittsburgh, 
Allegheny National Bank stock, Pittsburgh, 
Merch. and Manuf. Nafl Bank stock, Pitts., 
^Metropolitan National Bank stock, Pittsburgh, 
Fifth Avenue National Bank stock, Pittsburgh, 
First National Bank stock, Allegheny, 
Second National Bank stock, Allegheny, . 
German National Bank stock, Allegheny, 
Kilbuck Township school bonds, 
Alleppo Township school bonds, 
People's Park Passenger Railway bonds, . 



Securities held as collateral for cash loans : — 

German National Bank stock, Pittsburgh, 
Third National Bank stock, Pittsburgh, . 



and Bonds. 

Par value. 

$9,700 00 

10,000 00 

10,000 00 

10,200 00 

5,000 00 

5,000 00 

2,150 00 

300 00 

500 00 

10,000 00 

4,500 00 

4,900 00 

3,000 00 

2,300 00 

6,000 00 



Market value. 

$16,102 00 

18,000 00 

16,500 00 

33,252 00 

8,300 00 

6,300 00 

2,580 00 

300 00 

350 00 

16,500 00 

8,325 00 

6,860 00 

3,152 38 

2,640 00 

6,120 00 



$83,550 00 $145,281 38 

Market value. Loaned thereon. 

£3,912 00 £2,000 00 



9,245 00 



6,000 00 



$ 13,157 00 $8,000 00 



Summary of Assets Dec. 31, 1888. 
Cash value of unencumbered real estate, . $46,480 22 

Loans on mortgage of real estate (tirst liens *), 204,580 53 



* Value of lands mortgaged, $326,850 00 

Value of buildings thereon, 200,000 00 

Amount of insurance ht'ld as collateral l'J4,100 00 



242 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Gross assets, 



$2,818 91 

145,281 38 

8,000 00 

23,318 09 

872 50 

22,62; 46 

25 00 



MX)2 09 



Liabilities. 

Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
State and local taxes, 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, .... 



Surplus over capital, 



$7,676 58 

2,930 00 

158,985 44 

1,000 00 

3,770 91 



174,302 93 

',639 16 
200,000 00 

$79,639 16 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash fire premiums received, . . . 

Interest received on mortgages, .... 
Interest and dividends received from all other sources, 
Income from rents, 



§19,998 46 
230,182 13 

$250,180 59 
22,625 46 

§227,555 13 
35,379 19 



§192,175 94 

11,996 70 

9,123 10 

360 50 



Gross cash income, $213,656 24 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 



§155,346 58 
6,607 00 



Gross cash expenditures, 



§148,739 58 

20,000 00 

41,222 16 

21.230 07 

6,903 31 

299 33 

$238,394 45 



1888.] 



INS. COS: OF OTHER STATES. 



243 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



. $26,088,531 00 
. 19,562,976 00 



.§45,651,507 00 
. 19,136,692 00 

. $26,514,815 00 
450,690 00 



Premiums. 

$322,053 05 
230,182 13 

$552,235 18 
236,872 10 



115,363 08 
5,203 12 



. $26,064,125 00 $310,159 96 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, 
Fire losses incurred during the year, 
Cash dividends declared from organization of company 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, 



$2,808,205 00 

1,220,459 00 

142,621 00 

502,000 00 

20,000 00 

27,100 00 



" GERMANIA FIRE INSURANCE COMPANY," NEW YORK, N. Y. 

[Incorporated March 2, 1859. Commenced business March 2, 1859.] 
Paid-up Capital, $1,000,000. 

Rudolph Gakrigue, President. Hugo Schumann, Secy. & Vice-Pres. 



Detailed Statement of Stocks and Bonds. 

Par value. Market value. 

United States bonds, $1,182,000 00 $1,308,145 00 

Chicago, Burl, and Quincy Railroad bonds, . 25,000 00 33,375 00 

Chicago, R. I. and Pacific Railroad bonds, . 25,000 00 33,437 50 

Mil. and St. Paul Railway Company bonds, . 15,000 00 is,825 00 

Chicago, Mil. and St. Paul Railroad bonds, . 25,000 00 28,312 50 

Fargo & Southern Railway Company bonds, . 20,000 00 24,600 00 

Chicago and No. Western Railway Co. bonds, 50,000 00 59,625 00 

Albany and Susquehanna Railroad bonds, . 25,000 00 30,875 00 

Denver and Rio Grande Railway Co. bonds, . 25,000 00 29,750 00 

Hannibal and St. Joseph Railroad bonds, . 10,000 00 12,000 00 

Chic, St. Louis & New Orleans R.R. bonds, . 25,000 00 28,812 50 

Lake Shore and Mich. Southern Ry. Co. bonds, 25,000 00 31,845 00 

Long Island Railroad bonds, .... 15,000 00 17,100 00 

Michigan Central Railroad bonds, . . . 55,000 00 68,750 00 

Mil., Lake Shore & Western Ry. Co. bonds, . 15,000 00 17,775 00 

N. Y. Central & Hudson River R. R. bonds, . 50,000 00 62,000 00 

Northern Pacific Railroad bonds, . . . 25,000 00 29,687 50 

Union Pacific Railroad bonds, .... 50,000 00 56,250 00 

Rome, Watertown & Ogdensburg R. R. bonds, 10,000 00 10,825 00 



244 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 

Par value. Market value. 

St. Paul, .Minn. & Manitoba Railway bonds, . $16,000 00 $18,500 00 

Dry Dock, E Broadway & Battery R. R. bond-. 10,000 00 11,125 00 

Mississippi State bonds 20,000 00 20,000 00 

National Park Bank stock, .... 5,000 00 "J 00 



11,723,000 00 $1,900,075 00 



Securities held as collateral for cash loans : — 
Metropolitan Elevated Railway Co. bonds, 



Market value. Loaned thereon. 

L55 00 f 6,500 00 



Summary of Assets Dec. 31, 1888. 



Cash value of unencumbered real estate, 

Loans on mortgage of real estate (first liens *), 

Interest due or accrued thereon, 

Stocks and bonds, as per schedule, . 

Loans on collateral security, as per schedule, . 

Cash in the office of the company, . 

Cash deposited in bank, 

Interest due and accrued, 

Premiums in course of collection (gross), 

Rents due and accrued, 

Gross assets, 

Deduct special deposits in other States, . 

Balance 



-i,000 00 

84,500 00 

2,180 00 

1,960,675 00 

10 00 

21, 

22,613 50 

195 00 

149,340 90 

2,216 70 



- $2,829,524 

is 1,787 50 

. 62,047,737 35 



Liabilities. 



Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Losses disputed or resisted, 

Total amount of losses, 
Less re-insurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding 
Commissions and brokerage, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, 
Paid-up capital, 

Surplus over capital, . 



risks, 



|26,325 13 

30,513 13 
14,629 04 

$71,467 30 

4,248 01 

$67,219 29 

1,015,054 30 

20,806 18 

81,103,079 77 
39,425 09 



1,063,654 68 

. £1,584,082 67 

. 1,000,000 00 

. $584,082 67 



* Vuloe of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$55,000 00 
86,500 00 
68,000 00 



1888.] 



INS. COS. OF OTHER STATES. 



245 



Income. 

Fire premiums outstanding Dec. 31, 1888, 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less re-insurance and return premiums, 
Net cash fire premiums received, 
Interest received on mortgages, 



$1,197,700 32 

4,874 98 
Interest and dividends received from all other sources, . . 110,025 12 



$152,212 20 
1,543,314 48 

$1,695,526 68 
149,340 90 

$1,546,185 78 
348,485 46 



Gross cash income, $ 1,3 12,600 42 



Expenditures. 

Cash paid for fire losses, . . 
Deduct salvage and re-insurance, 
Net cash paid for fire losses, . 



$694,584 28 
61,999 49 



$632,584 79 



Cash dividends paid, 100,000 00 

Cash paid for commissions and brokerage, .... 171,526 86 

for salaries of officers and employees, . . . 85,758 47 

for State and local taxes, 24,350 64 

for incidentals, 172,082 14 



Gross cash expenditures, 



. $1,186,302 90 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



$202,392,128 00 $1,780,618 00 
176,519,853 00 1,543,314 48 



$378,911,981 00 $3,323,932 48 
155,888,346 00 1,308,691 74 



$223,023,635 00 $2,015,240 74 
11,764,123 00 127,540 80 



$211,259,512 00 $1,887,699 94 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, .... 



$21,629,828 00 

10,792,767 00 

606,337 00 

2,001,000 00 

100,000 00 

228,700 00 



246 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



"GIRARD FIRE AND MARINE INSURANCE COMPANY," 
PHILADELPHIA, PA. 

[Incorporated March, 1853. Commenced business May, 1853.] 

Paid-up Capital, $300,000. 

Alfred S. Gillett, President. Edwin F. Merrill, Secretary. 



Detailed Statement of Stocks 



United States bonds, 

Louisville city bonds, .... 
St. Louis city and county bonds, 
Union Pacific Railroad bonds, . 
Connecting Railroad bonds, 
Pennsylvania Railroad bonds, . 
Philadelphia, Wil. and Bait. Railroad bonds, 
Camden and Amboy Railroad bonds, 
Lehigh Navigation Company bonds, 
Lancaster and Reading Railroad bonds, . 
North Pennsylvania Railroad bonds, 
Phil a. and Reading Railroad Car Trust bonds 
Topeka city bonds, ..... 
Philadelphia and Reading Railroad bonds, 
Phila. and Darby Pass. Railway bonds, . 
Zanesville and Ohio Railroad bonds, 
Lower Merion Gas Company stock, . 
Holmesburg Water Company stock, 

Illinois State bonds, 

Girard Fire and M. Ins. Co. stock, $50,165 00 



Securities held as collateral for cash loans : — 

35 shares ..Etna Insurance Company, Hartford, 

Mortgages assigned, 

100 shares Schraeder M. and M. Company, 

Mortgage assigned, 

Allegheny Valley Railroad bonds, . 



and Bonds. 

Par value. 

$92,000 00 

10,000 00 

10,000 00 

5,000 00 

10,000 00 

10,000 00 

40,000 00 

lo,000 00 

11,000 00 

10,000 00 

5,000 00 

35,000 00 

10,000 00 

2,000 00 

2,250 00 

10,000 00 

6,500 00 

1,000 00 

1,000 00 



Market value. 

$113,760 00 
11,500 00 
11,800 00 
5,800 00 
11,700 00 
13,100 00 
40,800 00 

12,760 00 

11,000 00 
6,650 00 

36, 

10,275 00 
1,540 00 
1,800 00 

10,250 00 
6,60s 34 
1,000 00 
1,01 



§283,750 00 


L9.795 84 


Market value. 


Loaned thereon. 


$8,575 00 


$2,500 00 


14,800 00 


11.700 00 


3,900 00 ) 
10,000 00 S 


5,800 00 


1,110 00 


600 00 



$38,385 00 $20,600 00 



Summary of Assets Dec. 31, 1888. 

Cash value of unencumbered real estate, . $296,000 00 

Loans on mortgage of real estate (first liens *), 638,683 33 
Interest due or accrued thereon, . . . 11,668 67 



* Total value of property mortgaged, 
Amount of insurance held as collateral, 



$2,116,724 00 
349,625 00 



1888.] 



INS. COS. OF OTHER STATES. 



247 



Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for fire risks, 
Rents due and accrued, .... 
Perpetual insurance deposit, 

Gross assets, 



$319,795 84 

20,600 00 

30,822 77 

51,461 56 

333 00 

37,656 80 

912 54 

1,830 24 

1,629 00 



$1,411,393 75 



Liabilities. 
Losses claimed and reported, 
Losses disputed or resisted, 

Total amount of losses, 
Less re-insurance, 

Net amount of unpaid losses, 
Unearned premiums on outstanding risks 
Reclaimable on perpetual fire policies, 
Due and accrued for rent, salaries, etc., 
State and local taxes, 
Commissions and brokerage, . 
Return premiums and re-insurance, 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, 

Surplus over capital, . 



$25,490 81 

700 00 

$26,190 81 

1,192 75 

$24,998 06 

280,167 74 

219,679 09 

823 49 

162 88 

8,795 73 

2,222 43 



536,849 42 

$874,544 33 
300,000 00 

$574,544 33 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less re-insurance and return premiums, 
Net cash fire premiums received, 
Interest received on mortofajres, 
Interest and dividends received from all other 
Income from rents, .... 
Deposits received for perpetual fire risks 
Gross cash income, 



$48,619 19 
421,003 97 

$469,623 16 
38,569 34 

$431,053 82 
52,688 93 



sources, 



$34,379 24 



$378,364 89 

33,401 22 

19,013 55 

«s,248 54 

$439,028 20 



248 FIRE, MARINE, AND FIRE-MARINE [Dec 31, 

Expenditures. 



Cash paid for fire losses, 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, ..... 

Deposits returned on perpetual fire risks, 

Gross cash expenditures, .... 

Risks and Premiums. 



1170,605 08 

4,411 14 




Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 

Perpetual risks in force (included above), 



I 59 

75,000 00 
72310 75 
46,440 25 

11,486 01 
24,040 15 

|S96,27I 

Premiums. 

.^00,060,728 00 §704.700 11 
. 49,592,786 00 421,003 97 



?9,425 86 



. $99,653,514 00 §1,175,754 08 
. 35,215,689 00 7 96 



.$64,437,825 00 $810,116 12 
. 2,604,234 00 27 



.,833,591 00 - ' 50 

. $9,949,238 00 |244,087 00 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year, .... 
Companj's stock owned by directors, .... 



$8,068,886 00 

3,40S,046 00 

167, 1*5 00 

1,269,196 00 

75,000 00 
71,600 00 



" GLEN'S FALLS INSURANCE COMPANY/' GLENS FALLS. N. Y. 

[Incorporated May, 1849. Commenced business May, 1850.] 
Paid-up Capital, $200,000. 

R. M. Little, President. J. L. Cunningham, Secretary, 



Detailed Statement of Stocks and Bonds. 

Tar value. 

$230,000 00 
180,000 00 
80,000 00 
15,000 00 
96,000 00 
10,000 00 



United States bonds, .... 

New York Central & Hud. Riv. R. R. bonds, 
New York and Harlem Railroad bonds, . 
Syr., Binghamton & New Y"ork Railroad bonds 
Hudson River Pulp and Paper Co. bonds, 
First National Bank, Glen's Falls, stock, 



Market value. 

$293,250 00 

240,300 00 

104. 40<) 00 

19,800 00 

96,960 00 

17.500 00 



f611,000 00 8772.210 00 



1888.] 



INS. COS. OF OTHER STATES. 



249 



Securities held as collateral for cash loans : — 
Morris and Essex Railroad bonds, . 



Market value. Loaned thereon. 

£4,380 00 §3,000 00 



Summary of Assets Dec. 31, 1888. 



Cash value of unencumbered real estate, 

Loans on mortgage of real estate (first liens*), 

Interest due or accrued thereon, 

'Stocks and bonds, as per schedule, . 

Loans on collateral security, as per schedule, 

Cash in the office of the company, . 

Cash deposited in bank, .... 

Interest due and accrued, .... 

Premiums in course of collection (gross), 

[Notes taken for fire risks, 

Premiums more than 3 months due, . $4,511 63 

Gross assets,f 

Deduct special deposits in other States, . 



Balance, $1,658,408 93 



$13,000 00 

648,842 75 

3,845 87 

772,210 00 

3,000 00 

3,834 73 

180,711 99 

525 00 

44,938 59 

250 00 



$1,671,158 93 
12,750 00 



Liabilities. 
Losses adjusted, unpaid, .... 
Losses claimed and reported, . 
Losses disputed or resisted, 

Total amount of losses, .... 
Less re-insurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Reserved for sinking fund, 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, . 



87,825 70 

14,086 00 

7,150 53 

$29,062 23 
2,501 05 

$26,561 18 

516,012 59 

7,417 53 

10,000 00 

$559,991 30 
5,672 78 



554,318 52 

$1,104,090 41 
200,000 00 

$904,090 41 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Same not collected, 

Net collected, 



$34,586 92 
3,256 61 

$31,330 31 



* Total value of property mortgaged, $1, '228,350 00 

Amount of insurance held as collateral 671,755 00 

f Including $200,000 special reserve fund, held under New York law. 



250 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 



5,588 72 



|636,919 03 

49,450 22 



Entire premiums collected, .... §587,40 - 
Less re-insurance and return premiums, . . 97,712 69 

Net cash fire premiums received, . . . 

Interest received on mortofaffes, ...... 

Interest and dividends received from all other sources, . 
Income from rents, 



Gross cash income, 



1,756 12 

36,111 78 

41,932 06 

M 00 

$568,149 96 



Expenditures. 

Cash paid for fire losses, . 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, 



$309,748 52 
25,082 97 



Gross cash expenditures, 



$284,665 55 
20,000 00 
98,449 12 
39,848 49 
11,24. 

$492,504 51 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Risks and Premiums. 

Tremiums. 

§103,085,584 00 §1,031,432 30 
60,848,752 00 605,588 72 



Total, . . . • . 
Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



§163,934,336 00 §1,637,021 02 
58,551,875 00 588,266 38 



8105,382,461 00 $1,048,754 64 
2,943,842 00 35,471 08 



$102,438,619 00 $1,013,283 56 



Miscellaneous. 

Premiums received from organization of company, 

Losses paid from organization of company, 

Fire losses incurred during the year, 

Cash dividends declared from organization of company 

Dividends declared during the year (10 per cent.), . 

Company's stock owned by directors, . . . . 



?8,652,576 00 

4,564,064 00 

266,844 00 

44(1.000 00 

20,000 00 

77,380 00 



1888.] 



INS. COS. OF OTHER STATES. 



251 



-THE GRAND RAPIDS FIRE INSURANCE COMPANY," GRAND 

RAPIDS, MICH. 

[Incorporated Sept. 22, 1882. Commenced business Nov. 1, 1882.] 
Paid-up Capital, $200,000. 

Julius Houseman, President. S. F. Aspinwall, Secretary. 



City of Grand Rapids school bonds, . 
City of Eaton school bonds, 



Detailed Statement of Bonds. 

Par value. 

$23,950 00 
1,500 00 



Market value. 

§23,950 00 
1,500 00 



$25,450 00 $25,450 00 



Securities held as collateral for cash loans : — 

65 shares Old National Bank, . 

145 " National City Bank, 

252 " Fourth National Bank, . 

16 " Grand Rapids National Bank, 

580 " TViddecomb Furniture Company, 

400 " Grand Rapids Chair Company, 

115 " Hastings National Bank, 

20 " Grand Rapids Savings Bank, . 

15 " Grand Rapids National Bank, 

10 " Kent County Savings Bank, . 



Market value. 

$8,125 00 

18,125 00 

27,740 00 

2,240 00 

21,750 00 

10,000 00 

16,100 00 

1,150 00 

2,100 00 

600 00 



Loaned thereon. 

$5,900 00 

14,500 00 

21,500 00 

1,200 00 

9,000 00 

5,000 00 

10,000 00 

2,700 00 
400 00 



$107,930 00 $70,200 00 



Summary of Assets Dec 
Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, . 
Premiums in course of collection (gross), 
Gross assets, 



31, 1888. 

$3,200 00 

168,500 00 

2,822 50 

25,450 00 

70,200 00 

55 33 

19,987 42 

1,981 50 

9,507 20 



$301,703 95 



Liabilities. 



Losses adjusted, unpaid, . 
Losses claimed and reported, 



$905 39 
6,744 61 



* Value of lands mortgaged, . 
Vulue of buildings thereon, 
Amount ofinsurance held as collateral, 



$:H7,000 00 
281,500 00 

153,600 00 



252 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, 



1,694 14 

1,47- 



-.720 79 

-,983 1G 
200,000 00 

$35,983 16 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Xet cash fire premiums received, 

Interest and dividends received from all sources, 



$6,775 20 
126,278 43 

$133,053 63 

9,507 20 

$123,540 4: J , 
18,138 35 



$105,408 08 
15,099 64 



Gross cash income, 



Expenditures. 

Cash paid for fire losses, ..... 

Deduct salvage and re-insurance, 

Xet cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, .... 

Gross cash expenditures, .... 



$58,710 47 
4,197 74 



1 

10,000 00 
28,153 92 

6,015 00 
2.178 97 

12 



Risks and Premiums. 

Premiums. 

Fire risks outstanding Dec. 31, 1887, . . $6,443,427 00 
Fire risks written during 1888, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 



9,521,326 00 12 



§ 15,964,753 00 $219,2 
7. 539,1 4 8 00 



$8,425,605 00 $113,681 78 
147,275 00 2,:V. 



Xet amount in force, . 



30 00 $111,38 



1888.] 



INS. COS. OF OTHER STATES. 



253 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (5 per cent.), . 
Company's stock owned by directors, .... 



$417,587 00 
177,326 00 
56,831 00 
10,000 00 
10,030 00 
98.500 00 



"GRANITE STATE TIRE INSURANCE COMPANY," 
PORTSMOUTH, N. H. 

[Incorporated July 17, 1885. Commenced business Nov. 12, 1885.] 

Paid-up Capital, $200,000. 

Frank Jones, President. Alfred F. Howard, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par value. Market value. 

Carroll County, N. H , bonds, .... $200 00 $200 00 

Harrisville, N. H., town bonds, . . . 15,000 00 15,900 00 

Manchester, N. H., city bonds, .... 100,000 00 107,500 00 

Fort Plain, N. T., Water Company bonds, . 10,000 00 10,500 00 

New Hampshire Trust Company bonds, . . 15,000 00 15,000 00 

New York and New England Railroad bonds, 10,000 00 12,100 00 

Xenia, O., Water Company bonds, . . . 6,000 00 6,000 00 

St. Cloud Gas and Electric Company bonds, . 5,000 00 5,000 00 

120 shares Lake National Bank, Wolfboro, . 12,000 00 12,600 00 

100 " Dover Gas Light Company, Dover, 2,500 00 3,000 00 

1 " Worcester, Nashua & Roch. R. R., . 100 00 125 00 

77 li Eastern Railroad, .... 7,700 00 9,548 00 

50 " Nat. Loan & Trust Co., Kan. City, . 5,000 00 5,000 00 



$188,500 00 $202,773 00 
Securities held as collateral for cash loans : — 

Market value. Loaned thereon. 

Chippewa Falls, Wis., Water Works Co. bonds, $3,000 00 $2,480 00 



Summary of Assets Dec. 31, 1888. 

Loans on mortgage of real estate (first liens *), $106,250 00 

Interest due or accrued thereon, . . . 2,136 09 

Stocks and bonds, as per schedule, . . . 202,773 00 

Loans on collateral security, as per schedule, . 2,480 00 

Cash in the office of the company, . . . 279 10 

Cash deposited in bank, 43,768 23 



Value of lands mortgaged, 

Value of buildings thereon, 

Amount of insurance held as collateral, 



$12:5,500 00 
157,000 00 
137,000 00 



254 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Interest due and accrued, 

Premiums in course of collection (gross), 
Premiums more than 3 months due, $500 78 
Gross assets, 



$3,189 47 
42,028 08 



$402,903 97 



Liabilities. 



Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Losses disputed or resisted, 

Total amount of losses, 
Less re-insurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, 

Surplus over capital, . 



risks 



$4,141 97 

14,119 00 

1,500 00 

$19,760 97 
5,920 33 

$13,840 64 

170,943 90 

7,034 42 



191,818 96 

1211,085 01 

200,000 00 

$11,085 01 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 



$66,747 74 
372,593 14 

§439,340 88 
42,028 08 

$397,312 80 
115,971 69 



$281,341 11 

6,801 47 

10,930 94 



Gross cash income, 8299,07 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 



$201,602 28 
17,228 58 



$184,373 70 

44,238 38 

11,874 00 

6,079 96 

22.366 39 



Gross cash expenditures, $268,932 4£ 



1888.] 



INS. COS. OF OTHER STATES. 



255 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



. $23,091,311 00 
. 27,046,185 00 



. $50,137,496 00 
. 20,847,607 00 

. $29,289,889 00 
. 4,669,791 00 



Premiums. 

$311,312 99 
372,593 14 

$683,906 13 
299,846 80 

$384,059 33 
63,924 29 



$24,620,098 00 $320,135 04 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, 
Fire losses incurred during the year, 
Company's stock owned by directors, 



$935,132 00 
371,984 00 
181,280 00 
106,000 00 



" THE GREENWICH INSURANCE COMPANY," NEW YORK, N. Y 

[Incorporated May 5, 1834. Commenced business Jan. 1, 1835.] 
Paid-up Capital, $200,000. 

Samuel C. Harriot, President. Mason A. Stone, Secretary. 



Detailed Statement of Stocks 



United States bonds, 

District of Columbia bonds, 
N. Y. Central and Hudson River R. R. bonds, 
Harlem River and Port C. Railroad bonds, 
Albany and Susquehanna Railroad bonds, 
West Shore Railroad bonds, . . . 
Oswego and Syracuse Railroad bonds, 
Buffalo and Erie Railroad bonds, 
Rensselaer and Saratoga Railroad stock, 
National Broadway Bank stock, 
Consolidated Gas Company stock, . 



and Bonds. 

Par value. 

$185,000 00 

125,000 00 

150,000 00 

10,000 00 

80,000 00 

50,000 00 

53,000 00 

9,500 00 

35,500 00 

17,500 00 

60,000 00 



Market value. 

$234,950 00 
151,875 00 
186,250 00 
12,200 00 
98,800 00 
51,500 00 
56,047 50 
11,542 50 
60,350 00 
50,312 50 
49,200 00 



$775,500 00 $963,027 50 



Securities held as collateral for cash loans : — 

27 shares United States Life Insurance Co., . 
2 " Park Fire Insurance Company, 
Peoria, Decatur and Evansville R. R. bonds, . 
St. Louis and Chicago Railroad bonds, . 
Toledo, Ann Arbor and N. M. Railroad bonds, 

20 shares Chatham Bank, .... 



Market value. 

$1,215 00 

110 00 

6,210 00 

1,200 00 

992 50 

1,100 00 



Loaned thereon. 

$850 00 

100 00 

5,000 00 

2,800 00 



256 



FIRE, MARINE, AND FIKE-MARINE [Dec. 31, 



Market value. Loaiu-d thereon. 



15 shares Hanover National Bank, . 

100 " Missouri Pacific Railroad, 

200 " Morris & Essex Railroad, 

5 " People's Fire Insurance Company, 

17 '• North River Bank, .... 

12 " Niagara Fire Insurance Company, . 

500 " Western Union Telegraph Co., 

200 " New Jersey Central Railroad, 



|3,37o 00 

7,300 00 

11,400 00 

I 00 

7U 00 

826 50 

42,000 00 

19. 

$99,143 00 



$1,000 00 

50 00 
9,000 00 
151 

00 



$73,850 00 



Summary of Assets Dec. 31, 1888. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stock and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
( ash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 
Rents due and accrued, .... 
Re-insurance due from other companies 
Prem's more than 3 months due, . §2,200 00 
Gross assets, ...... 



$170,000 00 

18,100 00 

W 00 

963,027 50 

16,867 27 

_' 17 
104 

111,677 80 

1,043 61 

961 66 

1,01- 75 



."-Ml 31 



Liabilities. 
Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Losses disputed or resisted, 

Total amount of losses, 

Less re-insurance. .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
State and local taxes, 
Commissions and brokerage, . 
Return premiums, .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Raid-up capital, 



Surplus over capital, 



$4,595 84 

205,617 62 

19,691 19 

8229.904 Qo 
-.524 20 

$191,380 45 

621,905 57 
2,000 00 

24,500 00 
500 00 



840,286 02 

"..325 29 
200,000 00 

525 29 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$33,500 00 
20,000 00 
1S,500 00 



1888.] 



INS. COS. OF OTHER STATES. 



257 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Xet cash marine premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, etc., .... 



Gross cash income, 



$89,244 28 
804,924 99 

$894,169 27 
94,291 68 

$799,877 59 
123,915 49 



$21,920 26 
238,907 07 

$260,827 33 
20,629 73 

$240,197 60 
13,656 65 



sources, 



175,962 10 



226,540 95 

1,041 00 

39,757 10 

11,690 08 

$954,991 23 



Expenditures. 
Cash paid for fire losses, . 
Deduct salvage and re-insurance, 
Xet cash paid for fire losses, . 

Cash paid for marine and inland losses, 

Deduct salvage and re-insurance, 

Xet cash paid for marine and inland losses, . 

Cash dividends paid, 

( ash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, 

(iross cash expenditures, .... 



$689,773 15 
221,268 41 

$130,209 85 
11,772 82 



|468,504 7-1 



8118,437 OS 

20.000 00 
223,002 32 

56.001 52 
8,833 32 

43,194 24 

$937,973 17 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Xet amount in force, . 



$193,227,748 00 
. 176,047,192 00 

$369,274,940 00 
.157,166,778 00 

$212,108,162 00 
. 7,551,912 00 



Premiums. 

$996,754 26 
804,924 99 

$1,801,679 25 
747,642 90 

|1,054,036 35 

61,928 16 



$204,556,250 00 $992,108 19 



258 FIRE, MARINE, AND EIRE-MARINE [Dec. 31, 



Marine risks outstanding Dec. 31,1887, 
Marine risks written during 1888, . 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



Premium*. 

. $2,979,073 00 $52,242 35 

. 104,988,909 00 238,907 07 



$107,967,982 00 $291,149 42 
. 102,982,015 00 185,408 17 



. $4,985,967 00 $105,741 25 
329,333 00 5,307 71 



. $4,656,634 00 $100,433 54 



Miscellaneous. 

Premiums received from organization of company, . . $8,014,940 00 

Losses paid from organization of company, .... 4,842,402 00 

Fire losses incurred during the year, 584,507 00 

Marine and inland losses incurred during the year, . . 99,809 00 

Cash dividends declared from organization of compauy, . 1,950,000 00 

Dividends declared during the year (10 per cent.), . . . 20,000 

Company's stock owned by directors, 70,425 00 



« GUARDIAN FIRE INSURANCE COMPANY," NEW YORK, N. Y. 

[Incorporated February, 1865. Commenced business February, 1865.] 
Paid-vp Capital, $200,000. 

Walter K. Paye, President. James C. Stkvkhs, fkcretary. 



Summary of Assets Dec. 31, 1888. 



Loans on mortgage of real estate (first liens *), 
District of Columbia bonds. 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Gross assets. 



$3,000 00 

247 jXX) 00 

1,337 35 

6,507 81 

8,824 32 



$2G6.Gti: 



Liabilities. 

Losses claimed and reported, .... $7,950 00 

Losses disputed or resisted, .... 3,300 00 

Unearned premiums on outstanding risks, . 40,066 51 

Due and accrued for rent, salaries, etc., . . 600 00 

* Value of lands mortgaged $5,000 00 

Value of buildings tbereon 10,000 00 

Amount of insurance held as collateral, 7,000 00 



1888.] 



INS. COS. OF OTHER STATES. 



259 



Due for borrowed money, 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, .... 



Impairment of capital, 

Income. 

Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, . 



$30,000 00 
865 00 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from all other sources, 



Gross cash income, 



Expenditures. 
Net cash paid for fire losses, . 
Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 

Gross cash expenditures, . 

Risks and Premiums. 



$8,118 60 
61,336 51 

$69,455 11 
8,824 32 



,630 79 
8,603 66 



sources, 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
1 )educt amount re-insured, 

Net amount in force, 



.$11,823,469 00 
. 8,642,160 00 

. $20,465,629 00 
. 10,931,438 00 

. $9,534,191 00 
477,698 00 



$82,781 51 

$183,887 97 
200,000 00 

$16,112 03 



$52,027 13 
180 00 

8.200 00 

1.201 07 

$61,608 80 



$57,983 57 

6,504 11 

9,503 94 

848 27 

8,123 95 

$82,963 84 

Premiums. 

$95,998 85 
61,336 51 

$157,335 36 
71,289 44 

$86,045 92 
3,928 03 



. $9,056,493 00 $82,117 89 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Company's stock owned by directors, . 



$1,793,987 00 

1,103,380 00 

55,112 oo 

257,000 00 
85,000 00 



260 FIRE, MARINE, AM) FIRK-MARJXK [Dec.31, 



"HANOVER FIRE INSURANCE COMPANY," NEW YORK, X. V. 

[Incorporated April, 1852. Commenced business April, 1852.] 
Paid-up Capital, $1,000,000. 
Benjamin S. Walcott, President. I. Remsen Lane, Secretary. 



Detailed Statement of Stocks 



United States bonds, 
Georgia State bonds, 
Richmond, Va., city bonds, 
New York and Harlem Railroad bonds, 
Erie Railway bonds, .... 
Union Pacific Railroad bonds, . 
Cairo and Fulton Railroad bonds, . 
New York Elevated Railroad bonds, 
Kansas Pacific Railroad bonds, 
Richmond and Allegheny Railroad bonds, 
Flint and Pere Marquette Railroad bonds, 
Chicago, Milwaukee and St. Paul R. R. bonds 
Chicago, Burlington and Quincy R. R. bonds, 
Norfolk and Western Railroad bonds, 
Richmond and Danville Railroad bonds, 
New York, Chicago and St. Louis R. R. bonds 
Milwaukee and St. Paul Railroad bonds, . 
Missouri, Kansas and Texas Railroad bonds, 
St. Louis and Iron Mountain Railroad bonds, 
Chicago, Milwaukee and St. Paul R. R. bonds 
Louisville, N. A. and Chicago R. R. bonds, 
Cinn., Ind., St. Louis and Chic. R. R. bonds, 
Louisville and Nashville Railroad bonds, 
West Shore Railroad bonds, 
Pennsylvania Company bonds, . 
100 shares Rensselaer & Saratoga Railroad, 
100 ' 
110 ' 
200 ■ 
100 ' 
500 ' 
500 ' 
75 
150 ' 
100 ' 
200 ' 



Chic, Burlington & Quincy R. R., 
Chic, Rock Island & Pacific R. R.. 
Chicago & Northwestern 11. R., 
Lake Shore & Mich. Southern R. R 
X. Y. Central & Hudson Riv. R, R 
Delaware and Hudson Canal Co., 
Metroj)olitan National Bank. . 
American Exchange Natl Bank. 
Central Trust Company, . 
Consolidated Gas Company. X. Y.. 



and Bonds. 

Par value. 

$845,000 00 f 1 
25,000 00 
50,000 00 
25,000 00 
54,000 00 
75,000 00 
25,000 00 
20,000 00 
50,000 00 
25,000 00 
30,000 00 
25,000 00 
25,000 00 
5,000 00 
25,000 00 
30,000 00 
6,000 00 • 
5,000 00 
5,000 00 
20,000 00 
15,000 00 
30,000 00 
50,000 00 
100,000 00 
30,000 00 
10,000 00 
10,000 00 
11.000 00 
20,000 00 
10,000 00 
50,000 00 
,000 00 
7.500 00 
15,000 00 
10,000 00 
20,000 00 



Market value. 

,050 
26,968 75 

."4.250 00 
32,875 00 
74,115 00 
87,000 00 
2G,500 00 
23,800 00 
56,000 00 
14,812 50 
36,000 00 
26,250 00 
24,281 25 

5,837 50 
29,500 00 
27,562 50 

7,140 00 
50 00 

5,450 00 
20,050 00 
13,987 50 
28,687 50 
54,500 00 
105,000 00 
39,060 00 
17,000 00 
11,000 
10,807 50 
21,650 00 
10,400 00 
54,125 00 
.500 00 
900 00 
21.825 00 
66,000 00 
1 6.450 00 



$1,814,500 00 $2,176,702 50 



1888.] INS. COS. OF OTHER STATES. 

Securities held as collateral for cash loans : — 
3 shares American Exchange Nat'l Bank, 



261 



Market value. Loaned thereon. 

$436 50 |300 00 



Summary of Assets Dec. 31, 1888. 

Loans on mortgage of real estate (first liens*), 
Interest due or accrued thereon. 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Due for re-insurance, .... 
Premiums more than 3 months due, f8,679 54 

Gross assets, 

Deduct special deposits in other States, . 

Balance, 



188,000 00 

367 50 

2,176,702 50 

300 00 

16,594 46 

66,502 60 

9,734 00 

140,785 31 

4,395 22 



$2,503,381 59 
121,975 00 

$2,381,406 59 



Liabilities. 

Losses adjusted, unpaid, .... 
Losses claimed and reported, . 
Losses disputed or resisted, 

Total amount of losses, .... 
Less re-insur,ance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, . 
Paid-up capital, 

Surplus over capital, .... 



$64,438 31 
35,982 07 
20,697 12 

$121,117 50 
13,566 38 



7,551 12 
905,572 43 
27,704 33 

,040,827 88 
41,054 39 



999,773 49 



. $1,381,633 10 
. 1,000,000 00 

. $381,633 10 



Income. 

Fire premiums outstanding Dec. 31, 1887, . $167,171 80 
Same not collected, 11,027 00 

Net collected, $156,144 80 

* Value of lands mortgaged $81,500 00 

Value of buildings thereon 103,000 00 

Amount of Insurance held as collateral, 81,000 00 



262 FIRE, MARINE, AND FIRE-MARINE [Dec.31, 



Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other sources, 

Gross cash income, 



11,406,660 45 

11,562,805 25 

149,464 85 

fl,413340 40 
165,324 99 



- $1,248,015 11 
4,410 CXI 
87,021 

. $1,339,447 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, 

' Gross cash expenditures, .... 



|775,903 98 
1,584 13 



100,00" 
233,507 47 
142,820 40 
26, 
108.444 51 

$1,347,501 24 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Risks and Premiums. 

Premiums 

$190,037,512 On $1330,201 71 

. 105,287,207 00 1,406,660 45 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



$301,324,719 00 $3,236362 10 
.158,750,013 00 1,383,848 78 



$202,574,706 00 $1,853,013 38 
. 10,334,168 00 71^83 13 



$192,240,538 00 §1,781.130 25 



Miscellaneous. 
Premiums received from organization of company. 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
( ash dividends declared from organization of company 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors. 



$20386,985 00 

11,168,122 00 
752,157 00 
1,809,500 00 
100,000 00 
121,300 00 



1888.] 



INS. COS. OF OTHER STATES. 



263 



"HARTFORD FIRE INSURANCE COMPANY," HARTFORD, 

CONN. 

[Incorporated May, 1810. Commenced business August, 1810.] 

Paid-up Capital, $1,250,000. 

Geo. L. Chase, President. P. C. Royce, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par value. Market value. 

511 shares Hartford National Bank, Hartford, §51,100 00 $ 80,738 00 

467 " Phoenix National Bank, Hartford, 46,700 00 58,375 00 

100 " Con. River Banking Co., Hartford, 5,000 00 5,000 00 

122 " Far. and Mech. Nafl B'k, Hartford, 12,200 00 12,932 00 

166 " City Bank, Hartford, . . . 16,600 00 15,770 00 

300 " American Nat'l Bank, Hartford, . 15,000 00 19,800 00 

200 " Charter Oak Nat'l Bank, Hartford, 20,000 00 21,000 00 

150 " Mercantile Nat'l Bank, Hartford, . 15,000 00 13,500 00 

172 " First National Bank, Hartford, . 17,200 00 17,716 00 

315 " ^Etna National Bank, Hartford, . 31,500 00 33,705 00 

230 " Conn. Trust & Safe Dep. Co , Hart , 23,000 00 32,200 00 

300 " Bank of America, New York, . 30,000 00 54,600 00 

100 " Bank of North America, N. York, 7,000 00 10,500 00 

100 " Nat'l Bank of Commerce, N.York, 10,000 00 18,000 00 

200 " American Exch. Nat'l Bank, N. Y , 20,000 00 28,800 00 

300 " Imp. and Trad. Nat'l Bank, N. Y., 30,000 00 150,000 00 

200 " Manhattan Company Bank, N. Y., 10,000 00 17,000 00 

334 " Merchants' Nat'l Bank, New York, 16,700 00 24,215 00 

225 " Metropolitan Nat'l Bank, N. York, 22,500 00 2,250 00 

39 " Atlantic National Bank, Boston, . 3,900 00 5,187 00 

106 " Blackstone National Bank, Boston, 10,600 00 11,766 00 

125 " Boylston National Bank, Boston, . 12,500 00 17,125 00 

24 " Hide & Leather Nat'l B'k, Boston, 2,400 00 2,928 00 

32 " Nafl Bank of Commerce, Boston, 3,200 00 4,000 00 

100 " First National Bank, Boston, . 10,000 00 23,800 00 

109 " Second National Bank, Boston, . 10,900 00 17,494 00 

50 " First National Bank, Albany, . 5,000 00 8,500 00 

150 " Bank of Montreal, Montreal, . 30,000 00 66,750 00 

65 " Ontario Bank, Bowman ville, . 6,500 00 8,125 00 

120 " Connecticut River Company, . 12,000 00 3,000 00 

20 " Connecticut River Railroad, . . 2,000 00 3,900 00 

780 " N. Y, N. H. and Hartford R, R., . 78,000 00 187,200 00 

660 " Chicago, Burl, and Quincy R. R., . 66,000 00 73,260 00 

220 " Chicago, Rock I. and Pacific R. R., 22,000 00 22,000 00 

700 " Chicago and Northwestern R. R., . 70,000 00 82,700 00 

770 " Chicago, Mil. and St. Paul R. R., . 77,000 00 64,2X0 00 

200 " Union Pacific Railroad, . . . 20,000 00 12,800 00 



264 



FIRE, MARINE, AND FIRE-MARINE [Doc 31, 



1000 shares Conn, and Passumpsic River R.R., 

500 " N. Y. Central and II. River R. R, 

United States bond- 

Tennessee State bonds, 
Alabama State bonds, 
South Carolina State bonds, 
Minnesota State bonds, 
Toledo, O., Water Works bonds. 
Memphis city bonds, 
New Brunswick, N. J., city bonds, . 
Pawtueket, R. I., town bonds, . 
Dubuque, Io., city bonds, . 
Harlem River and Port Chester R. R. bond-. 
Chicago and Western Indiana Railroad bonds 
Minneapolis Union Railway bonds, . 
Cleveland, Col., Cin. and Ind. Railway bond- 
Cleveland, Col., Cin. and Ind. Railway bonds 
Nashville and Decatur Railroad bonds, . 
Indianapolis and Vineennes Railway bonds, 
Chicago and Northwestern Railroad bond.-. 
Albany and Susquehanna Railroad bond-. 
Northern Pacific Railroad bonds. 
N. Y. Central and Hudson River R. R, bond-. 
West Shore Railroad bonds, 
Chicago, Burlington and Quinev R. R. bond-. 
New York and New England R. R. bonds, 
City of Tndiapapolis Belt Railroad bond-. 
Pittsburgh, Cin. and St. Louis Railroad bonds 
Louisville, Frankfort and Lex. R. R. bonds, 
Cin., Ind., St. Louis and Chicago R. R. bonds, 
Detroit, Lansing and Northern R. R. bonds, 



Par value. 

$100,000 00 
■.000 00 
205,000 00 
33,000 00 
10,000 00 
1 1,500 00 
3,000 00 
20,000 00 
900 00 
45,000 00 
75,000 00 
25,000 00 
.".0,000 00 
08,000 00 
50,000 00 
8,000 00 
2G,00(i 
5O.000 00 
32,000 00 
50,000 00 
50,000 00 
49,000 00 
50,000 00 
100,000 00 
50,000 00 
50,000 00 
74,000 00 
75,000 00 
25,000 00 
18,000 00 
50,000 00 



Market value 

$105,000 00 
54,500 00 
221,400 00 
21,120 
1«- 
15,370 
00 00 

qoo 00 

90,000 00 

on 

5,000 00 
76,160 

00 

10,4OO 

31,400 00 
r.l.ooo 00 
37.44" 

58; 

I 00 
104,00 

01.-7" 
80,000 
--.-;:, 00 

-. 
19,530 00 
58,750 00 



$2,347,900 00 $2,912,716 00 



Securities held as collateral for cash loans : — 



414 shares Citizens' Railway, St. Louis, . 
Peoria and Pekin Union Railroad bond- 
Wabash, St. Louis and Pacific R. R. bonds, 
Peoria and Pekin L'nion Railroad bonds, . 
37 shares .Etna Fire Insurance company, 
10 " N. York, N. Haven and Hart. R. R., 
60 " Cleveland and Pittsburgh Railroad, 
36 " Hartford Trust Company, 
20 " Wells Fargo Express Company, 



Market value. 

$28,980 00 ) 

2,800 00 S 

18,000 00 ) 

14,000 00 S 

9,065 00 

2.400 00 ^ 



4.500 00 i 
4.500 00 j 
2,700 00 J 



Loaned thereon. 

|20,000 00 

90, 

6,00< 

00 



$86,945 00 $53,500 00 



1888.] 



INS. COS. OF OTHER STATES. 



265 



Summary of Assets Dec 

Cash value of unencumbered real estate, 

Loans on mortgage of real estate (first liens *) 

Interest due or accrued thereon, 

Stocks and bonds, as per schedule, 

Loans on collateral security, as per schedule, 

( lash in the office of the company, 

Cash deposited in bank, . 

Interest due and accrued, . 

Premiums in course of collection (gross) , 

Rents due and accrued, 

Non-resident tax, 

Gross assets, .... 

Deduct, special deposits in other States, 

Balance, 



31, 1888. 

$543,675 60 

1,183,000 00 

19,623 58 

2,9^716 00 

' J00 00 

>,423 63 

624,778 04 

1,483 33 

425,132 60 

2,572 54 

14,654 85 



|5,790,560 17 
249,999 40 



. $5,540,560 77 



Liabilities. 
Losses adjusted, unpaid, .... 
Losses claimed and reported, . 
Losses disputed or resisted, 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 



Surplus as regards policy holders, . 
Paid-up capital, 



|57,816 52 

130,411 67 

28,804 25 

1,893,654 07 

63,769 89 

52,174,456 40 
158.378 63 



- 2,016,077 77 

. f3,524,483 00 
. 1,250,000 00 



Surplus over capital, $2,274,483 00 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Same not collected, .... 

Net collected, 

Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash fire premiums received, 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$404,067 14 
4,726 24 

$399,340 90 
2,973,813 92 

'3,373,154 82 
425,132 60 



1,948,022 22 
361,525 92 



$2,586,49(1 30 



$1,175,000 00 

1,626,325 00 

930,589 00 



266 



FIRE, MARINE, AND FIRK-MARIXE [Dec. 31, 



Interest received on mortgages, $74,030 <ii 

Interest and dividends received from all other sources, . 155,700 94 

Income from rents, 22,795 47 

Gross cash income, $2,839,02-4 35 



Expenditures. 

Cash paid for fire losses 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

( ;ish paid for commissions and brokerage, 
for salaries of officers and emploj 
for State and local taxes, 
for incidentals, 



11,400,429 66 

01,926 10 
$1 .; 56 

250,000 

110,545 75 

185,149 37 

52,193 49 

194,254 02 



Gross cash expenditures, 



. £2,430,6415 79 



Risks and Premiums. Premiums. 

Fire risks outstanding Dec. 31, 1887, . $287,099,520 00 $3,555,552 20 
Fire risks written during 1888, . . 231,645,990 00 2,973,813 92 



Total. 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured. 

Net amount in force, . 



1518,745,516 00 $6,529,366 12 
19,138,539 00 2,633,828 74 



'•,606,977 00 $3,895,537 38 
6,124,215 00 108,229 24 



£303,482,762 00 $3,787,308 14 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (20 per cent.), 
Company's stock owned by directors, .... 



$55,433,336 00 

34,050,252 00 

1,360,489 00 

5,938,100 00 

■250,000 00 

181,300 00 



1888.] 



INS. COS. OF OTHER STATES. 



267 



"HEKLA FIRE INSURANCE COMPANY," MADISON, WIS. 

[Incorporated March 29, 1871. Commenced business June 7, 1871.] 
Paid-up Capital, $300,000. 

Halle Steensland, President. Wm. R. Freeman, Secretary. 



Securities held as collateral for cash loans : — 

First National Bank, Madison, stock, . . > 
Assignment of mortgage, \ 



Market value. Loaned thereon. 

$10,000 00 f 5,900 00 



Summary of Assets Dec. 31, 1888. 



Cash value of unencumbered real estate, . 
Loans on mortgage of real estate (first liens *)^ 
Interest due or accrued thereon, 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Notes taken for lire risks, .... 

Tax certificates, 

Gross assets, 



$15,095 00 

347,500 00 

13,211 00 

5,900 00 

3,660 15 

57,455 47 

15,380 00 

1,452 77 

1,474 02 



$461,128 41 



Liabilities. 
Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Losses disputed or resisted, 
Unearned premiums on outstanding risks 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, .... 

Surplus over capital, . 



$540 57 

3,575 GO 

3,820 00 

113,363 00 

2,348 29 



123,646 86 

$337,481 ^ 

300,000 00 

$37,481 55 



Income. 

Fire premiums outstanding Dec. 31, 1887, . $16,595 8(5 
Premiums on risks written or renewed, . . 112,179 56 

Total, f 128,775 42 

Premiums now in course of collection, . . 15,481 02 

Net cash fire premiums received, . . . 

Interest and dividends received from all sources, . 

Gross cash income, ........ 



$113,294 40 
28,360 47 

$141,654 87 



* Value of lands mortgaged, 
Value of buildings thereon, 



$1,084,945 00 
270,000 00 



268 



FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

( 'ash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxe 

Gross cash expenditures, .... 



31 98 

4,450 40 



1,081 49 

24,926 17 
lx 
3,277 62 

- 54 



Risks and Premiums. 



Premiums. 



Fire risks outstanding Dec. 31, 1 
Fire risks written during 1888, 

Total, . . . . . 
Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount re-insured, 

Net amount in force, . 



816,664,392 00 $239,212 42 
8,587,481 00 112,179 56 



$ 25,251,873 00 $351,3!' 
8,609,709 On 121,315 69 



£16,642,164 00 $230,076 29 
199,450 00 3,355 00 



$16,442,714 00 $226,721 29 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during: the year, .... 
Cash dividends declared from organization of company, 
Company's stock owned by directors, . 



£1,152,186 00 

701,275 00 

68,124 00 

178,571 00 

123,200 00 



"HOME INSURANCE COMPANY," NEW YORK. N. Y. 

[Incorporated April, 1853. Commenced business April 13, 1853.] 

Paid-up Capital, $3,000,000. 

Daniel A. Heald, President. Wm. L. Bigelow, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par value. 

$1,400,000 00 
850,000 00 



United States bonds, . 

District of Columbia bonds. 

Mississippi State bonds, . 

New York City bonds. 

Richmond, Va., city bonds, 

Topeka, Kan., city bonds,. 

X. Y., L. E. and Western Railroad bonds, 

X. Y., Chicago and St. Louis Railroad bonds, 

New York and Harlem Railroad bonds, . 



20,000 00 
200,000 00 

50,000 00 
122,643 46 
200,000 00 
112,000 00 
100,000 00 



Market value. 

£1.773,350 00 

1,045,500 00 

20,000 00 

214,000 00 

54,000 00 

123.869 89 

212,000 00 

102,480 00 

131,000 00 



1888.] 



INS. COS. OF OTHKK STATES. 



2G9 



Valley Railway Company of Ohio bonds, 
Ohio and West Virginia Railroad bonds, 
Peoria, Decatur and Evans. Railroad bonds, 
Cleve., Col., Cin. and Ind. Railroad bonds, 
Louisville, New Alb. and Chic. R. R. bonds, 
West Shore Railroad bonds, 
Albemarle and Chesapeake Canal bonds, 
Toledo, A. A. & Grand Trunk Railroad bonds 
Dunkirk, Warren and Pitts. Railroad bonds, 
Chic., St. P., Minn, and O. Railroad bonds, 
San. Ant. and Aransas Pass. Railroad bonds, 
Virginia Midland Railroad bonds, . 
Iowa Central Railroad bonds, . 
Jefferson, Mad. and Ind. Railroad bonds, 
1000 shares Fort Wayne & Jackson Railroad, 
1000 " Lake Shore and Mich. So. Railroad 
500 " Chic, St. P., M. & O. Railroad, 
500 " Chic, Mil. and St. Paul Railroad, 
500 " Chicago & Northwestern Railroad 
500 " New York Cent. & H. R. Railroad 
367 " Iowa Central Railroad, . 
200 " Am. Exch. Nat. Bank, New York 
200 " Mercantile Nat, Bank, Xew York 
200 " Bank of America, New York, 
200 " Manhattan Company, New York, 
200 " Merch. Exch. Nat. B'k, New York 
200 " Chatham Nat. Bank, Xew York, 
200 " Nat. Bank of Com., New York, 
200 " Nassau Bank, New York, 
200 " Nat. Butch, and Drov. Bank, N. Y. 
125 " St, Nicholas Bank, New York, 
100 " Hanover Nat. Bank, New York, 
100 " Nat Bank of the Republic, N. Y. 
100 " Fourth National Bank, New York 
200 " Holland Trust Company, 
100 " Franklin Trust Company, 
50 " Metropolitan Trust Company, 



Par value. 

!|100,000 on 

100,000 00 

100,000 00 

100,000 00 

100,000 00 

100,000 00 

100,000 00 

100,000 00 

75,000 00 

50,000 00 

45,000 00 

50,000 00 

25,000 00 

29,000 00 

100,000 00 

100,000 00 

50,000 00 

50,000 00 

50,000 00 

50,000 00 

36,700 00 

20,000 00 

20,000 00 

20,000 00 

10,000 00 

10,000 00 

5,000 00 

20,000 00 

10,000 00 

5,000 00 

12,500 00 

10,000 00 

10,000 00 

10,000 00 

20,000 00 

10,000 00 

5,000 00 



Market value. 

sl< '5,000 00 

113,000 00 

104,000 00 

130,000 00 

115,000 00 

103,000 00 

108,000 00 

106,000 00 

88,500 00 

60,000 00 

40,500 00 

40,000 00 

20,000 00 

33,640 00 

110,000 00 

104,000 00 

46,250 00 

51,750 00 

54,000 00 

54,000 00 

11,010 00 

29,000 00 

34,000 00 

36,000 00 

17,000 00 

11,800 00 

13,100 00 

35,400 00 

15,300 00 

9,000 00 

15,000 00 

22,500 00 

15,200 00 

14,300 00 

42,000 00 

17,200 00 

9,200 00 



$4,762,843 46 £5,609,849 89 



Securities held as collateral lor cash loans: — 



Pitts., Ft. Wayne & (hie. Railroad bonds, 

United States bonds, 

1\ shares Continental National Bank, 
Lack, and Pitts. Railroad receivers certificates 
64 shares Continental National Hank, 
Union Pacific Railroad bonds, . 



.Market value. Loaned thereon. 



$1,480 00 

6,400 00 

960 00 

35.000 00 
8,192 on 
2,320 00 



81.000 (H> 

5.000 00 

260 00 

31,000 00 

o,ooo 00 
2.000 00 



270 FIKE, MAKIXE, AM) FIRE-MARINE [Dec. 31, 



V 



Toledo, A. A. and No. Mich. Railroad bonds, 
Virginia Midland Railroad bonds, . 
Knoxville and Ohio Railroad bonds, 

25 shares American Express Company, 

10 " Wells, Fargo & Co., 
500 " Chatham National Bank, 
Dakota and Great Southern Railroad honds, 

24 shares Pullman Palace Car Company, 
400 " Safety Deposit Co. of New York, 
100 " Second National Bank, New York 
Des Moines and Fort Dodge Railroad bond-. 

Gl shares National Broadway Bank, 

20 " Merchants 1 National Bank, 
5 " Bank of New York, . 

10 " Nineteenth Ward Bank, . 
1 share Alliance Insurance Company, 

30 shares Fourth National Bank, . 

10 " Am. Exchange National Bank, 
200 " N. Y. Central and H. R. Railroad, 
300 " National Bank of the Republic, 
Rochester, Hornellsville & Lack. R. R. bonds 
Metropolitan Ferry Company bonds, 
Albemarle and Chesapeake Canal bonds, 
Des Moines and Fort Dodge Railroad bonds, 
Des Moines and Fort Dodge Railroad boml<. 
200 shares Pullman Palace Car Company., 
200 " Western Union Telegraph Co., 
100 " Missouri Pacific Railroad, 
Col., Hocking Yal. and Toledo R. R. bonds. 



Market value. Loaned;: 

f 4,950 00] 
4,000 00 
1,080 00 

2,750 00 

1,340 00 
,750 00 
960 00 

4,104 00 
12,000 00 
32,000 00 
24,000 00 

4,315 75 > 

1,440 00 

1,150 00 J 

1,000 00 ) 

1,500 00 S 

4,290 00 ) 

1,450 00 \ 

21, GOO 00? 

45,G00 00 S 

15,750 00 

00 

100 00 ) 

2,400 00 l 

2,400 00 
34,200 00^ 



$11,000 

13,000 00 

450 <>0 

2.5" » 00 
10,i N N I 
10,000 

16,000 00 

HI HO 

1,.V>() 00 
4,5' 

in. 

12,500 00 

5i " 

6,0< N 
1J200 On 



16,650 00 1 



7,375 00 i 
4,000 00 J 



J> 50,( '"i 



$345,706 75 $239,400 00 



Summary of Assets Dec. 31, 1888.* 

Cash value of unencumbered real estate, . § 1,345,675 14 

Loans on mortgage of real estate (first liens f), 701,300 00 

Interest due or accrued thereon, . . . 13.077 60 

Stocks and bonds, as per schedule, . . . 5,609,849 89 

Loans on collateral security*, as per schedule, . 239,400 00 

Cash deposited in bank, 359,833 2(> 

Interest due and accrued, 66,021 23 



* The company holds, also, instalment premium notes to the amount of $465,693.42, which 
do not enter into nor form any part of the .tssets of the company, as no portion of them is earned. 
Whatever value is attached to them would necessarily be counterbalanced by the addition of an 
exactly equal amount to the re-insurance liability, the entire sum consisting of " unearned pre- 
miums." 

t Value of lands mortgaged $1,055,602 00 

Value of buildings thereon, 767,775 Oo 

Amount of insurance held as collateral, .... 505,425 00 



1888.] 



INS. COS. OF OTHER STATES. 



271 



Premiums in course of collection (gross), 
.Notes taken for fire risks, .... 

Gross assets, 

Deduct special deposits in other States, . 



$893,757 75 
21,751 40 



$9,250,066 27 
174,800 00 



Balance, $9,075,866 27 



Liabilities. 
Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Losses disputed or resisted, 

Total amount of losses, 

Less re-insurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Dividends to stockholders unpaid, . 
State and local taxes, 
Commissions and brokerage. . 
Re-insurance premiums, . 
Sinking fund reserve, 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, . 
Paid-up capital, .... 



$74,835 39 

374,801 16 

60,263 98 

$509,900 53 
44,953 15 

$464,947 38 

3,921,030 00 

480 00 

20,000 00 

149,691 95 

77,715 90 

22,203 78 

$4,656,069 01 
115,600 39 



4,540,468 62 



. $4,535,397 65 
. 3,000,000 00 



Surplus over capital, $1,535,397 65 



Income. 

Fire premiums outstanding Dec. 31, 1887, . $394,609 53 

Same not collected, 778 68 

Net collected,' $393,830 85 

Premiums on risks written or renewed, . . 5,463,382 61 

Total, $5,857,213 46 

Premiums now in course of collection, . . 887,008 61 

Entire premiums collected, .... $4,970,204 85 

Less re-insurance and return premiums, . . 637,289 90 

Net cash fire premiums received, . . . f 4,332,9 14 95 



Marine premiums on risks written or renewed. $37,425 62 
Premiums now in course of collection, . . 32,425 62 



Entire premiums collected, 



$5,000 00 



272 FIRE, MARINE, AM) FIRE-MARINE [Dec.31, 

$143 00 



Less re-insurance and return premiums, . 

Net casli marine premiums received, . . 

Interest received on mortofag-es, 

Interest and dividends received from all other sour 
Income from rents, 



$4,8" 

•32 89 

179,088 - 

91,131 26 



Gross cash income, $4,647,024 94 



Expenditiki B. 

Cash paid for fire losses, $2,455,552 50 

Deduct salvage and re-insurance, . . . 96,762 40 

Net cash paid for fire losses, .... $2,358,790 in 

Cash dividends paid, 299,800 on 

(ash paid for commissions and brokerage, .... 1,59301 

for salaries of officers and employees, . . . .".74,7:;: 

for State and local taxes, 64,272 18 

for incidentals, 275,432 

C4ross cash expenditures, $4,173,62 



Fire risks outstanding Dec. 31, 1887 
Fire risks written during 1888, 



Risks and Premiums. 

Premiums. 

$600,192,292 00 $6,374,68- 
635,543,470 00 5,463,382 <il 



Total, 

Deduct risks expired and terminated, 

hi force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 

Marine risks written during 1888, 
Deduct risks expired and terminated 

I n force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



£1,235,735,7' 1,838,070 61 

442,705,609 00 4,134,039 61 



$793,030,153 00 $7,704,031 
37,705,482 00 236.856 o^ 



$755,324,671 00 |7,467,175 <"> 

$2,029,213 00 $37,425 62 
233,513 00 437 62 



$1,795,700 00 

7,000 00 143 On 



788,700 00 - 5 00 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, 

Fire losses incurred during the year 

Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company. 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, .... 



-77.- 
46,4 
2.:.: • 

150 00 
7,615,000 00 
300,000 00 
187 I 



1888.] 



INS. COS. OF OTHER STATES. 



273 



" PRESIDENT AND DIRECTORS OF THE INSURANCE COMPANY 
OF NORTH AMERICA," PHILADELPHIA, PA. 

[Incorporated April 14, 1794. Commenced business 1792.] 
Paid-up Capital, $3,000,000. 

Charles Platt, President. Greville E. Fryer,. Secretary. 



Detailed Statement of Stocks and Bonds. 

Par value. Market value. 

United States bonds," $10,000 00 § 12,700 00 

Georgia State loan, 25,000 00 27,000 00 

Boston city loan, 200,000 00 226,000 00 

Baltimore water loan, 200,000 00 220,000 00 

Indianapolis city loan, 30,000 00 34,500 00 

Hartford city loan, 45,000 00 49,050 00 

Toledo city loan, 21,000 00 24,780 00 

Cincinnati city loan, 39,000 00 46,800 00 

Fall River city loan, 30,000 00 31,800 00 

Harrisburg city loan, 15,000 00 16,350 00 

Providence city loan, 25,000 00 27,500 00 

Newark city loan, 20,000 00 21,600 00 

Cleveland city loan, 30,000 00 34,200 00 

Burlington city loan, 12,000 00 14,760 00 

East Lincoln, 111 , bonds, 10,000 00 10,000 00 

Pennsylvania Railroad bonds, . . . . 430,000 00 501,500 00 

Philadelphia and Reading Railroad bonds, . 355,000 00 436,050 00 

North Pennsylvania Railroad bonds, . . 80,000 00 104,150 00 

Belvidere and Delaware Railroad bonds, . 50,000 00 57,000 00 

Pennsylvania and N. Y. Canal and R. R. bonds, * 30,000 00 34,800 00 

Lehigh Valley Railroad bonds, . . . 200,000 00 264,000 00 

Philadelphia, Wil. and Baltimore R. R. bonds, 39,000 00 40,950 00 

Delaware Division Canal bonds, . . . 15,000 00 15,000 00 

Del. and Raritan Canal and Railroad bonds, . 11,000 00 11,000 00 

Lehigh Coal and Navigation Company bonds, 5,000 00 6,400 00 

Easton and Amboy Railroad bonds, . . 100,000 00- 114,000 00 

Philadelphia and Erie Railroad bonds, . ". 150,000 00 169,500 00 

Chicago and Western Indiana Railroad bonds, 125,000 00 146,250 00 

Northern Central Railway bonds, . . . 15,000 00 17,700 00 

Pittsburgh, McKeesport & Yough. R. R. bonds, 50,000 00 57,500 00 

Lehigh Valley Railroad bonds, . . . 49,000 00 51,450 00 

The Belt R. R. and Stock Yard Co. bonds, . 50,000 00 56,000 00 

Bergen County Railroad bonds, . . . 50,000 00 56,000 00 

New York and Pacific Car Trust bonds, . . 120,000 00 84,000 00 

Car Trust of New York bonds, . . . 63,000 00 56,700 00 

New York and Long Branch Railroad bonds, . 150,000 00 157,500 00 

100 shares Philadelphia National Bank, . . 10,000 00 24,800 00 

228 " Chesapeake and Del. Canal Co., . 11,400 00 500 00 

50 " Sandy II., Quar. & City Isl. Tel. Co., 1,000 00 1,000 00 



274 FIRE, MARINE, AND FIRE-MARINE [Dec. 31 



Mutual Insurance scrip, .... 
Phila. and Baltimore Cent. Railroad bonds, 
Delaware and Chesapeake Railroad bonds, 
N. Y., L. E. and Western Railroad bonds, 
Steubenville and Indiana Railroad bonds, 
Corning, Cow. and A. Railroad bonds, 
N. Y., L. E. and Western R. R. Trust bonds, 
Terre Haute and Logansport R. R. bonds, 
Texas and Pacific Railway bonds, . 
Louisville and Nashville Railroad bonds, 
Lehigh Coal and Navigation Co. bonds, . 
N. Y., W. S. and Buffalo Railway bonds, . 
San Antonio and Aransas Pass. Ry. bonds, 
Wrecking boat "North America,* 1 . 



Par value. 

$88,767 00 

100,000 00 

100,000 00 

200,000 00 

200,000 00 

Go, 000 00 

40,000 00 

50,000 00 

14,000 00 

75,000 00 

50,000 00 

75,000 00 

20,000 00 

63,000 00 



Market value. 

$88,767 00 
105,000 00 

88,000 00 

222,000 00 

210,000 00 

68,250 00 

43,200 00 

50,000 00 

15,260 00 

85,500 00 

56,000 00 

76,500 00 

*,000 00 

63,000 00 



14,012,167 00 $1,450,207 00 



Securities held as collateral for cash loans : — 



11 shares American Fire Insurance Company, 
27 " Pennsylvania Railroad, 

2 " Pa. Co. for Ins. on Lives, etc., . 

1 " United Companies of New Jersey, 
26 " Pennsylvania Railroad, 
Huntingdon & Broad Top Car Trust bonds, 
Pitts, and Western Railroad notes, . 
556 shares Lehigh Valley Railroad, . 

15 " L T nited Companies of New Jersey, 

28 " Westmoreland Coal Company, 

38 " Real Estate Trust Company, . 

20 " Pennsylvania Salt Company, . 

25 " Insurance Co. of North America, 
Loaned on company's own stock, . $5,300 00 



} 



Market value. 

$1,815 00 
1,451 25 
1,000 00 
215 00 
1,397 
1,000 00 
30,000 00 
30,441 00 
3,225 00 
1,820 00 1 
2,180 00 j 
2,000 00 
662 50 



Loaned thereon. 

$1,500 00 

2,000 00 

550 00 

800 00 

25,000 00 

25,000 00 

2,000 00 

5,700 00 



$77 207 25 $62,550 00 



Summary of Assets Dec. 31, 1888. 

Cash value of unencumbered real estate, . 8345,424 47 

Loans on mortgage of real estate (first liens*), 2,336,076 73 

Interest due or accrued thereon, . . . 25,093 80 

Stocks and bonds, as per schedule, . . . 4,456,207 00 

Loans on collateral security, as per schedule, . 62,550 00 

Cash in office of the company and in bank, . 722,412 88 

Premiums in course of collection (gross) , . 582,024 26 



* Total value of property mortgnged, . 
Amount of insurance held as collateral, 



. $6,000,S6-2 00 
. 2,078,882 00 



1888.] 



INS. COS. OF OTHER STATES. 



275 



Notes taken for marine and inland risks, 
Bills receivable and salvages, . 

Gross assets, 

Deduct special deposits in other States, . 



$95,556 32 
99,037 69 



5,724,443 15 
39,700 00 



Balance, $8,684,743 15 



Liabilities. 
Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Losses disputed or resisted, 
Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, 
Commissions and brokerage, . 
Re-insurance premiums, . 
Bills payable, 



Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, . 
Paid-up capital, .... 



Surplus over capital, 

Income 

Fire premiums outstanding Dec. 31, 1887 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash marine premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from perpetual deposits, 

Deposits received for perpetual fire risks, 

Gross cash income 



$69,780 00 

122,577 00 

26,554 00 

2,145,204 85 

680,392 72 

27,250 00 

14,509 87 

3,895 12 

£3,090,163 56 
18,633 33 



),071,530 23 

. $5,613,212 92 
. 3,000,000 00 



!,613,212 92 



$270,558 99 
2,636,276 78 

$2,906,835 77 
372,107 50 

$2,534,728 27 
291,163 65 

$283,886 65 
1,675,116 35 

$1,959,003 00 
305,473 08 

$1,653,529 92 
397,166 49 



sources, . 
$61,523 71 



1,243,564 62 



1,256,363 43 

124,289 58 

232,184 50 

47,326 71 



,903,728 84 



276 



FIRE, MARINE, AXD FIRE-MARIXE [Dec. 31, 



Expenditures. 
Cash paid for fire losses, . 
Deduct salvage and re-insurance, 
Net cash paid for fire losses, . 

Cash paid for marine and inland losses, 

Deduct salvage and re-insurance, 

Net cash paid for marine and inland losses, 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employ* 
for State and local taxes, 
for incidentals, .... 
Deposits returned on perpetual fire risks, 

Gross cash expenditures, . 



$1,320,228 98 
33,330 45 

$1,520,350 16 
585,200 70 



ees, 



$1,280,898 53 



935,U9 46 
450,000 00 
660,747 11 

132,607 
101,224 54 
280,928 78 



$17,435 09 



$3,747,61 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Risks and Premiums. 

Premium*. 

$327,537,927 00 §3,749,597 41 
. 270,747,094 00 2,636,276 78 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



$604,285,021 00 $6,385,874 19 
. 228,712,399 00 2,405,820 78 



§375,572,622 00 $3,980,053 41 
. 10,577,543 00 99,238 23 



4,995,079 00 §3,880,815 18 



Perpetual risks in force (not included above), . §28,516,244 00 $743,783 67 



Marine risks outstanding Dec. 31, 1887, 
Marine risks written during 1888, . 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 



.$14,188,787 00 $110,920 11 
.255,111,734 00 1,675,116 35 



$269,300,521 00 §1,786,036 46 
. 253,818,485 00 1,633,928 19 



.§15,482,036 00 §152,108 27 



Miscellaneous. 

Premiums received from organization of company, 

Losses paid from organization of company, . 

Fire losses incurred during the year, 

Marine and inland losses incurred during the year, 

Cash dividends declared from organization of company 

Dividends declared during the year (15 per cent.),. 

Company's stock owned by directors, 



§85,506,017 00 

61,220,147 00 

1,215,233 00 

- 3,649 00 

10,503,934 00 

450,000 00 

125,200 00 



1888.] 



INS. COS. OF OTHER STATES. 



277 



"INSURANCE COMPANY OF THE STATE OF PENNSYLVANIA," 

PHILADELPHIA, PA. 

[Incorporated April 18, 1794. Commenced business Nov. 5, 1794.] 

Paid-up Capital, $200,000. 

Geo. G. Crowell, President. A. B. Earle, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par value. Market value. 

20 shares Philadelphia National Bank, . . $2,000 00 $4,960 00 

Philadelphia and Reading Railroad bonds, . 13,000 00 12,150 00 

Hart., Ports , Mount Joy & Lan. R. R. bonds, . 15,000 00 15,450 00 

Delano Land Company bonds, .... 10,000 00 10,800 00 

United States bonds, 10,000 00 10,900 00 

Car Trust of New York bonds, . . . 11,000 00 11,000 00 

New York and Pacific Car Trust bonds, . . 14,000 00 14,000 00 

Chicago and West Indiana Railroad bonds, . 12,000 00 13,680 00 

Corning, Cow. and Antrim Railroad bonds, . 12,000 00 12,600 00 

Shamokin, Sunbury & L. Railroad bonds, . 10,000 00 10,000 00 

Terre Haute and Indiana Railroad bonds, . 20,000 00 20,000 00 

Steubenville and Indiana Railroad bonds, . 30,000 00 32,400 00 

Long Dock Company bonds, .... 10,000 00 12,000 00 

Cincinnati city bonds, 8,000 00 9,760 00 

Pittsburgh Junction Railroad bonds, . . 10,000 00 11,200 00 

St. Paul and Northern Railroad bonds, . . 10,000 00 12,100 00 

Sunbury, Hazle. and Wilkes. Railroad bonds, 4,000 00 4,160 00 

Northern Central Railroad bonds, . . . 10,000 00 10,500 00 

Quincy city bonds, 10,000 00 10,500 00 



$221,000 00 $238,160 00 



Securities held as collateral for cash loans 

Northern Pacific Railroad bonds, 
Borough of Bellefonte bonds, . 
Missouri Pacific Railroad bonds, 
Philadelphia and Reading Railroad bonds, 
90 shares Lehigh Coal and Navigation Co., 



Market value. 

$2,245 00 

2,000 00 

2,000 00 

610 00 

4,680 00 J 



Loaned thereon. 



$10,000 00 



$11,535 00 $10,000 00 



Summary of Assets Dec. 31, 1888. 
Cash value of unencumbered real estate, . . $228,800 00 
Loans on mortgage of real estate (first liens *), 109,450 00 
Interest due or accrued thereon, . . . 2,352 25 

Stocks and bonds, as per schedule, . . . 238,160 00 



* Total value of property mortgaged, 
Amount of insurance held as collateral, 



$281,900 00 
87,800 00 



278 



FIRE, MARINE, AXD FIRE-MARIXE [Dec. 31, 



Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for fire risks, .... 
Rents due and accrued, .... 

Re insurance, etc., 

Perpetual and term premiums reclaimable, 
Gross assets, 



$ 10,000 00 

2,288 75 

44,377 03 

583 33 

20,702 41 

1,963 25 

3,201 67 

4,498 53 

7,665 58 



$674,042 80 



Liabilities. 

Amount of losses unpaid, .... 
Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, 
State and local taxes, 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, 



Surplus over capital, 



$31,064 00 

192,785 38 

144.642 09 

500 00 

1,683 00 



370,074 47 

$303,368 33 
200,000 00 

$103,368 33 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less re-insurance and return premiums, 
Net cash fire premiums received, 
Interest received on mortgages, 
Interest and dividends received from all other 
Income from rents, .... 
Income from perpetual deposits, 
Income from all other sources, 
Deposits received for perpetual fire risks, 
Gross cash income, .... 



".682 95 
365,293 46 

$390,976 41 
20,702 41 

$370,274 00 
63,067 45 



sources, 



?39,009 80 



$307,206 55 

6,616 56 

12,569 33 

14,509 50 

244 59 

142 01 

$341,288 54 



Expenditures. 

Cash paid for fire losses, .... 
Deduct salvage and re-insurance, 
Xet cash paid for fire losses, . 



$200,030 66 
14,635 61 



5,895 05 



1888.] 



INS. COS. OF OTHER STATES. 



279 



Cash paid for marine and inland losses, . . $2,543 64 

Deduct salvage and re-insurance, . . . 119 37 

Net cash paid for marine and inland losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, 

Deposits returned on perpetual fire risks, . 15,647 50 



$2,424 27 
20,000 00 
66,026 24 
16,666 29 
10,009 45 
39,304 12 



Gross cash expenditures, . . . ... . . $339,825 42 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



.$27,283,011 00 
. 38,466,933 00 



165,749,944 00 
31,014,169 00 

$34,735,775 00 
1,838,70 J 00 



Premiums. 

$278,276 07 
365,293 46 

|643,569 53 
269,566 30 

$374,003 23 
21,820 38 



. f32,897,074 00 $352,182 85 



Perpetual risks in force (not included above), $4,802,998 00 $157,127 03 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, .... 



$18,483,908 00 

14,990,172 00 

192,080 00 

4,166,406 00 

20,000 00 

21,100 00 



"JEFFERSON INSURANCE COMPANY IN THE CITY OF 
NEW YORK, 11 NEW YORK, N.Y. 

[Incorporated March 4, 1824. Commenced business March 31, 1824.] 

Paid-up Capital, $200,010. 

Samuel E. Belcher, President. Wm. B. Flowery, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par value. Market value. 

United States bonds, $185,000 00 $ 237,262 50 

United States legal tender notes, . . . 26,000 00 26,000 00 

308 shares Chicago, R. I. and Pacific Railroad, 30,800 00 30,184 00 



2 00 



N. York, Lack, and Western R. R , 20,000 00 22,050 00 



280 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



100 shares New York and Harlem Railroad, 



100 
400 
400 
300 
50 



N. York Central and H. River R. R., 
Long Island Railroad, 
St. Paul and Duluth Railroad, 
Del. and Hudson Canal Company, . 
Seventh National Bank, New York, 



Par value. 

$5,000 00 
10,000 00 
20,000 00 
40,000 00 
30,000 00 
5,000 00 



Market value. 

811,850 00 

10,812 50 

18,400 00 
37,8' 

39,000 00 

6,000 00 



$371,800 00 $439,959 00 



Securities held as collateral for cash loans : - 
149 shares Tradesmen's National Bank, N. Y., 



Market value. Loaned thereon. 

$6,198 40 $3,200 00 



Summary of Assets Dec 

Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Premiums more than 3 months due, $291 06 
Gross assets, . 



31, 1888. 

$49,300 00 

1,232 50 

439,959 00 

3,200 00 

379 66 

947 01 

2,164 00 

5,300 36 



$502,482 53 



Liabilities. 

Losses adjusted, unpaid, $11 00 

Losses claimed and reported, .... 12,297 47 

Losses disputed or resisted, .... 1,000 00 

Net amount of unpaid losses, .... $13,308 47 

Unearned premiums on outstanding risks, . 43,454 09 

Due and accrued for rent, salaries, etc., . . 998 95 

Commissions and brokerage, .... 1,183 33 

Re-insurance due, 120 29 

Gross liabilities, except capital, . . . 



59.065 13 



Surplus as regards policy holders, $443,417 40 

Paid-up capital, 200,010 00 

Surplus over capital, $243,407 40 

* Value of lands mortgaged, $79,000 00 

Value of buildings thereon, 73,500 00 

Amount of insurance held as collateral, 63,600 00 



1888.] 



INS. COS. OF OTHER STATES. 



281 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Same not collected, .... 



Net collected, 

Premiums on risks written or renewed, 



,150 39 
5,591 42 

$77,558 97 
7,583 10 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 

Gross cash income, . 



$5,437 56 
268 50 

$5,169 06. 
77,981 33 



$69,975 87 

3,174 00 

16,320 82 

,470 69 



Expenditures. 

Cash paid for fire losses, .... 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, 

Cash dividends paid, . ... 

Cash paid for commissions and brokerage, 

for salaries of officers and employe 

for State and local taxes, 

for incidentals, .... 



Gross cash expenditures, 



$44,549 83 
55 78 



es, 



$44,494 05 

20,001 00 

13,721 22 

13,849 80 

786 66 

6,301 43 

,154 16 



Risks and Premiums. 

Premiums. 

Fire risks outstanding Dec. 31, 1887, . . $12,567,079 00 $83,925 49 
Fire risks written during 1888, . . . 12,031,794 00 77,981 33 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, 



.$24,598,873 00 $161,906 82 
. 12,274,867 00 75,496 01 



. $12,324,006 00 $86,410 81 
526,255 00 2,181 04 



.$11,797,751 00 $84,229 77 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, .... 



$4,456,978 00 

2,010,468 00 

53,443 00 

1,784,897 00 

20,001 00 

26,340 00 



282 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 

"THE JERSEY CITY INSURANCE COMPANY/' JERSEY 

CITY, N. J. 

[Incorporated Feb. 10, 1847. Commenced business Dec. 1, 1856.] 

Paid-up Capital, $250,000. 

Nathaniel Foote, President. Chas. F. Patterson, Secretary. 



Detailed Statement of Stocks 

United States bonds, 

8 shares First National Bank, Jersey City, . 

30 " Second National Bank, Jersey City, 
662 " Jersey City Gas Light Company, . 

17 " People's Gas Company, Jersey City, 

Jersey City bonds, 

Newark city, N. J., bonds, .... 



Securities held as collateral for cash loans : — 

18 shares Consolidated Gas ComjDany, N. Y., . 
10 " Bowery National Bank, New York, . 
90 " American Express Company, . 

3 " Home Insurance Company, N. Y., . 
United States bond, . . 

3 shares First National Bank, Jersey City, . 

3 " Second National Bank, Jersey City, 
Middlesex Banking Company, Conn., bond, . 
Ransom, Dakota, town bond, .... 
100 shares Second National Bank, Jersey City, 
100 " Second National Bank, Jersey City, 
100 " Chicago, Rock Island and P. R. R., 
100 " Mil. & St. Paul Railroad, 



and Bonds. 

Par value. 

$4,000 00 

800 00 

3,000 00 

13,240 00 
850 00 

40,000 00 

30,000 00 



Market value. 

$5,110 00 
1,800 00 
6,000 00 

24,494 00 
680 00 

31,800 00 



191,890 00 $114,154 00 



Market value. 

$1,462 00 

2,000 00 

9,990 00 

408 00 

63 00 

675 00 

600 00 

1,000 00 

500 00 

20,000 00 

20,000 00- 

9,725 00 

10,312 00. 



Loaned thereon. 

$10,500 00 

350 00 
600 00 

) 00 

10,000 00 

22,000 00 



$76,735 00 £44,200 00 



Summary of Assets Dec. 31, 1888. 



Cash value of unencumbered real estate, 



$55,400 00 



Loans on mortgage of real estate (first liens*), 169,087 00 

Interest due or accrued thereon, . . . 2,656 13 

Stocks and bonds, as per schedule, . . . 114,154 00 

Loans on collateral security, as per schedule, . 44,200 00 

Cash in the office of the company, . . . 4,599 13 



* Value of lands mortgaged, . 
Value of buildings thereon, . . 
Amount of insurance held as collateral, 



$191,700 00 
234,300 00 
193,000 00 



1888.] 



INS. COS. OF OTHER STATES. 



283 



Cash deposited in the bank, 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, 



$15,680 47 
1,134 69 
3,721 14 



$110,632 56 



Liabilities. 



Losses claimed and reported, 
Less re-insurance, 



Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Reclaimable on perpetual fire policies, 
Due and accrued for rent, salaries, etc., 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, 



Income 
Fire premiums outstanding Dec. 31, 1887 
Same not collected, .... 



Net collected, 

Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less re-insurance and return premiums, 
Net cash fire premiums received, 
Interest received on mortgages, 
Interest and dividends received from all 
Income from rents, .... 
Brokerage, 



Gross cash income, 



other 



Expenditures 

Cash paid for fire losses, .... 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, . 

Cash dividends paid, .... 

Cash paid for commissions and brokerage, 
for salaries of officers and employ 
for State and local taxes, . 
for incidentals, . 



Gross cash expenditures, 



$11,909 40 
1,224 17 

$10,685 23 

75,880 62 

878 04 

200 00 

372 11 



$7,081 60 
635 55 

$6,446 05 
105,816 30 

$112,262 35 
3,349 03 

$108,913 32 
9,962 69 



sources, 



$38,036 07 
207 78 



ees, 



88,016 00 

$322,616 5Q 
250,000 00 

$72,616 56 



$98,950 63 

9,991 70 

7,860 74 

2,915 06 

710 88 

$120,429 01 



$37,828 29 

15,750 00 

21,975 99 

12,050 68 

3,248 45 

8,732 92 

$99,586 33 



284 FIRE, MAEINE, AND FIRE-MARINE [Dec. 31 



Risks and Premiums. Premiums. 

Fire risks outstanding Dec. 31, 1887, . . $13,092,581 00 $108,879 74 
Fire risks written during 1888, . . . 10,647,462 00 105,816 30 



Total, $23,740,043 00 $214,696 04 

Deduct risks expired and terminated, . . 7,392,340 00 71,53136 



In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



.$16,347,703 00 $143,164 68 
250,450 00 1,660 76 



.? 16,097,253 00 $141,503 92 



Miscellaneous. 

Premiums received from organization of company, . . $1,902,549 00 

Losses paid from organization of company, .... 709,482 00 

Fire losses incurred during the year, 46,514 00 

Cash dividends declared from organization of company, . 531,781 00 

Dividends declared during the year (6 T s o per cent.), . . 15,750 00 

Company's stock owned by directors, 58,950 00 



"THE LIBERTY INSURANCE COMPANY? NEW YORK, N. Y. 

[Incorporated April 21, 1887. Commenced business April 21, 1S87.] 
Paid-up Capital, $800,000. 

Geo. A. Morrison, President. Samuel R. Weed, Secretary. 



Summary of Assets Dec. 31, 1888. 

United States bonds, $952,500 00 

Cash in the office of the company, . . . 18,222 86 

Cash deposited in bank, 306,853 49 

Premiums in course of collection (gross), . 102,379 91 
Premiums more than 3 months due, §81 07 

Gross assets, 



§1,379,956 26 



Liabilities. 

Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Losses disputed or resisted, 

Total amount of losses, 
Less re-insurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Due and accrued for rent, salaries, etc., 
Due for borrowed money, 
Commissions and brokerage, . 



§17,581 45 

45,666 62 

3,500 00 

$66,748 07 
5,500 00 

861,248 07 

365,770 47 

7,738 76 

50,000 00 

16,116 42 



1888.] 



INS. COS. OF OTHER STATES. 



285 



Return premiums, 
Re-insurance, etc., 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, 



Surplus over capital, 



$11,871 53 
1,802 85 



$514,548 10 

$865,408 16 
800,000 00 



$65,408 16 



' Income. 

Fire premiums outstanding Dec. 31, 1887, . f54,497 54 

Premiums on risks written or renewed, . . 813,762 03 

Total, $868,259 57 

Premiums now in course of collection, . . 102,379 91 



Entire premiums collected, .... 
Less re-insurance and return premiums, . 
Net cash fire premiums received, . . . - 
Interest and dividends received from all sources, 



$765,879 66 
134,650 81 



$631,228 85 
36,530 02 



Gross cash income, $667,758 87 






Expenditures. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, . 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, 



$308,287 19 
21,098 82 



Gross cash expenditures, 



$287,188 37 

119,880 47 

53,232 95 

8,421 95 

74,076 99 

$542,800 73 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount re-insured, 

Net amount in force, . 



Premiums. 



. $33,854,344 00 $292,847 89 
. 91,479,632 00 813,762 03 



$125,333,976 00 $1,106,609 92 
. 52,523,627 00 408,017 35 



.$72,810,349 00 $698,592 57 
. 5,389,971 00 26,643 60 



.$67,420,378 00 $671,948 97 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Company's stock owned by directors, 



$878,982 00 
342,835 00 
326,779 00 
386,800 00 



28Q 



FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



THE LONG ISLAND INSURANCE COMPANY," BROOKLYN, N. Y. 

[Incorporated April, 1833. Commenced business November, 1833.] 
Paid-up Capital, $300,000. 

Jonathan Ogden, President. Henry Blatchford, Secretary. 



Detailed Statement of Stocks and Bono-. 



United States bonds, . 

New York Central Railroad bonds, 

Atlantic Trust Company stock, 

Flatbush water bonds, 

New Utrecht school bonds, 



Par value. 

$110,000 00 

40,000 Op 

5,000 00 

2,000 00 

10,000 00 



Market value. 

$119,350 00 

42,000 00 

10,000 00 

2,165 33 

10,387 16 



$167,000 00 $188,902 49 



Summary of Assets Dec. 31, 1888. 

Loans on mortgage of real estate (first liens *), $ 200,170 00 

Interest due or accrued thereon, . . . 2,064 73 

Stocks and bonds, as per schedule, . . . 188,902 49 

Cash in the office of the company, . . . 12,413 96 

Cash deposited in bank, 55,935 92 

Interest due and accrued, 125 00 

Premiums in course of collection (gross), . 8,221 20 
Premiums more than 3 months due, $1,807 12 

Gross assets, 8467,833 30 



Liabilities. 
Losses adjusted, unpaid, . 
Losses claimed and reported, . 

Total amount of losses, . 
Less re-insurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Due and accrued for rent, salaries, etc., 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, .... 



Surplus over capital, 



$10,088 72 
6,000 00 

§16,088 72 
133 28 

615.955 44 

127,916 98 

700 00 

2,000 00 



146,572 42 

?321,260 88 
300,000 00 

$21,260 88 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$205,400 00 
236,000 00 
205,100 00 



1888.] 



INS. COS. OF OTHER STATES. 



287 



Income. 

Fire premiums outstanding Dec. 31,1887, . $ 10,385 18 
Same not collected, 156 92 

Net collected, $10,228 26 

Premiums on risks written or renewed, . . 269,435 39 

Total, $ 279,663 65 

Premiums now in course of collection, . . 10,028 32 

Entire premiums collected, .... $269,635 33 
Less re-insurance and return premiums, . . 36,609 13 

Net cash fire premiums received, . . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, 



|233,023 20 

11,470 22 

7,680 00 



Gross cash income, $252,176 42 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 
Net cash paid for fire losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, . . 

Gross cash expenditures, .... 



$125,834 37 
10,483 94 



$115,350 43 

9,000 00 

57,917 61 

16,669 47 

1,240 51 

27,283 38 

$227,461 40 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



.$31,576,014 00 
. 38,262,774 00 



. $69,838,788 00 
. 31,339,992 00 

. $38,498,796 00 
. 1,033,282 00 



Premiums. 

$184,441 75 
269,435 39 



$453,877 14 
200,077 54 



$253,799 60 
17,114 32 



. $37,465,514 00 $236,685 28 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (three per cent.), . 
Company's stock owned by directors, .... 



$4,088,143 00 

1,780,516 00 

109,705 00 

1,508,308 00 

9,000 00 

29,300 00 



288 



FIKE, MARINE, AND FIRE-MARINE [Dec. 31, 



"LUMBERMEN'S INSURANCE COMPANY;' PHILADELPHIA, PA. 

[Incorporated June 2, 1873. Commenced business Dec. 11, 1873.] 

Paid-up Capital, $250,000. 

Lewis Davis, President. Oliver II. Hill, Secretary. 



Detailed Statement of Stocks and Bond-. 



Susquehanna Coal Company bonds, . 
Shamokin Valley and Pottsville R. R. Co. bond- 
Pennsylvania Car Trust (C) certificates, . 
Pleasantville and Ocean City R. R. Co. bonds 
Steubenville and Indiana Railroad Co. bonds, 
Richmond and Danville Railroad Co. bonds, 
Huntingdon and B. T. Car Trust certificat 
Philadelphia and Reading Railroad Co. bonds 
Summit Branch Railroad Company bonds, 
Camden and Atlantic Railroad Company bonds 
Minehill Railroad Company stock, . 
The Pennsylvania Company bonds, . 
Catawissa Railroad Company bonds, 
Pittsburgh, Cinn. and St. Louis R. R. Co. bonds 
Lehigh Valley (7*s) Railroad Company bonds 
Car Trust of New York (C) certificates, . 
Northern Pacific Railroad Company bonds, 
Pennsylvania Car Trust (H) certificates, . 
Grand Rapids and Indiana R. R. Co. bonds. 
West Jersey (7's) Railroad Company bonds, 
Western Pennsylvania Railroad Co. bonds, 
Buck Mountain Coal Company bonds, 
Mortgage Trust Company of Penn. bonds. 
Car Trust of New York (F) certificates, . 
Camden and Amboy Railroad Company bonds 
West Jersey (6's) Railroad Company bonds, 
Sunbury, H. and W. Railroad Company bonds 
Shamokin, S. and L. Railroad Company bonds 
Pennsylvania Steel Company bonds, 
Lehigh Valley (G's) Railroad Company bonds 
Texas and Pacific Railroad Company bonds, 
Buck Mountain Coal Company stock, 
Ohio River Railroad Company bonds, 



Tar value. 

112,000 00 

10 00 

10 00 

10,000 00 

15,000 00 

5,000 00 

5,000 00 

10 00 

10,000 00 

7,000 00 

5,000 00 

18,000 00 

5,000 00 

21,000 00 

10,000 00 

8,000 00 

7,000 00 

5,000 00 

10,000 00 

3,000 00 

5,000 00 

1,000 00 

10,000 00 

14,000 00 

1,000 00 

26,000 00 

9,500 00 

10,000 00 

10,000 00 

10,000 00 

11,000 00 

7,000 00 

5,000 00 



Market value. 

$14,100 00 

10 00 

2 50 

10,300 00 

16,350 00 

10 00 

5,125 00 

4,500 00 

10,500 00 

7,280 00 

7,100 00 

19,440 00 

G,100 00 

25.200 00 

13,900 00 

7.210 00 

20 83 

9,G50 00 

3,690 00 

50 00 

• 00 

10,125 00 

11,900 00 

1,020 00 

29,900 00 

30 00 

10,300 00 

10,450 00 

13,200 00 

9,900 00 

3,C00 00 

20 83 



£292,500 00 £313,374 16 



Securities held as collateral for cash loans : — 

State Line and Sullivan Railroad Co. bonds, . 
700 shares State Line and Sullivan R. R. Co., . 



Market value. Loaned thereon. 

$19,800 00 $15,000 00 
14,000 00 8,000 00 



1888.] 



INS. COS. OF OTHER STATES. 



289 



97 shares Consolidation National Bank, . 
200 " Columbus and Xenia Railroad Co. 
87 " Delaware Mutual Insurance Co., 



Market value. 

$7,275 00 

17,000 00 

4,350 00 



Loaned thereon. 

$6,000 00 
8,000 00 
4,000 00 



$62,425 00 $41,000 00 



Summary of Assets Dec 
Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Gross assets, 



31, 1888. 

$59,535 00 

324,300 00 

7,544 16 

313,374 16 

41,000 00 

333 73 

4,999 61 

369 67 

9,802 95 

1,250 00 



$762,509 28 



Liabilities. 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, 
Due and accrued for rent, salaries, etc., 
State and local taxes, 
Commissions and brokerage, . 
Return premiums and re-insurance, 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, 



Surplus over capital, 



$5,902 40 

66,016 43 

195,184 69 

275 00 

1,000 00 

1,000 00 

530 00 



269,908 52 

$492,600 76 
250,000 00 

$242,600 76 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, . 

Total 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash fire premiums received, 



$6,863 42 
102,868 65 

$109,732 07 
9,802 95 

$99,929 12 
14,659 65 



$85,269 47 



* Value of lands mortgaged, $338,600 00 

Value of buildings thereon, 894,200 00 

Amount of insurance held as collateral, 256,575 00 



290 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 

Interest received on mortgages, $15,298 72 

Interest and dividends received from all other sources, . . 19,924 93 

Income from rents, transfers, etc., 3,409 57 

Deposits received for perpetual fire risks, . $18,823 40 

Gross cash income, $123,902 09 



Expenditures. 

Cash paid for fire losses, $53,586 63 

Deduct salvage and re-insurance, . . . 4,459 25 

Net cash paid for fire losses, .... $49,127 38 

Cash dividends paid, 15,000 00 

Cash paid for commissions and brokerage, .... 16,631 31 

for salaries of officers and employees, ... -4 17 

for State and local taxes, 2,393 99 

for incidentals, 5,51 v 76 

Deposits returned on perpetual fire risks, . $6,020 22 

Gross cash expenditures, $96,355 61 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



. $ 10,084,802 00 
. 10,400,268 00 



. $20,485,070 00 

. 9,553,609 00 

.810,931,401 00 

502,378 00 

. $10,429,083 00 



Perpetual risks in force (not included above), . $7,975,206 00 



Premiums. 

$122,733 36 
102,868 65 

$225,002 01 
96,894 76 

$128,707 
4,658 98 

$124,048 27 
$216,871 87 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (6 per cent.), . 
Company's stock owned by directors, .... 



$886,673 00 

442,627 00 

43,361 00 

168,000 00 

15,000 00 

72,075 00 



1888.] 



INS. COS. OF OTHER STATES. 



291 



"MANUFACTURERS AND BUILDERS FIRE INSURANCE 
COMPANY," NEW YORK, N. Y. 

[Incorporated Nov. 19, 1870. Commenced business Nov. 22, 1870.] 
Paid-up Capital, $200,000. 

Edward V. Loew, President. J. Jay Nestell, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par value. Market value. 

New York City bonds, $180,000 00 $190,800 00 

United States bonds, 2,200 00 2,816 00 

Chicago, Rock Island and Pacific R.R. stock, . 55,000 00 54,037 50 

New York Central and Hudson Riv. R. R. stock, 20,000 00 21,600 00 

Chicago, Burlington and Quincy Railroad stock, 2,400 00 2,640 00 

Evansville and Terre Haute Railroad stock, . 25,000 00 21,875 00 

Delaware and Hudson Canal Company stock, . 1,600 00 2,120 00 

Manhattan Trust Company stock, . . . 4,500 00 5,625 00 

Third National Bank stock, .... 5,000 00 5,750 00 

Morrisania town bond, 1,000 00 1,000 00 

Illinois Central Railroad stock, . . . 1,700 00 1,632 00 



Securities held as collateral for cash loans : — 

Standard Gas Light Company stock, 
Ohio Valley Railroad bonds, .... 
Chicago, Mil. and St. Paul Railroad bonds, 
Georgia Pacific Railroad bonds, 



$298,400 00 §309,895 50 



Market value. Loaned thereon. 



|10,000 00 

13,000 00 

4,000 00 

7,600 00 



$14,500 00 
8,800 00 



$31,600 00 $23,300 00 



Summary op Assets Dec. 31, 1888. 

Loans on mortgage of real estate (first liens*), $102,000 00 

Interest due or accrued thereon, . . . 1,260 75 

Stocks and bonds, as per schedule, . . . 309,895 50 

Loans on collateral security, as per schedule, . 23,300 00 

Cash in the office of the company, . . . 7,196 85 

Cash deposited in bank, . . . . . 6,452 23 

Interest due and accrued, 1,113 86 

Premiums in course of collection (gross), . 26,481 50 

Gross assets, $477,700 69 

* Value of lands mortgaged, $77,000 00 

Value of buildings thereon 131,000 00 

Amount of insurance held as collateral, . . . . . 78,000 00 



292 FIRE, MARINE, AND FIRE-MARINE [Dec. 31 



Liabilities. 



Losses adjusted, unpaid, . 
Losses claimed and reported, . 

Total amount of losses, 
Less re-insurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding 
Dividends to stockholders unpaid, 
Due and accrued for rent, salaries, 
Commissions and brokerage, . 
Return premiums, 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, 



Surplus over capital, 



risks, 



etc. 



$11,696 88 
9,544 80 

$21,241 68 
38 27 

$21,203 41 

127,379 52 

195 00 

1,708 34 

5,932 18 

1,493 04 



$157,911 49 

$319,789 20 
200,000 00 

$119,789 20 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Same not collected, 



Net collected, 

Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 



Gross cash income, 



Expenditures 

Cash paid for fire losses, .... 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, . 

Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 
for State and local taxes, . 
for rent and incidentals, . 

Gross cash expenditures, . 



$22,503 82 
1,124 75 

$21,379 07 
233,297 82 

$254,676 89 
26,481 50 

$228,195 39 
30,974 21 



sources, 



$139,472 09 
12,310 34 



$197,221 18 

4,176 43 

16,978 51 

6,316 68 

$224,692 80 



§127,161 75 

13,033 00 

50,839 62 

22,632 49 

4.175 30 

.^339 71 

$238,481 87 



1888.] 



INS. COS. OF OTHER STATES. 



293 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount re-insured, 

Net amount in force, 



. $33,160,621 00 
. 31,901,282 00 



. $65,061,903 00 
. 26,993,186 00 

.$ 38,068,7 17 00 
. 2,903,009 00 



Premiums. 

$207,846 54 
233,297 82 

$441,144 36 
188,489 99 

$252,654 37 
17,392 93 



. $35,165,708 00 $235,261 44 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (6| per cent.), 
Company's stock owned by directors, .... 



1,368,178 00 

950,453 00 

128,283 00 

311,000 00 

13,000 00 

56,300 00 



"MANUFACTURERS AND MERCHANTS INSURANCE COMPANY 
OF PITTSBURGH," PITTSBURGH, PA. 

[Incorporated Feb. 28, 1865. Commenced business May 1, 1865.] 

Paid-up Capital, $250,000. 

Charles W. Batchelor, President. William T. Adair, Secretary. 



Detailed Statement of Stocks 



United States bonds, .... 

Indiana Normal School, Pa., bonds, . 
Allegheny County, Pa., bonds, . 
Pittsburgh and Western Railway Co. stock, 
Pittsburgh and Western Railway Co. bonds, 
McKeesport, Pa., school district bonds, . 
Etna, Pa., Water Works bonds, 



and Bonds. 

Par value. 

$75,000 00 
10,000 00 
25,000 00 
5,000 00 
10,000 00 
5,000 00 
10,000 00 



Market value. 

$95,250 00 

10,000 00 

25,370 00 

1,400 00 

7,800 00 

5,000 00 

10,000 00 



$140,000 00 $154,820 00 



Securities held as collateral for cash loans : 
Mortgage assigned, 



Market value. Loaned thereon. 

$2,000 00 $2,000 00 



294 FIRE, MARINE, AND FIRE-MARIXE [Dec. 31, 



Summary of Assets Dec 

Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for premiums, 
Rents due and accrued, .... 
Premiums more than 3 months due, $1,016 67 
Gross assets, 



31, 1888. 

$44,000 00 

142,350 00 

4,687 95 

1. ",4,820 00 

2,000 00 

270 93 

6,329 56 

120 83 

8,689 63 

246 90 

230 00 



?363,745 80 



risks, 



Liabilities. 
Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Losses disputed or resisted, 
Unearned premiums on outstanding 
Commissions and brokerage, . 
Re-insurance, .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, .... 



Surplus over capital, 



§1,577 54 
1,782 00 
2,650 55 

52,591 18 

262 22 

1,819 09 



60,682 58 

$303,063 22 
250,000 00 

£53,063 22 



Income 
Fire premiums outstanding Dec. 31, 1887, 
Same not collected, .... 

Net collected, 

Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less re-insurance and return premiums, 
Net cash fire premiums received, 



£12,477 25 
264 56 

$12,212 69 
102,572 42 

$114,785 11 
9,470 32 

f 105,314 79 
35,326 18 



169,988 61 



* V;ilue of lands mortgaged, . 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$214,900 00 

160,150 00 

90,350 00 



1888.] INS. COS. OF OTHER STATES. 295 

Marine premiums on risks written or renewed, $ 325 50 

Premiums now in course of collection, . . 138 02 

Net cash marine premiums received, . . $187 48 

Interest received on mortgages, 10,180 59 

Interest and dividends received from all other sources, . . 5,648 37 

Income from rents, 319 68 

Gross cash income, $86,324 73 

Expenditures. 

Cash paid for fire losses, $54,622 39 

Cash dividends paid, . 7,500 00 

Cash paid for commissions and brokerage, .... 11,383 54 

for salaries of officers and employees, . . . 8,642 93 

for State and local taxes, 2,447 24 

for incidentals, 3,944 40 

Gross cash expenditures, $88,540 50 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Risks and Premiums. 

Premiums. 

$12,210,144 00 $147,963 68 
9,009,976 00 102,572 42 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 

Marine risks written during 1888, . 
Deduct risks expired and terminated, 



$21,220,120 00 $250,536 10 
10,942,041 00 125,769 30 



$10,278,079 00 $124,766 80 
793,694 00 13,598 37 



►,484,385 00 $111,168 43 



$64,738 00 
64,738 00 



$325 50 
325 50 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (3 per cent.), . 
Company's stock owned by directors, .... 



$1,629,528 00 

722,694 00 

42,364 00 

412,500 00 

7,500 00 

40,850 00 



296 



FIRE, MARINE, AND FIRE-MARIXE [Dec. 31, 



" MARINE INSURANCE COMPANY OF ST. LOUIS," ST. LOUIS, MO. 

[Incorporated Jan. 25, 1837. Commenced business February, 1837.] 

Paid-up Capital, $200,000. 

James A. Bartlett, President. Samuel G. Kennedy, Secretary. 



Kansas Pacific Railroad bonds, 

St. Charles Water and Heating Co. bonds, 

Palestine Water Company bonds, . 



Detailed Statement of Bonds. 

Par value. 

. $120,000 00 
33,000 00 
15,000 00 



Market value. 

$134,300 00 
33,000 00 
14360 00 



$168,000 00 $181,550 00 



Securities held as collateral for cash loans : — 

50 shares Bank of Commerce, 

30 " St. Louis and N. O. Anchor Line Co., 
100 " Boatman's Bank, .... 

84 " Diamond Water Company, 
100 " St. Mary's Mill Company, 
Assigned deed of trust, 



Market value. Loaned thereon. 

$23,250 00 |22,000 00 



1,800 00 
12,100 00 
10,920 00 
13,000 00 

3,500 00 



Summary of Assets Dec. 31, 1888. 

Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*), 
Interest due or accrued thereon, 
Bonds, as per schedule, .... 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross) , 
Gross assets, 



1,100 00 

00 

10,000 00 

5,000 00 

2,784 91 



$64,570 00 $43,384 91 


, 1888. 


$2,000 00 


9,000 00 


250 00 


181,550 00 


43,384 91 


2,767 64 


8,968 39 


1,200 00 


4,370 81 


«o;q 101 75 



Liabilities. 

Losses claimed and reported, . 
Losses disputed or resisted, 
Unearned premiums on outstanding risks, 
Dividends to stockholders unpaid, . 
Due and accrued for rent, salaries, etc., . 



$87 00 

1,112 37 

22,804 37 

6,013 00 

225 00 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount ofinsurance held as collateral, 



$10,000 00 
12,500 00 
11,500 00 



1888.] 



INS. COS. OF OTHER STATES. 



297 



Commissions and brokerage, . 

Return premiums, 

Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, 



Surplus over capital, . 



$631 40 
186 50 



$31,059 64 

$222,432 11 
200,000 00 

$22,432 11 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash marine premiums received, 

Interest and dividends received from all sources, . 

Gross cash income, 



$3,382 92 
45,680 86 

$49,063 78 
4,180 07 

$44,883 71 
6,457 39 



$177 61 
13,200 63 

$13,378 24 
190 74 

$13,187 50 
5,758 64 



$38,426 32 



7,428 86 
12,772 30 

$58,627 48 



Expenditures. 
Cash paid for fire losses, .... 
Deduct salvage and re-insurance, 
Net cash paid for fire losses, 

Cash paid for marine and inland losses, . 

Deduct salvage and re-insurance, 

Net cash paid for marine and inland losses, 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employee!: 
for State and local taxes, 
for incidentals, 

Gross cash expenditures r . . 



$20,633 38 
1,553 45 


$19,079 93 

2,743 51 
5,987 00 
7,125 36 
7,250 00 
4,278 87 
4,296 87 


$3,288 47 
544 96 


;es, . 


• t • • 


$50,761 54 



298 



FIRE, MARINE, AND FIKK-MARIXE [Dec. 31, 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 

Marine risks outstanding Dec. 31, 1887, 
Marine risks written during 1888, . 



Total, 

Deduct risks expired and terminated, 



In force at end of year, .... $6,500 00 



Miscellaneous. 

Fire losses incurred during the year, 
Marine and inland losses incurred during the year, 
Dividends declared during the year (6 per cent.), . 
Company's stock owned by directors, 



$4,022,040 00 
4,585,556 00 



$8,607,596 00 
4,308,819 00 


$4,298,777 00 
86,850 00 


$4,211,927 00 

$53,387 00 
1,837,661 00 


$1,891,048 00 
1,884,548 00 



Premiums. 

;.921 32 
45,680 86 

$90,602 18 
44,135 13 

.467 05 
958 26 



045,506 79 

$164 73 
13,200 63 

$13,365 36 
13,315 36 

$50 00 



sl7,779 00 

3,288 00 

12,000 00 

39,000 00 



"THE MECHANICS INSURANCE COMPANY OF PHILADELPHIA;' 

PHILADELPHIA, PA. 

[Incorporated April 19, 1854. Commenced business May 4, 1854.] 

Paid-up Capital, $250,000. 

James Wood, President. Simon J. Martin, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par value. Market value. 

United States bonds, $20,000 00 ".,300 00 

Philadelphia, Pa., city bonds, .... 8,300 00 8,900 00 

St. Louis, Mo., city bonds 10,000 00 10,350 00 

Leavenworth, Kan , city bonds, . . . 10,000 00 10,500 00 

Schuylkill River, East Side, Railroad bonds, . 30,000 00 31,350 00 

Steubenville and Indiana Railroad bonds, . 25,000 00 27,000 00 

Phila., Wilmington and Bait. Railroad bonds, . 7,000 00 7,530 00 

Columbus and Cincinnati Midland R. R. bonds, 10,000 00 9,200 00 

Union Passenger Railway bonds, . . . 20,000 00 22,000 00 

Lombard and South Passenger Railway bonds, 5,000 00 5,250 00 

Pennsylvania Car Trust bonds, . . . 5,000 00 5.050 00 

Allegheny Car Trust bonds, .... 6,000 00 6,000 00 



1888.] 



INS. COS. OF OTHER STATES. 



299 



Northern Pacific Railroad bonds, 
Borough of Clifton Heights bonds, . 
Harrisburg, Pa., city bonds, 
100 shares Union Passenger Railway, 



Securities held as collateral for cash loans : - 

Continental Passenger Railway bonds, . 

Union Passenger Railway bonds, 

200 shares Philadelphia and Reading Railroad, 

203 " Pennsylvania Railroad, . 

Phila. and Reading Railroad bonds, . 

100 shares Pennsylvania Railroad, . 

600 " Phila. and Reading Railroad, . 



Par value. 

$10,000 00 
6,000 00 
5,000 00 
5,000 00 



Market value. 

$10,400 00 

6,000 00 

5,500 00 

17,500 00 



$ 182,300 00 $207,830 00 



Market value. 

$5,750 00^ 
1,080 00 
4,900 00. 

10,860 00 

46,218 75- 
5,350 00 

14,700 00. 



Loaned thereon. 

$10,000 00 
10,000 00 
50,000 00 



$88,858 75 $70,000 00 



Summary of Assets Dec. 31, 1888. 

Cash value of unencumbered real estate, . f 97,900 00 

Loans on mortgage of real estate (first liens *), 241,100 00 

Interest due or accrued thereon, . . . 2,628 94 

Stocks and bonds, as per schedule, . . . 207,830 00 

Loans on collateral security, as per schedule, . 70,000 00 

Cash in the office of the company, . . . 688 14 

Cash deposited in bank, 11,093 40 

Interest due and accrued, 3,493 47 

Premiums in course of collection (gross) , . 13,735 22 

Gross assets, 



$648,469 17 



Liabilities. 

Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, 
Dividends to stockholders unpaid, . 
Commissions and brokerage, . 
Return premiums, .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, 



$4,500 00 

10,312 79 

81,616 56 

158,464 82 

365 00 

2,789 09 

856 42 



258,904 68 

|389,564 49 
250,000 00 

$139,564 49 



* Total value of property mortgaged, 
Amount of iusurance held as collateral, 



$571,500 00 
245,700 00 



300 



FIRE, MARINE, AND FIRE-MARINE [Dec 31, 



Income. 
Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, .... 

Income from surveys and transfers, 

Deposits received for perpetual fire risks, 



Gross cash income, 



Expenditures. 

Cash paid for fire losses, $80,028 90 

Deduct salvage and re-insurance, . . . 401 93 

Net cash paid for fire losses, . 

Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 

for repairs on real estate, 
Deposits returned on perpetual fire risks, . $3,172 20 

Gross cash expenditures, . 



$13,303 77 
158,436 80 

$171,740 57 
13,735 22 

$158,005 35 
19,960 76 



sources, . 



$9,483 83 



$138,044 59 

13,437 39 

11,749 06 

2,711 70 

371 00 



.166,313 74 



$79,626 97 

19,937 00 

23,474 09 

6,038 26 

7,244 65 

4,603 81 

11,224 25 

$152,149 03 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 



. $12,433,383 00 
. 15,281,715 00 



.$27,715,098 00 
. 13,190,672 00 

.$14,524,426 00 



Perpetual risks in force (not included above), f 7,672,201 00 



Premiums. 

$143,663 94 
158,436 80 

$302,100 74 
143,372 39 

$158,728 35 
$175,703 15 



Miscellaneous. 

Premiums received from organization of company, . $1,137,081 00 

Losses paid from organization of company, . . . 525,206 00 

Fire losses incurred during the year, .... 62,428 00 

Cash dividends declared from organization of company, 320,660 00 

Dividends declared during the year (8 per cent.), . 20,000 00 

Company's stock owned by directors, .... 57,850 00 



1888.] 



INS. COS. OF OTHER STATES. 



301 



" MERCANTILE INSURANCE COMPANY," CLEVELAND, O. 

[Incorporated November, 1871. Commenced business Dec. 23, 1872.] 

Paid-up Capital,, $200,000. 

Wm. J. Gordon, President. Geo. A. Tisdale, Secretary. 



Detailed Statement of Stocks 

United States bonds, 

Buffalo and Erie Railroad bonds, 
Cleveland, Col., Cin. and Ind. R. R. bonds, 
Cincinnati and Springfield Railroad bonds, 
Chicago, Mil. and St. Paul Railroad bonds, 
Kilby Manufacturing Co., Cleveland, bonds, . 
100 shares Cleveland and Pittsburgh Railroad, 
500 ' 
100 ' 
100 ' 
298 ' 
50 



Lake Shore & Mich. So. Railroad, . 
Chicago & Northwestern Railroad, 
N. Y. Central & Hudson Riv. R. R., 
Chic, Mil. and St. Paul Railroad, . 
Union Central Depot and Ry. Co., . 



and Bonds. 

Par value. 

$33,000 00 
27,000 00 
24,000 00 
11,000 00 

5,000 00 
20,000 00 

5,000 00 
50,000 00 
10,000 00 
10,000 00 
29,800 00 

5,000 00 



Market value. 

$42,000 00 

33,000 00 

27,200 00 

13,000 00 

6,300 00 

20,000 00 

7,750 00 

52,000 00 

10,800 00 

10,800 00 
24,000 00 

6,000 00 



$229,800 00 $252,850 00 



Summary of Assets Dec. 31, 1888. 

Loans on mortgage of real estate (first liens *), $101,100 00 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, . 
Interest due and accrued, . 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 
Premiums more than 3 months due, $206 82 
Gross assets, 

Liabilities. 
Losses claimed and reported, .... 
Losses disputed or resisted, .... 
Unearned premiums on outstanding risks, 
Commissions and brokerage, .... 

Bills payable, 

Gross liabilities, except capital, 

Surplus as regards policy holders, . 

Paid-up capital, 



2,377 08 


252,850 00 


3,830 37 


35,113 97 


583 33 


8,696 85 


3,584 34 


ft IOR 1'^ 01 


<JJlvO,i.OiJ J-t 


$3,762 63 


2,737 37 


75,011 20 


1,728 46 


453 39 


Q9 KCiQ n* 



$324,442 89 
200,000 00 



Surplus over capital, $124,442 89 

* Value of lands mortgaged $190,000 00 

Value of buildings thereon 20,500 00 

Amount of insurance held as collateral, 14,800 00 



302 



FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash fire premiums received, 



Marine premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash marine premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 



|7,359 15 
122,236 12 

? 129,595 27 
8,903 67 

? 120,691 60 
11,589 35 



13,811 64 
59,396 

-1 34 

ffi '.623 48 
1,594 'JO 



,?109,U_ 



- 
12.416 47 



Gross cash income, . -?2 



Expenditures. 
Cash paid for fire losses, .... 
Deduct salvage and re-insurance, 
Net cash paid for fire losses, . 

Cash paid for marine and inland losses, . 
Deduct salvage and re-insurance, 
Net cash paid for marine and inland losses, 
Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employ* 

for State and local taxes, 

for incidentals, .... 



Gross cash expenditures, 53 36 



79,392 63 
989 39 



$30,154 47 
1,186 72 



ees, 



£78,403 24 



28,967 75 
10,000 00 

~2 46 
5,756 63 
5,347 43 



Risks and Premiums. 



Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount re-insured, 

Net amount in force, 



$11,103,322 00 81: 
11,357.^21 00 122,236 12 



822.461,143 00 $254.2i 3 
10,964,844 00 117,534 79 



$11,496,299 00 61- . - - 
96.650 00 . 41 



$11,399,649 00 $135,734 48 



1888.] 



INS. COS. OF OTHER STATES. 



303 



Marine risks outstanding Dec. 31, 1887, . 
Marine risks written during 1888, . 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 



$125,990 00 
3,329,868 00 

$3,455,858 00 
3,318,023 00 

$137,835 00 



Premiums. 

$6,709 16 
59,396 18 



,105. 34 
60,490* 17 

$5,615 17 



Miscellaneous. 

Premiums received from organization of company, . . $2,822,367 00 

Losses paid from organization of company, .... 1,687,901 00 

Fire losses incurred during the year, 64,973 00 

Marine and inland losses incurred during the year, . . 6,378 00 

Cash dividends declared from organization of company, . 360,000 00 

Dividends declared during the year (5 per cent.), . . . 10,000 00 

Company's stock owned by directors, 126,800 00 



"MERCHANTS INSURANCE COMPANY OF NEWARK," 

NEWARK, N. J. 

[Incorporated Feb. 18, 1858. Commenced business April 18, 1858.] 

Paid-up Capital, $400,000. 

Henry Powles, President. J. R. Mullikin, Secretary. 



Detailed Statement of Stocks and Bonds. 

Far value. Market value. 

United States bonds, $25,000 00 $ 31,843 75 

Newark city bonds, 100,000 00 114,000 00 

East Orange bonds, 7,000 00 7,420 00 

New Jersey State bonds, . . . . . 1,000 00 1,120 00 

Long Branch school bonds, .... 15,000 00 17,700 00 

Elizabethtown water bonds, .... 8,000 00 8,480 00 

Montclair gas and water bonds, . . . 24,000 00 25,200 00 

American Dock and Imp. Company bonds, . 50,000 00 54,500 00 

Belleville and Newark Railroad bonds, . . 1,000 00 1,200 00 

Irvington and Newark Railroad bonds, . . 3,000 00 3,450 00 

Orange and Newark Railroad bonds, . . 50,000 00 57,500 00 

Newark and Bloomfield Railroad bonds, . . 10,000 00 11,500 00 

Central Railroad of New Jersey bonds, . . 47,000 00 52,170 00 

Long Branch and Sea Shore Railroad bonds, . 5,000 00 6,050 00 

Midland Railroad of New Jersey bonds, . . 40,000 00 46,150 00 

Morris and Essex Railroad bonds, . . . 40,000 00 56,790 00 

United Railroad of N. J. and Canal bonds, . 20,000 00 24,400 00 

Morris and Essex Railroad stock, . . . 15,000 00 21,600 00 

United Railroad of N. J. and Canal stock, . 15,000 00 33,000 00 



304 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Warren Railroad stock, . 
Citizens' Gas Light Company stock, 
Newark Gas Light Company stock, . 
New Jersey Southern Railroad bonds, 
Ohio State bonds, .... 
Georgia State bonds, .... 



Securities held as collateral for cash loans : — 

50 shares National State Bank, 

40 " Manufacturers' National Bank, 



Par value. 

$20,600 00 

13,700 00 

10,000 00 

3,000 00 

100,000 00 
25,000 00 



Market value. 

$30,282 00 
21,28 

22,500 00 

3,135 00 

100,750 00 

26,070 00 



$648,300 00 $778,045 75 



Market value. 

$3,450 00 
4,800 00 



Loaned thereon. 

$2,500 00 
2,500 00 



$8,250 00 $5,000 00 



Summary of Assets Dec 

Cash value of unencumbered real estate, . 
Loans on mortgage of real estate (first liens *) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Premiums more than 3 months due, $2,992 71 

Gross assets, 

Deduct special deposits in other States, . 



Balance, 



31, 1888. 

$102,757 15 

417,767 00 

7,368 78 

778,045 75 

5,000 00 

4,387 32 

81,539 98 

4,739 40 

126,750 82 

428 00 



$1,528,784 20 
31,843 75 

$1,496,940 45 



Liabilities. 

Losses adjusted, unpaid, .... 

Losses claimed and reported, . 

Losses disputed or resisted, 

Unearned premiums on outstanding risks, 

Reclaimable on perpetual fire policies, . 

Unpaid scrip ordered to be redeemed, 

Interest due or accrued on scrip, 

State and local taxes, .... 



$48,349 00 

28,629 29 

4,500 00 

569,521 36 

480 00 

4,507 00 

1,084 19 

302 37 



* Value of lands mortgaged, . 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



$ 500,830 00 
564,780 00 
468,775 00 



1888.] 



INS. COS. OF OTHER STATES. 



305 



Commissions and brokerage, . 
Return premiums, etc., 

Gross liabilities, except capital, 
Deduct liability on special deposits, 



Surplus as regards policy holders, 
Paid-up capital, 



$21,599 45 
9,825 27 

,797 93 
29,685 66 



$659,112 27 

$837,828 18 
400,000 00 



Surplus over capital, $437,828 18 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less re-insurance and return premiums, 
Net cash fire premiums received, 
Interest received on mortgages, 
Interest and dividends received from all 
Income from rents, . . ... 



Gross cash income, 



other 



,455 53 
2,207 58 



5,247 95 
941,333 64 

$1,009,581 59 
129,743 53 



$879,838 06 
101,025 03 



sources, . 



78,813 03 

25,484 88 

32,446 07 

2,566 32 



$839,310 30 



Expenditures. 

Cash paid for fire losses, . 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, . 

Cash dividends paid, . 

Cash paid for redemption of scrip, 

Interest paid scrip holders, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 



$376,596 62 
10,587 63 



$366,008 99 

40,150 00 

41 00 

17 04 

169,110 68 

29,269 15 

14,927 64 

70,379 13 



Gross cash expenditures, $689,903 63 



306 



FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Risks and Premiums. 

Premiums. 

.$67,553,174 00 $729,712 78 
.108,892,051 00 941,3:33 04 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount re-insured, 

Net amount in force, . 



£170,445,225 00 £1,671,010 42 
. 66,481,050 00 1,093 54 



$109,964,169 00 §999,952 88 
. 4,135,884 00 31,498 02 



$105,828,285 00 $968,454 86 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, 
Fire losses incurred during the year, .... 
Gash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), . 
Company's stock owned by directors, .... 



$8,338,900 00 

4,157,966 00 

408,763 00 

684,219 00 

40,000 00 

81,500 



"MERCHANTS INSURANCE COMPANY IN PROVIDENl 

PROVIDENCE, R. I. 

[Incorporated May, 1851. Commenced business July, 1851.] 
Paid-up Capital, $200,000. 

W. T. Barton, President. Wi. P. Goodwin, Secretary. 



Detailed Statement of Stocks 



1600 shares National Bank of Commerce, 

1000 ' 

400 ■ 

200 ' 

467 « 

200 ■ 

257 ' 

102 ' 

100 ■ 



' American National Bank, 

1 Merchants' National Bank, . 

4 Globe National Bank, . 

1 Providence Gas Company, . 

' Phenix National Bank, . 

' Mechanics" National Bank, . 

' Manufacturers 1 National Bank, 

' St. Paul and Uuluth R. R , . 
Chicago, Burlington & Northern R. R. Bonds, 
Eastern Railroad of Minnesota Bonds, 



and Bonds. 

Par value. 

£80,000 00 
50,000 00 
20,000 00 
10,000 00 
23,350 00 
10,000 00 
12,850 00 
10,200 00 
10,000 00 
10,000 00 
10,000 00 



Market value. 

'0 00 

►0 00 

28, 100 00 

16,600 00 

35,959 00 

.'0 00 

17. 'J 90 00 

14.382 00 

9,700 00 

•0 00 

1M/225 00 



§246,400 00 £295,656 00 



Securities held as collateral for cash loans : 

14 shares Phenix National Bank, Providence, . 
Providence Institution for Savings, book, 



Market value. 

£1,232 00 
1,326 00 



Loaned thereon. 

§1,950 00 



1888.] 



INS. COS. OF OTHER STATES. 



307 



Market value. Loaned thereon. 



New Haven and Derby Railroad bonds, . 
7 shares Boston and Providence Railroad, 



10 
3 

22 

10 

66 

4 



American Wood Paper Company, 
New York, Prov. and Boston R. R., 
National Warren Bank, . . • 
Mechanics' Nat. Bank, Providence, 
Union Railroad Company, 
Central Car Co. of Connecticut, 



§3,750 00 ^ 



1,736 00 ! 



400 00 
630 00 
1,485 00 
700 00 
11,748 00 
500 00 



} $5,960 00 



J 



1,600 00 

9,000 00 
400 00 



$23,507 00 $18,910 00 



Summary of Assets Dec. 31, 1888. 



Loans on mortgage of real estate (first liens*), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets,f 



$84,800 00 

1,804 13 

295,656 00 

18,910 00 

5,857 85 

35,296 40 

679 28 

26,826 00 



$469,829 66 



Liabilities. 

Losses adjusted, unpaid, .... 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
State and local taxes, .... 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, 



$4,641 29 

15,044 40 

138,100 00 

268 29 

2,414 66 



160,468 64 

$309,361 02 

200,000 00 

$109,361 02 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 



Total, $274,917 96 



$24,742 31 

37 35 

$24,704 96 

250,213 00 



* Value of lands mortgaged $103,500 00 

Value of buildings thereon 131,000 00 

Amount of insurance held as collateral 96,800 00 

f Including $40,000 special reserve fund, held under Rhode Island law. 



308 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 

Premiums now in course of collection, . . $26,820 00 



Entire premiums collected, .... $248,091 90 
Less re-insurance and return premiums, . . 28,447 25 

Net cash fire premiums received, . . . £219,044 71 

Interest received on mortgages, 2,293 81 

Interest and dividends received from all other sources, . . 17,749 16 

Gross cash income, $239,687 68 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 



$147,709 16 

539 50 



£147,169 66 

14,000 00 

40,075 71 

29,602 14 

6,337 02 



Gross cash expenditures, §237,184 53 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



. $20,798,251 00 
. 22,444,160 00 



Total, .$48,242,411 00 

Deduct risks expired and terminated, . . 19,559,601 00 



In force at end of year, . 
Deduct amount re-insured, 

Net amount in force, . 



$23,682,810 00 
239.105 00 



Premiums. 

i 46 
250,213 00 

$499,450 46 
226,323 05 

',133 41 
2,673 04 



$23,443,705 00 $270,460 37 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (7 per cent.), . 
Company's stock owned by directors, .... 



$5,881,830 00 

3,981,724 00 

149,716 00 

648,000 00 

14,000 00 

39,400 00 



1888.] 



IXS. COS. OF OTHER STATES. 



309 



"MERIDEN FIRE INSURANCE COMPANY OF MERIDEN," 

MERIDEN, CONN. 

[Incorporated July, 1868. Commenced business February, 1872.] 
Paid-up Capital, $200,000. 

A. Chamberlain, President. E. B. Cowj.es, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par value. Market value. 

United States bonds, . . ' . . . . $20,000 00 £25,500 00 

Meriden, Conn., water bonds, .... 5,000 00 5,000 00 

Omaha, Neb., city bonds, 10,000 00 10,500 00 

Mercer County, O , bonds, .... 5,000 00 5,500 00 

Housatonic Railroad, Conn., bonds, . . . 10,000 00 10,000 00 

Danbury and Norwalk Railroad bonds, . . 13,500 00 14,365 00 

New York and New England Railroad bonds, 25,000 00 28,150 00 

Chicago, Milwaukee and St. Paul R. R. bonds, . 5,000 00 5,000 00 

Dayton and Michigan Railroad bonds, . . 5,000 00 5,250 00 

Chicago, Rock Island and Pacific R. R. bonds, 5,000 00 5,375 00 

New York, N. H. and Hartford R. R. stock, . 3,500 00 8,540 00 

Chicago, Rock Island and Pacific R. R. stock, . 5,050 00 4,925 00 

Chicago, Burl, and Quincy Railroad stock, . 10,000 00 11,000 00 

Delaware and Hudson Railroad stock, . . 5,000 00 6,625 00 

Chicago and Northwestern Railroad stock, . 5,000 00 5,418 75 

Morris and Essex Railroad stock, . . . 5,000 00 7,250 00 

Chicago, Milwaukee and St. Paul R. R. stock, 10,000 00 10,400 00 

Adams Express Company stock, . . . 2,000 00 2,920 00 

Wells, Fargo & Co. Express stock, . . . 2,500 00 3,500 00 

Meriden Gas Light Company stock, . . 6,500 00 9,425 00 

Home National Bank, Meriden, stock, . . 29,800 00 37,250 00 

Meriden National Bank, Meriden, stock, . . 10,100 00 13,130 00 

First National Bank, Meriden, stock, . . 24,800 00 27,900 00 

New Britain Nat'l Bank, New Britain, stock, . 4,500 00 6,975 00 

Mechanics' National Bank, New Britain, stock, 5,000 00 5,500 00 

Mercantile National Bank, Hartford, stock, . 5,000 00 5,000 00 

Phoenix National Bank, Hartford, stock, . . 200 00 280 00 

First National Bank, Wallingford, stock, . 1,500 00 1,650 00 

Southington Natl Bank, Southington, stock, . 3,000 00 3,030 00 



$241,950 00 $285,358 75 



Summary of Assets Dec. 31, 1888. 
Loans on mortgage of real estate (first liens*), $25,600 00 
Interest due or accrued thereon, . . . 138 01 

Stocks and bonds, as per schedule, . . . 285,358 75 



* Value of lands mortgaged, . 
Value of buildings thereon, 
Amouat of insurance held as collateral, 



$47,700 00 
35,550 00 
28,000 00 



310 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Due from non-resident stockholders, 
Office furniture, .... $1,000 00 
Gross assets, 



$5,970 26 

22,579 99 

591 07 

21,618 00 

89 10 



§361,915 78 



Liabilities. 
Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Losses disputed or resisted, 

Total amount of losses, 
Less re-insurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, .... 



Surplus over capital, 



$3,585 43 

11,029 45 

750 00 

$15,364 88 
2,480 80 

§12,884 08 

70,397 65 

800 00 

2,218 62 



86,300 35 

$275,645 43 
200,000 00 

$75,645 43 



Income, 
Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less re-insurance and return premiums, 
Net cash fire premiums received, 
Interest received on mortgages, 
Interest and dividends received from all 
Income from commissions, 



Gross cash income, 



$17,555 64 
156,722 89 

$174,278 53 
21,618 00 

$152,660 53 
37,071 10 



other sources, . 



$115,589 43 

1/210 50 

14,623 67 

2,413 00 

$133,841 60 



Expenditures. 
Cash paid for fire losses, .... 
Deduct salvage and re-insurance, 
Net cash paid for fire losses, . 
Cash dividends paid, .... 



§86,511 80 
17,176 47 



$69,335 33 
16,000 00 



1888.] 



INS. COS. OF OTHER STATES. 



311 



Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, 



Gross cash expenditures, 



$21,241 70 
8,480 00 
2,099 24 
5,261 27 

$122,417 54 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Risks and Premiums. 

Premiums. 

.$11,302,567 00 $125,233 46 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



. 14,247,530 00 156,722 89 



$25,550,097 00 $281,956 35 
9,885,126 00 119,817 13 



.$15,664,971 00 $162,139 22 
. 2,298,329 00 27,357 25 



. $13,366,642 00 $134,781 97 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (8 per cent.), . 
Company's stock owned by directors, .... 



$2,220,623 00 

1,335,346 00 

76,055 00 

248,000 00 

16,000 00 

76,400 00 



"MICHIGAN FIRE AND MARINE INSURANCE COMPANY," 

DETROIT, MICH. 

[Incorporated February, 1881. Commenced business March, 1881.] 

Paid-up Capital, $400,000. 

D. Whitney, Jr., President. Eugene Harbeck, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par value. 

People's Savings Bank stock, .... $5,000 00 

Sheboygan County bonds, .... 12,500 00 

Alpena County bonds, 1,000 00 

Detroit city bonds, 10,025 00 



Market value. 

$7,000 00 

12,500 00 

1,000 00 

10,025 00 



,525 00 $30,525 00 



Summary of Assets Dec. 31, 1888. 

Cash value of unencumbered real estate,. . $10,351 17 
Loans on mortgage of real estate (first liens *), 586,659 33 



* Value of lands mortgaged, 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



$1,206,767 00 
566,350 00 
298,550 00 



312 FIRE, MARINE, AND FIRE-MA KIXE [Dec. 31, 



Interest due or accrued thereon, 
Stocks and bonds, as per schedule, 
Cash in the office of the company, 
Cash deposited in bank, . 
Interest due and accrued, . 
Premiums in course of collection (gross), 
Gross assets, 



§17,458 48 

30,52.^ 00 

>7 10 

31,907 44 

200 00 

39,893 54 



$724,502 06 



Liabilities. 
Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Return premiums, .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, 



§8,221 00 

5,707 88 

167,641 48 

4,766 39 

>5 11 



190,621 86 

.,880 20 
400,000 00 

#133,880 20 



Income 

Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from premium on new stock, 

Income from brokerage at local agencies 

Income from profit and loss, . 



Gross cash income, 



$23,330 21 
352,298 49 

|l 75,628 70 

39,893 54 

"..735 16 
58,368 64 



sources, 



$277,366 52 

26,646 35 

>9 38 

50,000 00 

2,403 52 

5,000 00 

§365,275 77 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 



§137,067 44 
6,652 56 



§130,414 88 

52,617 99 

9,463 39 

13 87 

30,852 41 

§230,692 54 



1888.] 



INS. COS. OF OTHER STATES. 



313 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



$15,283,810 00 
26,180,521 00 

§11,461,361 00 
17,030,696 00 

$21,433,668 00 
1,090,603 00 



Premiums. 

§213,361 69 
352,298 49 

$565,660 18 
231,051 09 

$334,609 09 
14,968 11 



§23,343,065 00 §319,640 98 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Company's stock owned by directors, .... 



,217,405 00 

568,254 00 

137,511 00 

22,000 00 

212,500 00 



"MIDDLESEX MUTUAL ASSURANCE COMPANY," 
MIDDLETOWN, CONN. 

[Incorporated June 2, 1836. Commenced business June 13, 1836.J 

O. Vincent Coffin, President. C. W. Harris, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par value. Market value. 

United States bonds, §10,000 00 $10,800 00 

Middletown, Conn., town bonds, . . . 56,100 00 57,566 00 

Chatham, Conn., town bonds, .... 4,000 00 4,240 00 

Middlefield, Conn., town bonds, . . . 17,500 00 17,500 00 

Portland, Conn., town bonds, .... 15,000 00 15,420 00 

Hebron, Conn., town bonds, .... 5,000 00 5,000 00 

Kansas City, Mo., city bonds, .... 5,000 00 5,300 00 

Jersey City, N. J., city bonds, .... 25.000 00 27,000 00 

Evansville, Ind., city bonds, .... 5,000 00 5,000 00 

Burlington, Io., city bonds, .... 5,000 00 5,000 00 

Douglas County, Neb., bonds, . . . . 10,000 00 10,500 00 

Delaware and Hudson Canal Company bonds, 10,000 00 14,000 00 

Norwich and Worcester Railroad bonds, . . 5,000 00 5,650 00 

Columbus, Hock. Val. & Toledo R. R. bonds, . 10,000 00 8,000 00 

Chic , Burlington & Quincy Railroad bonds, . 5,000 00 5,200 00 

Terre Haute and Logansport Railroad bonds, 5,000 00 5,600 00 

Chic, Burlington & Northern Railroad bonds, 2,500 00 2,375 00 

American Water Works bonds, . . . 10,000 00 10,000 00 

Nebraska Loan and Trust Company bonds, . 60,000 00 60,000 00 

Equitable Mortgage Company bonds, . . 10,000 00 10,000 00 

Middlesex Banking Company bonds, . . 10,000 00 10,000 00 



314 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



200 shares N. Y. Central & Hudson Riv. R. R., 

250 " Chic., Rock Island & Pacific R. R., . 

200 " N. Y., New Hav. & Hartford R. R., 

250 " Chic, Burlington & Quincy R. R., . 

400 " Chicago and Northwestern R. R., . 

170 " Middletown National Bank, Conn., 

150 " First National Bank, Middletown, . 

85 " Middlesex Co. Nat'l B'k, Middletown, 

30 " Central Nat'l Bank, Middletown, . 

55 " American Exch. Nat'l Bank, N. Y., 



Tar value. 

$20,000 00 

25,000 00 

20,000 00 

25,000 00 

40,000 00 

12,750 00 

15,000 00 

8,500 00 

2,250 00 

5,500 00 



Market value. 

?2 1,600 00 

24,500 00 

48,000 00 

27,250 00 

49,500 00 

17,000 00 

15,000 00 

10 00 

3,000 00 

7,920 00 



$459,100 00 $516,421 00 



Summary of Assets Dec. 31, 1888. 

Cash value of unencumbered real estate, . $31,000 00 

Loans on mortgage of real estate (first liens*), 25,000 00 

Stocks and bonds, as per schedule, . . . 516,421 00 

Cash deposited in bank, 36,313 99 

Premiums in course of collection (gross), . 6,701 49 

Gross assets, 



$615,436 48 



Liabilities. 
Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
State and local taxes, .... 
Commissions and brokerage, . 
Gross liabilities, 

Surplus as regards policy holders, . 



81,000 00 

124.127 07 

55 27 

1,675 37 



130,657 71 

84-4.77- 77 



Income. 

Premiums on risks written or renewed, . . $63,815 59 
Premiums now in course of collection, . . 6,701 49 

Entire premiums collected, .... §57,114 10 
Less re-insurance and return premiums, . . 4,342 50 

Net cash fire premiums received, . . . $52,771 60 

Interest received on mortgages, 1,581 15 

Interest and dividends received from other sources, . . 30,023 01 

Income from rents, 2.107 98 

Gross cash income, $86.4>3 74 

* Value of lands mortgaged, $S0,120 00 

Value of buildings thereon, 13,600 00 



1888.] INS. COS. OF OTHER STATES. 

Expenditures. 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 

Risks and Premiums. 
Fire risks outstanding Dec. 31, 1887, . . $31,440,582 00 
Fire risks written during 1888, . . . 8,431,939 00 



315 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, 



Miscellaneous 
Losses paid from organization of company, 
Fire losses incurred during the year, 



$39,872,521 00 
7,702,073 00 



f32,170,448 00 
8,000 00 



$33,173 


51 


9,369 


50 


9,716 


65 


4,482 


23 


3,909 


32 


$60,651 


21 


Premiums. 



$32,162,448 00 $248,205 14 



$559,182 00 
32,289 00 



"MILWAUKEE MECHANICS' INSURANCE COMPANY," 
MILWAUKEE, WIS. 

[Incorporated Feb. 15, 1852. Commenced business April 1, 1852.] 

Paid-up Capital, $200,001). 

Christian Preusser, President. Adolph J. Cramer, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par value. 

Milwaukee city bonds, 
Brown County, Wis., bonds, 



Door County, Wis., bonds, 
Oshkosh city, Wis., bonds, 
Cream City Railroad stock, 
St. Paul, Minn., city bonds, 
Ramsey County, Minn., bonds, 



Securities held as collateral for cash loans : — 

Cream City Railroad stock, .... 
C. Preusser Jewelry Company stock, 

Mortgage assigned, 

Riverdale Distilling Company, Chicago, stock, 
Concordia Fire Insurance Company stock, 
Mortgage assigned, 



$143,000 00 

44,000 00 

4,500 00 

30,000 00 

9,300 00 

225,000 00 

100,000 00 



Market value. 

$143,000 00 

44,000 00 

4,680 00 

33,600 00 

11,425 00 

229,500 00 

101,500 00 



$555,800 0O $567,705 00 



Market value. 

$30,000 00 
10,000 00 
3,000 00 
10,000 00 
12,000 00 
40,500 00 



Loaned thereon. 

$21,000 00 
6,750 00 
1,800 00 

15,000 00 
8,500 00 



$105,500 00 $53,050 00 



31G FIRE, MARINE, AND FIRE-MARIXE [Dec 31, 



Summary of Assets Dec 
Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for fire risks, 

Gross assets, 



31, 1888. 

$34,300 00 
718,116 

15,299 00 

567,705 00 

53,050 00 

9,781 23 

92,021 49 

5^70 00 

46,209 19 

412 78 



* 1,542,768 67 



Liabilities. 
Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Losses disputed or resisted, 
Unearned premiums on outstanding risks, 
Dividends to stockholders unpaid, . 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



12 00 

17,039 00 

9,150 00 

446,471 89 

176 00 

7,701 :/3 



481,150 42 



. $1,061,61- 
200,000 00 



Surplus over capital, $861,61 3 



Income. 
Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, 



$39,456 18 
546,330 75 

$585,786 93 
46.209 19 



Entire premiums collected, .... $539,577 74 
Less re-insurance and return premiums, . . 46,376 01 

Net cash fire premiums received, . . . $493,201 73 

Interest received on mortgages, 41,237 26 

Interest and dividends received from all other sources, . . 30,592 80 

Income from rents, 999 99 

Income from agency commissions, 399 90 

Gross cash income, $566.4: 

* Value of lands mortgaged, $948,900 00 

Value of buildings thereon, 502, $00 O0 

Amount of insurance held as collateral, 419,000 00 



1888.] 



INS. COS. OF OTHER STATES. 



317 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 



$262,728 98 
8,674 79 



Gross cash expenditures, 



$254,054 19 
49,935 00 
109,062 50 
42,964 17 
15,150 76 
32,217 21 

$503,383 83 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Risks and Premiums 

Premiums. 

.$59,584,526 00 $852,917 45 
. 40,969,906 00 546,330 75 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . . 



$100,554,432 00 $1,399,248 20 
. 39,296,835 00 521,692 92 



.$61,257,597 00 $877,555 28 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, . . . . 
Cash dividends declared from organization of company, 
Dividends declared during the year (25 per cent.), 
Company's stock owned by directors, . 



$6,113,116 00' 

2,923,779 00 

261,164 00 

160,000 00 

50,000 00 

108,220 00 



"MUTUAL FIRE INSURANCE COMPANY IN THE CITY OF 
NEW YORK," NEW YORK, N. Y. 

[Incorporated Feb. 1, 1869. Commenced business June 10, 1882.] 
Faid-up Capital, $260,214.62. 

P. B. Armstrong, President. J. C. Hatie, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par value. Market value. 

United States bonds, $ 270,000 00 $343,575 00 

District of Columbia bonds, .... 345,000 00 426,075 00 

Chicago, Burlington and Quincy R. R. bonds, 50,000 00 46,187 50 

Union Elevated Railroad bonds, . . . 25,000 00 26,312 50 

Fire Association of New York stock, . . 10,000 00 11,000 00 

Columbia Bank stock, 2,000 00 2,540 00 

Metropolitan Elevated Railroad bonds, . . 4,000 00 1,170 00 

Albany and Susquehanna Railroad bonds, . 25,000 00 30,875 00 

Chicago, Mil. and St. Paul Railroad bonds, . 25,000 00 27,625 00 

Houston and Texas Central Railroad bonds, . 7,000 00 8,163 75 



318 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



New York Elevated Railroad bonds, 
Rome, Watertown & Ogdensburg R. R. bonds, 
Pennsylvania Company bonds, .... 
St. Paul, Minn, and Man. Railroad bonds, 
Chicago, Rock Island and Pacific R. R. bonds, 
West Shore Railroad stock, .... 
New York, Lack, and Western Railroad stock, 
Delaware and Hudson Canal Company bonds, 
Chicago and Northwestern Railroad bonds, 
Morris and Essex Railroad stock, . 



Par value. 

$25,000 00 
25,000 00 
25,000 00 
50,000 00 
31,000 00 

100,000 00 
25,000 00 
35,000 00 
16,000 00 
50,000 00 



Market value. 

: 50 
26,875 00 
26,125 00 
45,500 00 
38,902 
102,875 00 
27,500 00 
49, 

17,480 00 
72,000 00 



$1,145,000 00 fl,362,4& 



Summary of Assets Dec. 31, 1888. 



Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 

Salvage property, 

Gross assets, 



$1,362,456 25 

143 46 

61,114 66 

560 00 

63,890 96 

5,014 19 



$1,493,179 52 



Liabilities. 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Interest due or accrued, . 
Due and accrued for rent, salaries, etc., 
Due for borrowed money, 
Gross liabilities, except capital and scrip, 

Surplus as regards policy holders, 

Paid-up capital, 

Scrip outstanding, not ordered to be redeemed, 



Surplus over capital and scrip, . 

Income 

Fire premiums outstanding Dec. 31, 1887 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance, return premiums, etc, 

Net cash fire premiums received, 

Interest and dividends received from all sources, 



$73,845 50 

356,028 05 

7,276 10 

7,713 63 

110,000 00 



$260,214 62 
451,"78 00 



£36,585 78 
861,138 62 

§897,724 40 
63,890 96 

§833,833 44 
174.470 32 



554,863 28 
§938,316 24 



711.292 62 
6227,023 62 



$659,363 12 
50,501 29 



Gross cash income, $709,S64 41 



1888.] 



INS. COS. OF OTHER STATES. 



319 



Expenditures. 

Cash paid for fire losses, $428,448 00 

Deduct salvage and re-insurance, . . . 5,014 19 

Net cash paid for fire losses, .... § 423,433 81 

Cash dividends paid, 56,218 66 

Interest paid scrip-holders, G 1,505 00 

Costs of inspections, . . . 34,369 08 

Cash paid for salaries of officers and employees, . . . 41,717 79 

for State and local taxes, 9,087 44 

for incidentals, 28,577 54 

Gross cash expenditures, $654,909 32 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



. £50,760,698 00 
. 70,409,764 00 



$121,170,462 00 
64,046,272 00 

. $57,124,190 00 
353,168 00 



Premiums. 

$627,533 40 
861,138 62 

$1,488,672 02 
782,808 97 

$705,863 05 
4,444 59 



.$56,771,022 00 $701,418 46 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year, . 



$2,746,194 00 

1,178,580 00 

485,773 00 

201,052 00 

56,219 00 



"NATIONAL FIRE INSURANCE COMPANY OF HARTFORD," 

HARTFORD, CONN. 

[Incorporated Nov. 27, 1871. Commenced business Dec. 1, 1871.] 

Paid up Capital, $1,000,000. 

James Nichols, President. E. G. Richards, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par value. Market value. 

United States bonds, § 50,000 00 f 64,000 00 

Hartford city bonds, 35,000 00 38,950 00 

New Britain city bonds, 6,000 00 7,080 00 

Cleveland city bonds, 10,000 00 11,400 00 

Detroit city bonds, 13,000 00 16,250 00 

Lincoln city bonds, 12,000 00 12,000 00 

Meriden town bonds, 10,000 00 10,400 00 

West Middle School District, Hartford, bonds, 35,000 00 35,000 00 



320 



FIRE, MARINE, AND FIRE-MARIXE [Dec. 31, 



Par valne. Market value. 

Danbnry and Xorwalk Railroad bonds, . . $10,000 $10,000 00 

Harlem Riv. and Portchester Railroad bonds, . 00 

Erie Railway bonds 20,000 00 26,800 00 

Jackson, Lansing and Saginaw Railroad bon< 20.' 00 

Sandusky, Mansfield and Newark R. R. bonds, 10,000 00 12,200 00 

Cin., Hamilton and Dayton Railroad bonds, . 15,000 00 18,000 00 

Knoxville and Ohio Railroad bomK . . 20,000 00 GOO 00 

Cleve., Col., Cin. and Ind. Railroad bonds, . 35,000 00 .500 00 

Chicago and Western Indiana Railroad bonds, 30,000 00 33,900 00 

Chicago and Northwestern Railroad bonds, . 20,000 00 00 

Chic , Mil. and St. Paul Railroad bonds, . . 50,000 00 ; ; 900 00 

Chic, Burl, and Quincy Railroad bond-. . . 10,000 00 10,500 00 

Louisville, New Albany and Chic. R. R. bonds, 10,000 00 11,400 00 

Louisville and Nashville Railroad bonds, . 10,000 00 11,300 00 

East Tenn., Virginia and Georgia R. R. bo- 30,000 00 30,600 00 

Hannibal and St. Joseph Railroad bonds, . 20,000 00 00 

Nodaway Valley Railroad bonds, . . . 9,000 00 10,170 00 

Kansas City, Lawrence & Southern R. R. bonds, 000 00 11,200 00 

Fremont, Elkhorn & Mo. Valley R.R. bond-. . 5,000 00 5,800 00 

St. Paul, Minn., & Manitoba Railroad bonds, . 10,090 00 11,800 00 

St. Paul and Northern Pacific Railroad bonds, 30,000 00 

Northern Pacific Railroad bonds, . . . 55,000 00 61,100 00 

Union Pacific Railroad bonds .'00 00 -.300 00 

Oregon Railway and Navigation Co bonds, . 00 2,400 00 

400 shares N. Y., N. H. and II. Railroad, . . 40,000 00 96,000 00 

200 " New York and Harlem Railroad, . lo,000 00 23,500 00 

500 " N. Y. Cent, and H. R. Railroad, . 50,000 00 54,000 00 

^48 " Pennsylvania Railroad, . . . ,400 00 35,640 00 

200 " Pitts. /Fort Wayne and Chic. R.R., _ 00 30,000 00 

20 J " Cleveland & Pittsburgh Railroad, . lOjOOO 00 15,500 00 

200 " Belt Railroad, Indianapolis, . . 10,000 00 .000 00 

151 " Illinois Central Railroad, . . 15,100 00 17,159 00 

110 " Chic, Burl, and Quincy Railroad, . 11,000 00 12,320 00 

330 " Chicago, R I. and Pacific Railroad, 33,000 00 33,000 00 

100 " Peoria and Bureau Valley Railroad, 10,000 00 16,500 00 

509 " Hartford National Bank, . . 50,900 00 77.-00 

442 " Phoenix National Bank, . . . 44,200 00 53.924 00 

250 " .Etna National Bank, . . . 25,000 00 00 

112 " Charter Oak National Bauk, . . 11,200 00 11,760 00 

100 " Farmers and Mechanics 1 Natl Bank, 10,000 00 10,500 00 

40 a City National Bank, ... 00 00 00 

50 " Mercantile National Bank, . . 5,000 00 " 00 

300 '-' National Exchange Bank, . . 15,000 00 .000 00 

50 " First National Bank. Meriden, . 5,000 00 ) 00 

50 " Second National Bank, New Haven, 5,000 00 6,900 00 

100 - Thames National Bank, Norwich, . 10,000 00 13,800 00 

100 " Metropolitan National Bank, N. Y.. 10,000 00 1,000 00 

50 " Central National Bank, New York, '00 00 00 



1888.] 



INS. COS. OF OTHER STATES. 



321 



75 shares Nat'l Bank of the Republic, Boston, 
70 " Boston National Bank, Boston, 
70 " St. Paul National Bank, St. Paul, . 
20 " Nat'l Bank of Commerce, K. City, 
400 " Willimantic Linen Company, . 



Securities held as collateral for cash loans : 
56 shares Travelers' Insurance Company, 



Par value. 

$7,500 00 
7,000 00 
7,000 00 
2,000 00 

10,000 00 



Market value. 

$10,875 00 

8,540 00 

7,700 00 

2,500 00 

17,400 00 



$1,135,300 00 $1,387,796 00 



Market value. 

$15,680 00 



Loaned thereon. 

$5,450 00 



Summary of Assets Dec. 31, 1888. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, 



$24,478 40 

632,103 87 

12,750 68 

1,387,796 00 

5,450 00 

952 15 

141,189 76 

12,778 07 

109,082 23 



$2,326,581 16 



Liabilities. 
Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Losses disputed or resisted, 
Unearned premiums on outstanding risks, 
State and local taxes, 
Commissions and brokerage, . 
Return premiums, .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, .... 



Surplus over capital, . 

Income 

Fire premiums outstanding Dec. 31, 1887 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 



$53,898 21 

12,901 69 

7,000 00 

724,429 03 

988 05 

15,461 72 

4,776 26 



819,454 96 

$1,507,126 20 
1,000,000 00 



7,126 20 



$61,500 00 
1,641,982 14 

$1,703,482 14 
109,082 23 

$1,594,399 91 



* Value of lands mortgaged, . 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$1,087,550 00 
873,900 00 
530,260 00 



322 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 

. £218,243 98 



Less re-insurance and return premiums, . 

Net cash fire premiums received, . . . 

Interest received on mortgages, .... 
Interest and dividends received from all other sources, 
Income from rents, 



$1,376,155 93 

41,110 96 

64,828 18 

2,634 00 



Gross cash income, f 1,484,729 07 



Expenditures. 

Cash paid for fire losses, . 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 
for State and local taxes, . . » . 
for incidentals, .... 

Gross cash expenditures, .... 



$634,562 50 
38,582 98 



£595,979 52 

100,000 00 

221,444 76 

85,312 49 

18,727 48 

151 

£1,172,72 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Risks and Premiums. 

Premiums. 

. £59,014,887 00 $728,522 70 
. 152,549,546 00 1,641,982 14 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



*211,564,433 00 £2,370,504 84 
. 95,684,152 00 954,641 63 



$115,880,281 00 £1,415,863 21 
. 5,621,310 00 74,867 04 



£110,258,971 00 £1,340,996 1\ 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year. .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, .... 



$8,176,235 00 

3,725,741 00 

593,993 00 

1,377,000 00 

100,000 00 

99,100 00 



1888.] 



INS. COS. OF OTHER STATES. 



323 



"NATIONAL FIRE INSURANCE COMPANY IN THE CITY OF 
NEW YORK," NEW YORK, N. Y. 

[Incorporated 1838. Commenced business April 9, 1838.] 

Paid-up Capital, $200,000. 

Hexry T. Drowne, President. J. H. Kattenstroth, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par value. 

United States bonds, $80,000 00 

Philadelphia and Reading Railroad bonds, . 20,000 00 

New York City water bonds, . . . . 116,500 00 

130 shares National Bank of Commerce, . . 13,000 00 

100 " American Exchange National Bank, 10,000 00 

150 " Manhattan Company Bank, . . 7,500 00 



Market value. 

§ 102,437 50 
18,100 00 
125,820 00 
23,530 00 
14,500 00 
12,750 00 



Securities held as collateral for cash loans : — 

St. Paul, Minnesota and Manitoba R. R. bonds, 
Cairo and Fulton Railroad bonds, . 
Northern Pacific Railroad bonds, 



$247,000 00 $297,137 50 

Market value. Loaned thereon. 

$23,400 00 n 
10,800 00 i $30,000 00 
11,700 00 ) 



$45,900 00 $30,000 00 



Summary of Assets Dec 

Loans on mortgage of real estate (first liens) , 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, 



31, 1888. 

$36,438 98 

336 04 

297,137 50 

30,000 00 

2,460 66 

17,734 71 

1,673 75 

26,155 83 



$411,937 47 



Liabilities. 
Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Losses disputed or resisted, 
Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy-holders, . 
Paid-up capital, .... 



Surplus over capital, 



$4,705 27 

10,230 00 

1,000 00 

119,123 39 

1,074 71 

3,923 37 



140,056 74 

$271,880 73 

200,000 00 

$71,880 73 



324 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
JSame not collected, .... 



Net collected, 

Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 



$25,387 28 
4,117 1G 

$21,270 12 

270,813 86 

?292,083 98 
26,155 83 

$265,928 15 
47,141 00 



$218,787 15 
2,222 07 

8,81 



Gross cash income, $229,81 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for rent, 

for incidentals, .... 

Gross cash expenditures, .... 



6129,919 41 
2,029 10 



£127,890 31 
16,000 00 
53,701 27 
14,846 06 
2,506 15 
_'0 00 
11,183 13 

1229,246 92 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Risks and Premiums. 

Premiums. 

. $28,189,641 00 | 7 39 

. 28,431,862 00 »,813 86 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



. $56,621,503 00 ?500,531 25 
. 29,779,450 00 258,i94 99 



§26,842,053 00 §242,236 26 
577,928 00 3,892 43 



626,264,125 00 $238,34 - 



Miscellaneous. 

Premiums received from organization of company, 

Losses paid from organization of compauy, . 

Fire losses incurred during the year, . 

Cash dividends declared from organization of company, 

Dividends declared during the year (8 per cent.), . 

Company's stock owned by directors, . 



4.591 00 

:4 00 

121.170 00 

1.072.056 00 

16,000 00 

50,950 00 



1888.] 



INS. COS. OF OTHER STATES. 



325 



"NEWARK FIRE INSURANCE COMPANY," NEWARK, N.J. 

[Incorporated May 14, 1810. Commenced business May 14, 1810.] 
Paid-up Capital, $250,000. 

John J. Henry, President. Oscar O. Brewer, Secretary. 



Detailed Statement of Stocks 

United States bonds, 

Essex Passenger Horse Car Company bonds, . 
East Orange Improvement bonds, . 
Orange and Newark Horse Car Company bonds, 
Morris and Essex Railroad stock, 
National State Bank stock, . . 
National Newark Banking Company stock, 
Newark City National Bank stock, . 



Securities held as collateral for cash loans 

Merchants' Insurance Company stock, 
Newark Lime and Cement Company stock, 



and Bonds. 

Par value. 

$75,000 00 

5,000 00 

4,692 37 

25,000 00 

20,000 00 

15,250 00 

7,700 00 

13,250 00 



Market value. 

$95,437 50 
5,750 00 
4,692 37 
29,500 00 
28,600 00 
20,587 50 
10,395 00 
17,887 50 



|165,892 37 $212,849 87 



Market value. Loaned thereon. 

$1,750 00 $1,000 00 
4,000 00 3,000 00 



$5,750 00 $1,000 00 



Summary of Assets Dec 
Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 

Cash deposited in bank, 

Interest clue and accrued, . 
Premiums in course of collection (gross) , 
Notes taken for fire risks, .... 
Gross assets, 



31, 1888. 

$51,329 00 

379,258 27 

5,472 77 

212,849 87 

4,000 00 

2,930 36 

41,619 32 

1,868 33 

15,172 64 

313 51 



14,814 07 



Liabilities. 
Losses adjusted, unpaid, .... 
Losses claimed and reported, . 
Losses disputed or resisted, 
Unearned premiums on outstanding risks, 
Dividends to stockholders unpaid, . 



$1,311 88 

2,883 80 

3,291 06 

122,815 61 

6,942 24 



* Value of lands mortgaged $470,725 00 

Value of buildings thereon 521,475 00 

Amount of insurance held as collateral 457,025 00 



326 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



State and local taxes, 
Commissions and brokerage, . 
Miscellaneous, .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, 



Surplus over capital, 



$183 92 

3,067 77 

203 74 



02 

1,114 05 

250,000 00 



$324,114 05 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, 



Total, " 

Premiums now in course of collection, 

Entire premiums collected, 
Less re-insurance and return premiums, 
Net cash fire premiums received, 
Interest received on mortgages, 
Interest and dividends received from all 
Income from rents, .... 



Gross cash income, 



other 



$15,933 71 
200,024 29 



$215,958 00 
15,48G 15 

$200,471 85 
23,056 30 



sources, 



$177,41* 

19,983 04 
00 93 
1,21 



>,164 b-2 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, 



$111,906 61 
9,3> 



Gross cash expenditures, 



$102.52:: 82 

24,660 40 

38,419 - 

14,390 45 

6,940 46 

B,78 

$195,713 93 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amoimt re-insured, 

Net amount in force, . 



. $26,316,313 00 
. 24,574,852 00 

. $50,891,165 00 
. 22,434/275 00 

>,456,S90 00 
. 1,042,219 00 



Premiums. 

8230,198 08 
200,024 29 

6430.222 37 
181,994 21 

$248,228 16 
L7 96 



.$27,414,671 00 $239,610 20 



1888.] 



IXS. COS. OF OTHER STATES. 



327 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, 
Fire losses incurred during the year, . . . . 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, . 



13,481,421 00 

1,478,690 00 

97,218 00 

578,051 00 

25,000 00 

31,055 00 



"NEW HAMPSHIRE FIRE INSURANCE COMPANY"," 
MANCHESTER, N. H. 

[Incorporated 1S69. Commenced business April, 1S70.] 
Paid-up Capital, $600,000. 

James A. Weston, President. John C. French, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par value. Market value. 

United States Government bonds, . . . $250,000 00 $313,000 00 

City of Manchester, N. H., bonds, ... 700 00 700 00 

City of Chicago, 111., bonds, .... 10,000 00 11,000 00 

City of Marietta, Ohio, bonds, .... 10,000 00 11,000 00 

City of Concord, N. H., bonds, . . . 1,000 00 1,200 00 

Michigan Air Line Railroad bonds, . . . 10,000 00 10,500 00 

Maine Central Railroad bonds, . . . 10,000 00 12,000 00 

Burlington and Missouri River Railroad bonds, 10,000 00 11,000 00 

Chicago, Burlington and Quincy R. R. bonds, . 15,000 00 19,900 00 

Chicago, Burlington and Quincy R. R. bonds, . 10,000 00 9,150 00 

Jackson, Lansing and Saginaw R. R. bonds, . 10,000 00 10,800 00 

New York and New England Railroad bonds, 20,000 00 23,600 00 

Union Pacific Railroad bonds, .... 25,000 00 29,750 00 

Union Pacific Railroad Trust bonds, . . 10,000 00 9,500 00 

Oregon Short Line Railroad bonds, ... 10,000 00 10,800 00 

Boston, Concord and Montreal Railroad bonds, 62,000 00 65,100 00 

Hillsborough County, N. H., bonds, . . 5,000 00 5,500 00 

Chicago and West Michigan Railroad bonds, . 25,000 00 23,750 00 

Topeka, Kan., bonds, 20,000 00 20,500 00 

Minneapolis Gas Light Company bonds, . . 20,000 00 21,000 00 

Chic, Burlington and Northern R. R. bonds, . 5,000 00 4,850 00 

New Mexico and Southern Pacific R. R. bonds, 10,000 00 11,500 00 

New Hampshire Trust Company bonds, . . 30,000 00 30,000 00 

Central Loan and Land Company bonds, . . 20,000 00 20,000 00 

Johnson Loan and Trust Company bonds, . 10,000 00 10,000 00 

Atchison, Topeka and Santa Fe R. R. bonds, . 10,000 00 10,000 00 

City of Topeka, Kan., bonds, .... 10,000 00 10,250 00 

City of Omaha, Neb., bonds, .... 10,000 00 10,500 00 

City of Moorhead, Minn., bonds, . . . 6,000 00 0,000 00 

City of Lincoln, Neb., bonds, .... 20,000 00 20,000 00 



328 



FIRE, MARINE, AXD FIRE-MARIXE [Dec. 31, 



National Loan and Trust Company bonds, 
Suncook Valley Railroad stock, 
Merchants 1 Nat'l B% Manchester, N. II., stock 
N. Y. Central and Hudson River R. R. stock, 
Norwich and Worcester Railroad stock, . 
Pemigewasset Valley Railroad stock, 
Chicago, Burlington and Quincy R. R. stock, 
Chicago, Burlington and Northern R. R. stock 
Atchison, Topeka and Santa Fe R. R. stock, 
Illinois Central Railroad stock, 
Chicago, Rock Island and Pacific R. R. stock, 
Amoskeag Manufacturing Company stock, 
Pemigewasset National B'k, Plymouth, stock, 
Lake Shore and Michigan Southern R. R. stock, 



Securities held as collateral for cash loan- : — 

People's Savings Bank, book, .... 
300 shares Boston Water Power, 
5 " Manchester Mills, .... 
8 " Manchester and Lawrence Railroad, 
2 " Moline Plow Company, . 
Paving bonds, city of Lincoln, Neb., 
24 shares N. Y. Central & Hudson R. R. R., . 
4 " Chicago, Burl, and Quincy R. R., . 
50 " Chicago, Burl, and Quincy R. R., . 
86 " Chicago, Burl, and Quincy R. R., . 
36 " Pullman Palace Car Company, 
Note, secured by mortgage, .... 
50 " N. Y. Central and Hudson R. R. R., 
50 " Lake Shore and Mich. So. R. R., . 
Certificate Guaranty Sav. Bank, Manchester, . 



Par value. 

$10,000 00 

4,000 00 

10,000 00 

10,000 00 

3,100 00 

26,000 00 

44,000 00 

3,000 00 

21. 

30,000 00 

10,000 00 

5,000 00 

6,000 00 

10,000 00 



Market value. 

$10,000 00 

4,600 00 

12.. 

10,700 00 

5,425 00 

27,300 00 

47,080 

1,380 00 

12,255 00 

33,900 00 

9,600 00 

9,500 00 

6,600 00 

10,000 



$857,300 00 §953,690 00 



Market value. 

1,800 00 

700 00 
1,680 00 
1,600 00 

24,000 00 
2,568 00 
432 00 
5.400 00 
-0 00 
6,120 00 
2,700 00 
5,400 00 
5,000 00 
1,200 00 



Loaned thereon. 

§3,000 00 

2,700 00 

20,000 00 
2,050 00 

3,000 00 

12,000 00 
1,650 00 

8,200 00 



§70,806 72 $52,600 00 



SUMMAKY OF ASSETS DEC. 31, 1888. 

Loans on mortgage of real estate (first liens), $362,996 86 

Interest due or accrued thereon, . . . 6,448 76 

Stocks and bonds, as per schedule, . . . 953,690 00 

Loans on collateral security, as per schedule, . 52,600 00 

Cash in the office of the company, . . . v .249 84 

Cash deposited in bank, 53,687 12 

Premiums in course of collection (gross), . 67,428 42 

Gross assets, §1,505,101 00 



1888.] 



INS. COS. OF OTHER STATES. 



329 



Liabilities. 

Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, 



Surplus over capital, 



§35,618 75 
53,421 00 

498,223 78 
13,485 68 



$600,749 21 

$904,351 79 
600,000 00 



$304,351 79 



Income. 

Fire premiums outstanding Dec. 31, 1887, . $51,331 47 
Premiums on risks written or renewed, . . 812,322 30 

Total, $863,653 77 

Premiums now in course of collection, . . 67,428 42 

Entire premiums collected, .... $796,225 35 
Less re-insurance and return premiums, . . 114,205 92 

Net cash fire premiums received, . . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 



Received for increased capital, 



$100,000 



$682,019 43 
18,697 69 
46,123 71 



Gross cash income, $746,840 83 



Expenditures. 

Cash paid for fire losses, ..... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, . . 



$353,125 04 
40,000 00 
135,099 75 
35,982 81 
18,862 76 
33,367 65 

$616,438 01 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 

Total 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . , 



$65,218,960 00 

69,480,389 00 

$134,699,349 00 

58,715,375 00 

$75,983,974 00 

2,783,001 00 



Premiums. 

$804,276 12 
812,322 30 

1,616,598 42 
658,461 43 

$958,136 99 
32,850 48 



$73,200,973 00 $925,286 51 



330 



FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year, .... 
Company's stock owned by directors, .... 



| -7.713 00 
3,02 

1,070 00 

411,000 00 

40,000 00 

158,300 00 



"NEW YORK BOWERY FIRE INSURANCE COMPANY. 
XEW YORK, X. Y. 

[Incorporated April, 1833. Commenced business September, 1833.] 

Paid-up Capital, $300,000. 

John A. Delanot, Jr , President. C. A. Blauvelt, Secretary. 



Detailed Statement of Stocks 

United States bonds, 

Chicago and Northwestern Railroad bonds, 

Northern Pacific Railroad bonds, 

Broadway and Seventh Avenue R. R. bonds, 

Central Pacific Railroad bonds, 

Rome, Watertown & Ogdensb'gh R. R. bonds, 

Milwaukee, Lake Shore and West. R. R. bonds, 

Midland of Xew Jersey Railroad bonds, . 

Denver and Rio Grande Railroad bonds, . 

California Southern Railroad bonds, 

West Shore Railroad bonds, 

N. Y., Ontario and Western Railroad bonds, 

Western New York and Penn R. R. bonds, 

Chesapeake and Ohio Railroad bonds, 

300 shares N. Y., Lack, and Western Railroad, 

220 

200 

100 

100 ' 

600 ' 

200 ( 

United States called bonds, 



Chicago and Rock Island Railroad, 
Chic, St. Paul, Minn, and O. R. R., 
Chic, Mil. and St. Paul Railroad, 
Chicago and Northwestern R. R., 
New York Central Railroad, . 
Long Island Railroad, 



and Bonds. 

l'ar value. 

§250,000 00 
10,000 00 

5,000 00 
21,000 00 
25,000 00 

5,000 00 

5,000 00 
12,000 00 
10,000 00 

5,000 00 
20,000 00 

1,000 00 
10,000 00 
10,000 00 
30,000 00 
22,000 00 
20,000 00 
10,000 00 
10,000 00 
60,000 00 
10,000 00 
20,000 00 



Market value. 

$311,300 00 

10,850 00 

5,3" 

22,470 00 

00 

5,350 00 

13,800 00 

00 

00 

21,000 00 

1,130 00 

00 

11,500 00 

33,000 00 

21,670 00 

-.300 00 

10,350 00 

10,900 00 

65,100 00 

9,350 00 

2«»,000 00 



8571,000 00 £616,720 00 



Securities held as collateral for cash loans : — 

Chesapeake and Ohio Railroad bonds, 
Union Pacific Railroad bonds, .... 
10 shares First National Bank, L'tica, N. Y., . 
10 " Mercantile Insurance Co., N. Y., 



Market value. 

$1,120 00 

1,200 00 

1,020 00 

350 00 



Loaned thereon. 

$700 00 
10 00 

1,083 



1888.] 



INS. COS. OF OTHER STATES. 



331 



Kentucky Central Railroad bonds, . 
300 shares Ohio and Mississippi Railroad, 
50 " Oriental Bank, New York, 



Market value. 

$11,000 00 
6,600 00 
2,500 00 



Loaned thereon. 

$13,000 00 
2,000 00 



$23,790 00 $17,787 50 



Summary of Assets Dec. 31, 1888. 

Loans on mortgage of real estate (first liens *), $22,900 00 

Interest due or accrued thereon, . . . 152 39 

Stocks and bonds, as per schedule, . . . 646,720 00 

Loans on collateral security, as per schedule, . 17,787 50 

Cash in the office of the company, . . . 6,820 32 

Cash deposited in bank, 28,607 54 

Interest due and accrued, 51 00 

Premiums in course of collection (gross), . 44,682 40 

Due for re-insurance, 855 26 

Other property, .... $2,000 00 

Gross assets, 

Liabilities. 
Losses adjusted, unpaid, .... 
Losses claimed and reported, . 
Losses disputed or resisted, 

Total amount of losses, .... 
Less re-insurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., . 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, .... 

Income. 
Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash fire premiums received, 



,846 57 
18,548 67 
. 10,842 74 

$70,237 98 
5,870 32 

$64,367 66 

280,938 30 

6,200 74 

9,383 30 



$40,424 40 

510,618 43 

$551,042 83 

44,682 40 

$506,360 43 

80,876 86 



$768,576 41 



360,890 00 

$407,686 41 
300,000 00 

§107,686 41 



$425,483 57 






* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$50,000 00 
50,000 00 
32,500 00 



332 FIRE, MARINE, AND FIRE-MAEIXK [Dec. 31, 



Interest received on mortgages, 

Interest and dividends received from all other sources, . 



|2,100 00 
25,919 96 



Gross cash income, £453,503 53 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 



3,865 85 

27,245 07 



Gross cash expenditures, $481,223 56 



1266,620 78 

30,000 00 

102,203 77 

38,240 04 

7,061 66 

37,<>97 



Risks and Premiums. 



Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



$78,287,830 00 17 70 

69,687,777 00 510,618 43 



$147,975,607 00 £1,014,356 13 
63,235,501 00 449,520 23 



740,106 00 $564,835 90 
3,440,832 00 33,883 86 



$81,299,274 00 $530,952 04 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), . 
Company's stock owned by directors, .... 



$7,790,429 00 

3,738,637 00 

00 

2,*4C500 00 

30,000 00 

50,075 00 



"NEW YORK EQUITABLE INSURANCE COMPANY/* 
NEW YORK, N. Y. 

[Incorporated April, 1823. Commenced business August, 1823.] 
Paid-up Capital, $210,000. 
John Miller, President. Chas. L. Gunn, Secretary. 

Summary of Assets Dec. 31, 1888. 
Loans on mortgage of real estate (first liens *), 822,800 00 

* Value of lands mortgaged, $29,000 00 

Value of buildings thereon, 29,000 00 

Amount of insurance held as collateral, 17,000 00 



1888.] 



INS. COS. OF OTHER STATES. 



333 



Interest due or accrued thereon, 
United States bonds, ..... 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Gross assets, 



$171 34 

495,745 00 

24,405 51 

2,250 36 

1,081 83 



$546,454 04 



Liabilities. 

Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Due and accrued for rent, 
Commissions and brokerage, . 
Return premiums, 
Gross liabilities, except capital, 

Surplus as regards policyholders, 
Paid-up capital, 



Surplus over capital, . 



$7,181 50 

31,505 00 

600 00 

174 84 

119 33 



39,580 67 

$506,873 37 
210,000 00 

$296,873 37 



Income. 

Fire premiums outstanding Dec. 31, 1887, . $1,449 14 

Same not collected, 20 00 



Net collected $1,429 14 

Premiums on risks written or renewed, . . 58,710 31 



Total, $60,139 45 

Premiums now in course of collection, . . 1,081 83 



Entire premiums collected, .... $59,057 62 

Less re-insurance and return premiums, . . 5,816 13 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other sources, 

Gross cash income, 



$53,241 49 

1,448 00 

18,187 36 

$72,876 85 



EXPENDITUKKS. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 



$27,353 24 
606 47 



$26,746 77 

21,000 00 

10,229 05 

14,940 00 

296 59 

8,583 08 

$81,795 49 



334 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



$10,502,600 00 
9,503,640 00 



Premiums. 

58,710 31 



§20,006,240 00 $120,399 39 
9,640,740 00 58,636 42 



£10,365,500 00 : ,762 97 

366,564 00 1,620 10 



$9,998,936 00 $60,142 87 



Miscellaneous. 
Premiums received from re-organization of company, . 
Losses paid from re-organization of company, 
Fire losses incurred during the year, .... 
Cash dividends declared from re-organization of company, 
Dividends declared during the year (10 per cent ), 
Company's stock owned by directors, .... 



$3,850,7:' 

1,829,534 00 

31,160 00 

1,741,050 00 

21,000 00 

38,585 00 



"NEW YORK FIRE INSURANCE COMPANY OF THE CITY OF 
NEW YORK, ' NEW YORK, N. Y. 

[Incorporated April 18, 1832. Commenced business Dec. 22, 1S32.] 
Paid-up Capital, $200,000. 

Daniel Undekhill, President. Augustus Colson, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par ralue. 

United States bonds, $125,000 00 

Long Island city bonds, . . . • . . 5,500 00 

New York, West Shore and B. R. R. bonds, . 5,000 00 

New York, Lack, and Western Railroad stock, 15,000 00 

113 shares People's Bank, .... 2,825 00 

92 " Tradesmen's Bank, .... 3,680 00 

47 " Mechanics' Bank, .... 1,175 00 



Market value. 

$150,725 00 

75 00 

5,150 00 

16,500 00 

50 00 

3,753 60 

2.115 00 



|158,180 00 £190,168 60 



Summary of Assets Dec. 31, 1888. 
Cash value of unencumbered real estate, . § 10S,400 00 
Loans on mortgage of real estate (first liens*), 38,450 00 

Interest due or accrued thereon, . . . 1,012 63 

Stocks and bonds, as per schedule, . . . 190,168 60 



* Value of lands mortgaged, $2o,000 00 

Value of buildings thereon 67,000 00 

Amount of insurance held as collateral, 47,400 00 



1888.] 



INS. COS. OF OTHER 



Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, etc., 

Gross assets, 

Liabilities. 
Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Losses disputed or resisted, 
Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, 



Surplus over capital, . 



Income 

Fire premiums outstanding Dec. 31, 1887 
Same not collected, .... 

Net collected, 

Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash fire premiums received, 

Interest received on morto;aofes, 

Interest and dividends received from all other 

Income from rents, .... 



Gross cash income, 



S STATES. 


335 


§3,816 15 




4,857 33 




1,386 15 




16,486 32 




826 10 






$365,403 28 




$5,824 80 




9,200 00 




4,546 20 




85,660 93 




250 00 




3,709 00 






109,190 93 




.... 


$256,212 35 




200,000 00 


.... 


$56,212 35 



$17,178 54 
485 78 

$16,692 76 
184,898 59 

$201,591 35 
16,486 32 

$185,105 03 
29,657 85 



sources, 



$155,447 18 
2,364 61 
6,371 05 
3,711 97 

$167,894 81 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, 



$105,502 68 
462 23 



Gross cash expenditures, 



$105,040 45 

37,391 6G 

19,571 83 

2,021 63 

8,641 19 

$172,666 76 



336 



FIRE, MARINE, AXD FIRE-MARIXE [Dec. 31, 



Risks and Premiums. 



Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



$13,738,609 00 |162,693 80 

20,887,048 00 18 I 



$34,625,657 00 ?347,492 45 
15,202,529 00 177,471 00 



$19,423,128 00 $170,021 45 
606,600 00 5,498 00 



$18,816,528 00 $164,523 45 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, 
Fire losses incurred during the year, 
Cash dividends declared from organization of company 
Company's stock owned by directors, 



$1,727,419 00 

2,013,716 00 

.000 00 

1,402,000 00 

35,500 00 



"NIAGARA FIRE INSURANCE COMPANY/' NEW YORK, N. Y. 

[Incorporated July, 1850. Commenced business August, 1850.] 
Paid-up Capitax, $500,000. 

Peter Notmax, President. West Pollock, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par value. 

United States bonds, £598,000 00 

Jersey City bonds, 50,000 00 

N. Y., Chic, and St. L. Railroad bonds, . . 56,000 00 

Albany and Susquehanna Railroad bonds, . 50,000 00 

Lake Erie and Western Railroad bonds, . . 50,000 00 

Chicago, Mil. and St. Paul Railroad bonds, . 50,000 00 

Fremont, Elkhorn and Mo. Yal. R. R. bonds, . 40,000 00 

James River Railroad bonds, .... 25,000 00 

N. Y. Elevated Railroad bonds, . . . 20,000 00 

Morris and Essex Railroad bonds, . . . 21,000 00 

Chateaugay Iron and Ore Company bonds, . 25,000 00 

Wichita City, Kan., bonds, .... 1,640 65 

St. Paul Gas Light Company bonds, . . 15,000 00 

Town of Lake, 111., Gas Company bonds, . 20,000 00 

62| shares Toledo and Ohio Central Railroad, 6,250 00 

400 " Long Island Railroad, . . . 20,000 00 

351 " Am. Exchange National Bank, . 35,100 00 

100 " Western National Bank, . . 10,000 00 

Kansas City bonds, 10,000 00 

100 shares Delaware and Hudson Canal Co., . 10,000 00 

90 " National Railway Co., St, Louis, . 9,000 00 



Market value. 

$762,568 75 

-.570 00 
51,450 00 
67,500 00 
54,500 00 
56,500 00 
49,200 00 
26,500 00 
24,000 00 
30,240 00 
26,250 00 

1,640 65 
16,200 00 
20,600 00 

3.125 00 
18,600 00 
50,895 00 

9.450 00 
10,000 00 
13,200 00 

9,000 00 



$1,121,990 65 $1,359,989 40 



1888.] 



INS. COS. OF OTHER STATES. 



337 



Securities held as collateral for cash loans : — 



256 shares Tajdor Iron Company, . 
360 " Lackawanna Iron and Coal Co., 
165 " North River Bank, . 
18 " Long Island Insurance Company, 
1 " Alliance Insurance Company, 
Louisville and Nashville Railroad bonds, 
Buffalo, Bradford and Pittsburgh R. R. bonds, 
X. Y., Susquehanna and Western R. R. bonds, 



Market value. Loaned thereon. 



$25,600 00 
36,000 00 
6,930 00 
1,710 00 
1,400 00 
7,080 00 
3,300 00 
5,600 00 



$30,000 00 

5,500 00 

750 00 

1,200 00 

6,000 00 
4,000 00 



$87,620 00 $47,450 00 



Summary of Assets Dec. 31, 1888. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Re-insurance, . . . . . 

Gross assets,! 

Deduct special deposits in other States, . 



Balance, $2,295,855 37 



$514,767 18 

46,050 00 

1,298 17 

1,359,989 40 

47,450 00 

30,048 85 

162,929 53 

10,030 30 

175,545 26 

6,371 00 

5,655 68 



>,360,135 37 
64,280 00 



Liabilities. 

Losses claimed and reported, . 

Losses disputed or resisted, 

Unearned premiums on outstanding risks, 

Dividends to stockholders unpaid, . 

Commissions and brokerage, . 

Contingent reserve, 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, . 
Paid-up capital, 



$148,716.07 

26,962 82 

1,268,480 69 

656 00 

30,779 53 

5,000 00 

$1,480,595 11 
30,904 22 



1,449,690 89 

$846,164 48 
500,000 00 



Surplus over capital, $346,164 48 



* Value of lands mortgaged, $36,750 00 

Value of buildings thereon, 70,750 00 

Amount of insurance held as collateral, 70,750 00 

t Including $250,000 special reserve fund, held under New York law. 



338 



FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Income. 

Fire premiums outstanding Dee. 31, 1887, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash fire premiums received, 



$189,021 36 
2,199,821 30 

$2,389,442 66 
173,914 48 

$2,215,528 18 
470,318 48 



$1,745,209 70 



Marine premiums on risks written or renewed, $14,511 06 
Premiums now in course of collection, . . 1,630 78 



Entire premiums collected, .... $12,880 28 
Less re-insurance and return premiums, . . 1,913 30 

Net cash marine premiums received, . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 
Income from rents, 



10,966 98 

2,598 00 

61,272 66 

18,032 89 



Gross cash income, $1,838,080 23 



Expenditures. 

Cash paid for fire losses, .... 
Deduct salvage and re-insurance, 
Net cash paid for fire losses, 



$1,233,786 18 
193,719 51 



Cash paid for marine and inland losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 



Gross cash expenditures, 



$1,040,066 67 

4,656 36 

50,130 00 

310,735 20 

126,450 00 

45,548 72 

183,777 35 

$1,761,364 30 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 



$296,499,210 00 
272,382,596 00 

$568,881,806 00 
257,097,423 00 

$311,784,383 00 
25,669,168 00 



Premiums. 

£2,559,905 82 
2,199,821 30 

£4,"59,727 12 
2,034,886 47 

62,724,840 65 
236,046 18 



Net amount in force, 



$286,115,215 00 $2,48S,794 47 



1888.] 



INS. COS. OF OTHER STATES. 



339 



Marine risks written during 1888, 
Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 



Premiums. 

$5-43,016 00 $14,511 00 
55,561 00 1,842 12 



$487,455 00 
34,722 00 



Net amount in force, .... $452,733 00 

Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, 
Fire losses incurred during the year, .... 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, .... 



$12,668 94 
744 06 

$11,924 88 



$25,445,724 00 

12,972,199 00 

986,107 00 

5,256 00 

2,034,000 00 

50,000 00 

212,700 00 



" THE NORTH RIVER INSURANCE COMPANY," NEW YORK, N. Y. 

[Incorporated Feb. 6, 1822. Commenced business March 6, 1822.] 

Paid-up Capital, $350,000. 

John B. Hall, President. Frederick H. Crum, Secretary. 



Detailed Statement of Bonds. 

Par value. 

United States bonds, f 230,000 00 

Securities held as collateral for cash loans : - 

Shoe and Leather Bank stock, . 

Bank of the Republic stock, 

Tradesmen's National Bank stock, . 

North River Bank stock, . 

Star Fire Insurance Company stock, 

Rutgers Fire Insurance Company stock, 

North River Bank stock, . 

Merchants 1 Exchange National Bank stock, 

German American Bank stock, 



Market value- 

$292,675 00 



Market value. Loaned thereon. 

$2,384 00^1 
2,280 00 J 
1,224 00 \ 
4,230 00 

500 00 
5,625 00 
2,115 00 
4,446 00 

907 50 



$23,711 50 
Summary of Assets Dec. 31, 1888. 



$5,100 00 

4,000 00 
5,000 00 

f 14,100 00 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*), 
Interest due or accrued thereon, 
Bonds, as per schedule, .... 
Loans on collateral security, as per schedule, 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, 



$36,365 28 

98,050 00 

1,461 71 

292,675 00 

14,100 00 

7,473 21 

209 43 

15,793 42 



$466,128 05 



* Total value of property mortgaged, 
Amount of insurance held as collateral, 



$259,600 00 
114,075 00 



340 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 

Liabilities. 



Losses adjusted, unpaid, . 
Losses claimed and reported, . 

Total amount of losses, . 
Less re-insurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding 
Dividends to stockholders unpaid, 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, 

Surplus over capital, . 



risks, 



$6,369 99 
5,504 60 

$11,874 59 
1,333 50 

$10,541 09 

66,698 43 

1,710 00 

3,158 68 



$82,008 20 

$384,119 85 
350,000 00 

$34,119 85 



Income. 
Fire premiums outstanding Dec. 31, 1887, 
Same not collected, .... 



Net collected, 

Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less re-insurance and return premiums, 
Net cash fire premiums received, 
Interest received on mortgages, 
Interest and dividends received from all 
Income from rents, .... 



Gross cash income, 



other 



$10,252 76 
378 72 

$9,874 04 
123,465 84 

$133,339 88 
15,793 42 

$117,546 46 
8,791 53 



sour 



$108,754 93 
6,798 21 
9,654 27 
2,100 00 

$127,307 41 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 



$51,668 83 
871 23 



Gross cash expenditures, 



$50,797 60 
2S,454 00 
22,684 90 
11,116 56 

2,518 70 
11,865 38 



$137,437 14 



1888.] 



INS. COS. OF OTHER STATES. 



341 



Risks and Premiums. 



Premiums. 



Fire risks outstanding Dec. 31, 1887, . 
Fire risks written during 1888, . 

Total 

Deduct risks expired and terminated, 

In force at end of year, 

Deduct amount re-insured, . • . 

Net amount in force, . 



$11,099,928 00 $75,742 24 
17,035,459 00 123,465 84 



$28,135,387 00 $199,208 08 
11,196,146 00 72,130 75 



$16,939,241 00 $127,077 33 
410,010 00 2,528 98 



,529,231 00 $124,548 35 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the j T ear (8 per cent.) , . 
Company's stock owned by directors, . 



$3,296,901 00 

1,337,408 00 

55,678 00 

2,422,000 00 

28,000 00 

88,875 00 



"NORTHWESTERN NATIONAL INSURANCE COMPANY OF 
MILWAUKEE, WISCONSIN," MILWAUKEE, WIS. 

[Incorporated Feb. 20, 1869. Commenced business July 1, 1869.] 

Paid-up Capital, $600,000. 

Alfred James, President. J. P. McGregor, Secretary. 



Detailed Statement of Bonds. 

Par value. 

United States bonds, $300,000 00 

Chic, Milwaukee and St. Paul Railroad bonds, 165,000 00 

Mil., Lake Shore and Western R. R. bonds, . 50,000 00 

Milwaukee city bonds, 130,000 00 

Milwaukee County bonds, .... 72,000 00 



Market value. 

$382,780 00 
210,150 00 

58,500 00 
130,500 00 

73.200 00 



$717,000 00 $855,130 00 

Summary of Assets Dec. 31, 1888. 

Loans on mortgage of real estate (first liens*), $374,250 00 

Interest due or accrued thereon, . . . .'5,49 1 51 

Bonds, as per schedule, 855,130 00 

Cash in the office of the company, . . . 5,086 54 

Cash deposited in bank, 170,657 70 

Interest accrued, 1,400 00 

Premiums in course of collection (gross), . 51,812 73 

Board of Trade certificates, .... 1,70000 

Gross assets, $1,463,528 48 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of Insurance held aa collateral, 



$602,775 00 
620,600 00 
295,550 00 



342 FIRE, MARINE, AND, FIRE-MARINE [Dec. 31, 



Liabilities. 
Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Losses disputed or resisted, 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Re-insurance, etc., .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, 



$12,219 46 

21,840 00 

2,950 00 

464,521 71 

12,953 18 

3,258 49 



£517,742 84 

$945,785 64 
600,000 00 

$345,785 64 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash fire premiums received, 



?34,852 30 
550,077 20 

$584,929 50 
51,812 

$533,116 77 

57,335 17 



Marine premiums on risks written or renewed, $7,459 26 

Less re-insurance and return premium-. . . 3,824 82 

Net cash marine premiums received, . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 
Income from salvages, 



$475,781 60 



3,634 4t 
16,400 15 
39,998 31 

5,587 W 



Gross cash income, $541,401 78 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

Cash paid for marine and inland losses, . 

Deduct salvage and re-insurance, 

Net cash paid for marine and inland losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 
for salaries of officers and employ 
for State and local taxes, . 
for incidentals, 

Gross cash expenditures, .... 



£276,862 49 
8,915 94 



$2,181 92 

433 86 



$267,916 55 



1.748 06 

I 00 

" _ I 43 

- 49 

13,323 10 

39.578 34 

$493,107 



1888.] 



INS. COS. OF OTHER STATES. 



343 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 

Marine risks outstanding Dec. 31, 1887, 
Marine risks written during 1888, . 

Total, 

Deduct risks expired and terminated, 



$71,874,554 00 
49,421,386 00 


Premiums. 

$886,016 11 
550,077 20 


$121,295,940 00 $1,436,093 31 
46,484,013 00 525,444 11 


$74,811,927 00 
482,089 00 


$910,649 20 
6,317 21 


$74,329,838 00 

$125,000 00 
2,453,156 00 


§904,331 99 

$500 00 
7,459 26 


$2,578,156 00 
2,578,156 00 


$7,959 26 
7,959 26 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, 
Fire losses incurred during the year, . . . . 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (8 per cent.), . 
Company^ stock owned by directors, . 



^7,710,191 00 

4,148,515 00 

266,295 00 

966 00 

795,000 00 

48,000 00 

319,300 00 



"ORIENT INSURANCE COMPANY," HARTFORD, CONN. 

[Incorporated June, 1867. Commenced business January, 1872.] 

Paid-up Capital, $1,000,000. 

Chas. B. Whiting, President. James U. Taintor, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par value. Market value. 

504 shares American National B'k, Hartford, $25,200 00 $33,264 00 

122 " .Etna National Bank, Hartford, . 12,200 00 12,932 00 

130 " Charter Oak Nat'l Bank, Hartford, 13,000 00 13,910 00 

100 " Farm, and Mech. Nat'l B% Hart., 10,0)0 00 10,600 00 

152 " Mercantile National Bank, . . 15,200 00 12,920 00 

62 " Phoenix National Bank, Hartford, 6,200 00 7,440 00 

186 " Exchange National B'k, Hartford, !)300 00 11,160 00 

105 " City National Bank, Hartford, . 10,500 00 9,97."> 00 

71 " First National Bank, Hartford, . 7,100 00 7,313 00 

1000 " Hartford National Bank, Hartford, 100,000 00 158,000 00 

100 " Conn. T. and S. D. Co., Hartford, . 10,000 00 14,500 00 



344 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Par value. Market value. 

200 shares Thames National Hank, Norwich, $20,000 00 .000 00 

100 " First National Bank, Norwich, . 10,000 00 11,500 00 

6 " Rockvillc National FTk, Rockville, 600 00 I 00 

75 " Metropolitan National B'k, N. Y., 7,500 00 'K) 

302 " Mechanics" National Bank, . . 7.. 13. 

300 " N. Y., N. II. and II. Railroad Co., 30,000 00 73,500 00 

30 " Naugatuck Railroad Company, . 3,000 I 0,930 00 

100 " Housatonic Railroad Company, . 10,000 00 »00 00 

200 " N. Y. C. and Hudson River R. R., 20,000 00 21,800 00 

50 " Union Pacific Railroad, ... 

100 " Central Pacific Railroad, . . 10,1 

400 " Cleveland and Pittsburgh R. R., . 20,000 00 32,000 00 

110 " C., B. and Quincy Railroad, . . 11,000- 12,100 00 

9 " Chicago, Burl, and N. Railroad, . 900 00 414 00 

Georgia State bond-- XX) 00 27.250 00 

Vermont Valley Railroad bonds, . . . 25,000 00 28,750 00 

St.Jolmsburyand Lake ChamplainR.R. bond-. 15,000 00 17,550 00 

Pittsburgh, Cleveland and Toledo R. R. bonds, 10,000 00 11,200 00 

Kansas Pacific Railroad bonds, ... 10,000 00 11,200 00 

C, C, Cin. and Indianapolis Railroad bond-, , 25,000 00 33,500 00 

C. C, Cin. and Indianapolis Railroad bond- 10,000 00 11,400 00 

Morris and Essex Railroad bonds, . . . 10,000 00 14,200 

Chicago, Minn, and St. P. Railroad bonds, . .000 00 25,000 00 

Dayton and Michigan Railroad bonds, . . 'WOO 26, 500 00 

Terre Haute and Logansport Railroad bonds, ■ 10,000 00 10,600 00 

Chic. Burl, and Northern Railroad bonds, . 1,500 00 1,470 00 

Ohio and West Virginia Railroad bone . 3,000 00 3,390 00 

Columbus and Toledo Railroad bonds, . . 11.000 00 12,700 00 

Cincinnati, Van Wert and Mich. R. R. bonds, . 10,000 10,600 

Missouri, Kansas and Texas Railroad bonds, . 15,000 00 13,725 00 

Bast Tenn., Virginia and Georgia R. R. bond-, 15.000 00 15,300 00 

Gulf, Colorado and Santa Fe Railroad bond-. . 10,000 00 11.-' 

Oxford and Clarksvffle Railroad bonds, . . 10,000 00 10,200 00 

Louisville, Cin. and Lexington R. R. bonds, . 10,000 00 11,400 00 

Detroit, Lansing and Northern R. R. bonds, . 10,000 00 11,800 00 

Atlantic Dock Company bonds. . . . 9,000 00 9,900 00 

Town of Hartford, Conn., bonds, . . 5,000 00 00 

Town of Thomaston, Conn., bonds, . . . 15,000 00 . 15,750 00 

Town of Pawtucket, R. I., bonds, . . . .000 00 30,500 00 

Town of Merrill, Wis., bonds, .... 4,000 00 4.240 00 

City of Lockport, N. Y., bond-: . . . 10,000 00 12,400 00 

City of Washington, Ind., bonds, . . . 5,000 00 50 00 

Tity of Indianapolis, Ind., bonds, . . . ,000 00 -.000 00 

City of Evansville, Ind., bonds, . . . 15,000 13.500 00 

City of New Brunswick, N. J., bonds, . . 10.000 00 1".600 00 

City of Council Bluffs, Io., bonds, ... 00 

City of Richmond, Va, bonds, .... 24.000 00 <:>.600 00 

City of Norfolk, Va., bonds, .... 00 21,200 00 



1888.] 



INS. COS. OF OTHER STATES. 



345 



City of Sioux Falls, Dak., bonds, 

County of Coffey, Kan., bonds, . 

County of Wapello, lo., bonds, 

County of Lyon, lo., bonds, 

County of Dickinson, Kan., bonds, 

Mason and Tazewell District, 111., bonds 

Rutland and Grafton District, 111., bonds 

First Baptist Church, Nashville, Tenn., bonds 

Medicine Lodge Township, Kan., bonds, 

Bethany Township, Kan., bonds, 

Buckeye Township, Kan., bonds, 

Oswego Township, Kan., bonds, 

School District, Salamanca, X. Y., bonds 

Kansas school bonds, 

Kansas school bonds, 

Nebraska school bonds, 

Nebraska school bonds, . 

Dakota school bonds, 

Dakota school bonds, 

Minnesota school bonds, . 



Par value. 

$18,000 00 

10,000 00 

10,000 00 

10,000 00 

10,000 00 

25,000 00 

10,000 00 

19,000 00 

5,000 00 

4,000 00 

2,955 00 

5,000 00 

12,000 00 

1-1,297 00 

12,000 00 

13,125 00 

300 00 

3,500 00 

s.500 00 

8,500 00 



Market value. 

$13,910 00 

11,200 00 

10,600 00 

10,000 00 

10,300 00 

27,500 00 

10,400 00 

19.950 00 

5,400 00 

4,320 00 

3,250 50 

5,100 00 

12,840 00 

14,725 91 

13,200 00 

13,912 50 

309 00 

3,955 00 

9,010 00 

8,925 00 



,017,927 00 $1,224,648 41 



Securities held as collateral for cash loans : — 



JEtna Fire Ins. Company, Hartford, 
.Etna Fire Ins. Company, Hartford, 
American National Bank, Hartford, 
Charter Oak Nat'l Bank, Hartford, 
First National Bank, Hartford, 
Security Company, Hartford, 
Hartford Trust Company, Hartford 
Collins Company, Collinsville, 
American Screw Company, . 
Conn. General Life Ins» Company 
Middlesex County National Bank, 
Adams Express Company, 
Adams Express Company, 
Eagle Lock Company, Terryville, 
Meriden Britannia Company, 
N. Y. Cent, and H. R. Railroad, 
C, B. and Quincy Railroad, . 
Willimantic Linen Company, 
Billings & Spencer Company, 
iEtna Tns. Company, Hartford, 
Western Union Tel. Company, 



Market value. 

$3,275 00 
1,000 00 
500 00 ^ 



Loaned thereon. 

$600 00 
700 00 



975 00 i 
525 00 ( 
300 00 j 
(',75 00^ 
3.125 00 

775 00 [ 

1,410 00 j 

4,725 00 

735 00 

3,480 00 

725 00 

3,640 00 ^ 

950 00 ■ 

1,070 00 [ 

1,819 00 J 

10,800 00^ 

4,500 00 ) 

6,250 00) 

4,980 00 



1.880 00 



4,050 00 

3,000 00 

360 00 

1,350 00 

500 00 



501 > 00 

15,000 00 
2,600 00 



$56,234 00 $30,540 00 



346 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Summary of Assets Dec 

Cash value of unencumbered real estate, . 
Loaus on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, :is per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (_ 
Rents due and accrued, .... 

Gross assets, 

Deduct special deposits in other States, . 



Balance, £1,661,752 70 



31, 1888. 

$16,125 69 

242,908 00 

2,200 92 

1,224,648 41 

30,540 00 

2,017 10 

67,728 47 

22,418 25 

1:11,539 91 

680 95 



$1,743,802 70 
82,050 00 



Liabilities. 
Losses claimed and reported, . 
Losses disputed or resisted, 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, 



Income 

Fire premiums outstanding Dec. 31, 1887 
Same not collected, .... 

Net collected, 

Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected. 

Less re-insurance and return premiums, 

Net cash fire premiums received. 

Interest received on mortgag 

Interest and dividends received from all 

Income from rents, .... 



Gross cash income, 



other 



$56,579 67 

6,77 

493,617 23 
25,00." 

$581,981 16 

9,586 89 



572394 27 

$1,089,358 43 
1 ,( .00,000 00 

$89,358 43 



$121,412 90 
9,623 14 

$111,789 76 
931,281 97 

81,043,071 73 
134,539 91 

$908,531 82 
158,699 34 



sources, 



$749,832 48 

15,808 21 

60,074 33 

310 59 

$826,025 61 



* Total value of property mortgaged, $791,055 00 

Amount of insurance held as collateral 130,000 00 



1888.] 



INS. COS. OF OTHER STATES. 



347 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 

Gross cash expenditures, .... 



$457,317 95 
23,634 97 



$433,682 98 
60,000 00 
134,684 87 
50,974 94 
17,824 21 
63,214 68 

$760,381 68 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, . 



Risks and Premiums. 

Premiums. 

. $68,167,788 00 f 831,279 86 
. 71,225,345 00 931,281 97 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



$139,393,133 00 $1,762,561 83 
. 59,974,950 00 775,021 22 



. $79,418,183 00 $987,540 61 
. 2,843,260 00 36,699 33 



. $76,574,923 00 $950,841 28 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (6 per cent.), . 
Company's stock owned by directors, .... 



56,898,621 00 

4,160,354 00 

430,094 00 

745,000 00 

60,000 00 

107,200 00 



« PACIFIC FIRE INSURANCE COMPANY, 1 ' NEW YORK, N. Y. 

[Incorporated April 26, 1851. Commenced business April 29, 1851.] 

Paid-up Capital, $200,000. 

Frank T. Stinson, President. George Jeremiah, Secretary, 



Detailed Statement of Stocks and Bonds. 

Par value. 

United States bonds, $166,000 00 

New York City bonds, 247,000 00 

Broadway and Seventh Avenue Railroad bonds. 10,000 00 

Syracuse, Binghamton and N. Y. R. R. bonds, 5,000 00 

N. Y. Central and Hudson River R. R. stock, . 5,000 00 



Market value 

&210,088 75 

258,460 00 

10,500 00 

6.750 00 

5,450 00 



$433,000 00 $491,243 75 



348 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 

Securities held as collateral for cash loans : — 



10 shares Star Fire Insurance Company, . 

12 " People's Fire Insurance Company, . 



Summary of Assets Dec 
Cash value of unencumbered real estate, . 
Loans on mortgage of real estate (first liens*) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gro> 
Rents due and accrued, .... 
Premiums more than 3 months due, $2,07 

Gross assets, 

Liabilities. 



Market value. Loaned thereon. 

00 $200 00 
480 00 400 00 



$880 00 

31, 1888. 

$70,000 00 

12:.,G00 00 

1,207 63 

49 1,243 75 

600 00 

3,848 13 

15,145 93 

3,537 00 

27,683 30 

104 17 



00 



£738,969 91 



Losses adjusted, unpaid, .... 
Losses claimed and reported, . 
Losses disputed or resisted, 


fl 1,384 93 
7,600 00 
2,650 00 




Total amount of losses, .... 
Less re-insurance, 


$21,634 93 
544 93 




Net amount of unpaid losses, . 
Unearned premiums on outstanding ri-k<. 
Due and accrued for rent, salaries, etc., . 
Commissions and brokerage, . 
Gross liabilities, except capital, 


$21,090 

167,238 

1,513 

9,057 


00 
36 

82 


198,899 66 


$18,935 04 
2,550 00 


Surplus as regards policy holders, . 


',<)7o 25 
200,000 00 


Surplus over capital, .... 

Income. 
Fire premiums outstanding Dec. 31, 1887, 
Same not collected, ..... 


$340,070 25 


Net collected, 

Premiums on risks written or renewed, . 


$16,385 
.474 


04 

> 




Total, 


f299.859 


82 








$119,400 00 
170,400 00 
153,300 00 



1888.] 



INS. COS. OF OTHER STATES. 



349 



Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 



Gross cash income, 



$30,359 08 

$269,500 74 
22,017 94 



sources, 



$247,482 80 

6,295 78 

15,852 71 

2,362 49 

$271,993 78 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for rents, 

for incidentals, .... 

Gross cash expenditures, .... 



$159,965 62 
13,752 00 



$146,213 62 
24,000 00 
53,748 99 
27,597 40 
5,754 13 
2,100 00 
10,563 37 

$269,977 51 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Risks and Premiums. 

Premiums. 

,140,388 00 $311,776 53 
33,994,866 00 283,474 78 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



$72,135,254 00 $595,251 31 
30,220,472 00 256,942 71 



$41,914,782 00 $338,308 60 
1,840,162 00 17,960 52 



$40,074,620 00 $320,348 08 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, . 
Cash dividends declared from organization of company, 
Dividends declared during the year (12 per cent.), 
Company's stock owned by directors, . 



$5,320,726 00 

2,627,066 00 

140,354 00 

1,248,000 00 

24,000 00 

17,475 00 



350 FIRE, MARINE, AND FIRE-MARINE [Doc. 31, 



"THE PACKERS AND PROVISION DEALERS INSURANCE 
COMPANY." CHICAGO, ILL. 

[Incorporated Dec. 19, 1885. Commenced business Jan. 2, 1886.] 

Paid-up Capital, $250,000. 
\\m. E. Hollo, President. J AS. B. Towek, Secretary. 



Detailed Statement of Bonds. 

Par value. 

Cook County bonds, $49,000 00 

Chicago city bonds, 1.", ,000 00 

Chicago Railway Company bonds, . . . 8,000 00 

Smite Fe Elevator and Dock Company bond-. 10,000 00 



Market value. 

|55 ( 198 To 

16340 00 

8,080 00 

9,750 00 



$82,000 00 $89,668 75 



Summary of Assets Dec. 81, 1888. 

Loans on mortgage of real estate (first liens *), $ 184,500 00 

Interest due or accrued thereon, . . . 2,899 00 

Bonds, as per schedule, 89,668 7.", 

Cash in the office of the company, . . . 4,856 24 

Cash deposited in bank, 25,016 41 

Interest due and accrued, 492 50 

Premiums in course of collection (gross), . 4,230 32 

Gross assets, 



$311,663 22 



Liabilities. 
Losses claimed and reported, . 
Losses disputed or resisted, 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, 



$3,200 00 
1,202 50 

26,131 81 
1,057 58 



31,591 89 

$280,071 33 
250,000 00 

$30,071 33 



Income. 
Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash fire premiums received, 



$4,519 33 
59,919 b^> 



$64,438 91 
4.230 32 



30,208 59 
9,800 67 



$50,407 92 



* Total value of property mortgaged, 
Amount of insurance held as collateral, 



$537,600 00 
184,100 00 



1888.] 



INS. COS. OF OTHER STATES. 



351 



Interest received on mortgages, 

Interest and dividends received from all other sources, . 



Gross cash income, 



,175 10 
4,385 00 



65,968 02 



'Expenditures. 

Cash paid for fire losses, .... 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, . 

Cash paid for commissions and brokerage, 

for State and local taxes, 

for incidentals, 

Gross cash expenditures, . 



f32,210 2G 
1,110 47 



$31,093 79 

12,047 76 

3,694 47 

538 61 

$47,374 63 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount re-insured, 

Net amount in force, . 



$3,467,621 00 

5,215,639 00 

$8,683,260 00 

4,201,277 00 

14,481,983 00 

143,433 00 



Premiums. 

$37,592 17 
59,919 58 

$97,511 75 
45,132 96 

$52,378 79 
1,831 18 



$4,338,550 00 $50,547 61 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Company's stock owned b}^ directors, . . . . 



$144,231 00 

58,644 00 

31,001 00 

15,000 00 

142,500 00 



"PENNSYLVANIA FIRE INSURANCE COMPANY," PHILADEL- 
PHIA, PENN. 

[Incorporated March, 1825. Commenced business April, 1825.] 
Paid-up Capital, $400,000. 

John Devereux, President. John L. Thomson, SecreUwij. 



Detailed Statement of Stocks and Bonds. 

Par value. Market value. 

Philadelphia city bonds, $50,000 00 $60,140 00 

Philadelphia, Wil. and Bait. Railroad bonds, . 125,000 00 127,950 00 

Philadelphia and Erie Railroad bonds, . . 75,000 00 84,750 00 

Pennsylvania Railroad bonds, . . . . 99,000 00 116,090 00 



352 



FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



United Companies of New Jersey bond-. 
Easton and Amboy Railroad bonds, 
Philadelphia and Reading Railroad bonds. 
Phila. and Reading Coal and Iron Co. bonds, 
Lehigh Valley Railroad bond-. 
Klmira and Williainsport bonds, 
West Jersey Railroad bonds, . 
Penn. and N. Y. ( 'anal and Railroad Co. bonds, 
Western Pennsylvania Railroad bonds, . 
Chicago and Western Indiana Railroad bond- 
Jacksonville Southeastern Railway bonds, 
Shamo., Sunbury and Lewisburg R. R. bond- 
Corning, Cow. and Antrim Railroad bond-. 
Terre Haute and Logansport Railroad bond-, 
New York and Long Branch Railroad bond-. 
Northern Pacific Railroad bonds, 
Superior street Railroad bond-. 
Bellefonte, Xittanv and Lemont R. R. bonds, 
St. Paul and Northern Pacific Railroad bond- 
Lehigh Valley Coal Company bond-. 
Pittsburgh, McK. and Yough. Railroad bond-. 
Cleveland, Columbus, Cin. and Ind.R. R. bonds 
Buffalo Run, Belle, and Bald Eagle R.R. bonds 
Grand Rapids and Indiana Railroad bonds, 
New York, Lake Erie and Western R. R. bonds 
Railroad Aid bonds, Kiowa County. Kan- 
Oregon and Pacific Railroad bond-. 
Dixon Water Company bonds, . 
Galesburg Water Company bonds, . 
Knoxville Water Company bonds, . 
United Gas Improvement Company bonds, 
American Steamship Company bonds, 
Lehigh Coal and Navigation Company bonds 
Chesapeake and Delaware Canal Co. bond-. 
Delaware Division Canal Company bonds, 
The Pennsylvania Company bond.-. 
The X. Y. and Pac. Car Trust Asso n bonds, 
( lar Trust of New York bonds, 
Huntingdon and Broad Top Car Trust bonds, 
Huntington County, Ind., bonds, 
Ilarrisburg city bonds, .... 
St. Louis city bonds, ,. 

Camden county* bonds, .... 
Cincinnati city bonds, .... 
Pittsburgh city bonds, .... 
Springfield, 111., city bonds, 
Topeka, Kan., city bonds, .... 
Kansas City, Kan., city bonds, . 



I'ar value. 

|60,000 
50,000 
93,500 00 
20,000 00 

.000 00 

,000 00 
10,000 00 
24,000 00 
10 00 
49,000 00 
30,ooo 00 
20,000 00 
30,000 00 
50,000 00 
25,000 00 
40,000 00 
10,000 00 
20,000 00 

.000 00 
25,000 00 
20,000 00 
30,000 00 
20,000 00 
21,000 00 
00,000 00 

.000 00 
20,000 00 
10,000 00 
10,000 00 
15,000 00 
30,000 00 
15,000 00 
20,000 00 
10,000 00 
20,000 00 
10 o0 
72,000 00 
19,000 00 
20,000 00 
34,000 00 
18,000 00 

.000 00 
1,000 00 
53,000 00 
50,000 00 
45,000 00 
30,000 00 
30,000 00 



Market value. 

$67,200 00 
,126 00 

00 
68,410 00 

30.: 

12,300 00 
31,020 00 

.370 00 

28,500 00 

20,600 00 

31,500 00 

50,000 00 

26,750 00 

47,000 00 

10,500 00 
22,000 00 

26,250 00 

_.800 00 
..4,200 00 
20,600 00 
19,950 00 
33,000 00 

-.500 00 

20,000 00 

10 00 

5,000 00 
16,500 00 
30,900 00 
16,350 00 
: 2.800 00 
•0 00 
20,000 00 

7,560 00 
61,200 00 
14,250 00 
.000 00 
35,360 00 
19,380 00 
31,000 00 

1,030 00 
69,760 00 
61,780 00 
48,150 00 
31,050 00 
30,825 00 



1888.] 



INS. COS. OF OTHER STATES. 



353 



Newark city bonds, 

200 shares Philadelphia National Bank, . 



Par value. Market value. 

$20,000 00 $23,000 00 
20,000 00 49,600 00 



$ 1,759,500 00 $1,939,720 00 



Securities held as collateral for cash loans : — 



R 



411 " Lake Superior Elevator Company, 
100 " Lumbermen's Insurance Company, 
200 " North Pennsylvania Railroad, 
250 " Delaware and Bound Brook R. R 
10 " German American Insurance Co 

13 " Manayunk National Bank, . 
9 " Sterling Fire Insurance Co., . 

134 " Gloucester Turnpike Company, 
95 " Calumet and Hecla Mining Co., 
7 " First National Bank of Camden, 
5 " Moorestown National Bank, . 

14 " Girard Fire and Marine Ins. Co., 
2500 " Lehigh Valley Railroad, 

409 " Delaware and Bound Brook R 
Philadelphia and Reading Railroad bonds, 
Pittsburgh and Lake Erie Railroad bonds, 
Philadelphia and Reading Railroad bonds, 
500 shares Metropolitan Traction Company, 
Detroit, Bay City and Alpena Railroad bonds, 
Ohio River Railroad bonds, . . . 
Western N. Y. and Pennsylvania R. R. bonds 
Norfolk and Western Railroad bonds, 
100 shares Huntington and Broad Top R. R., 
300 shares Pennsylvania Railroad, . 
Philadelphia and Reading Railroad bonds, 
100 shares Huntingdon and Broad Top R. R., 
700 shares Philadelphia and Reading R. R., 
Philadelphia and Reading Railroad bonds, 



Market value. 

$2,100 00 
28,770 00 

3,750 00 
16,300 00 
33,375 00 

3,000 00 

2,340 00 
720 00 

6,700 00 
28,405 00 

1,120 00 
675 00 

5,600 00 
136,875 00 
54,601 50 
27,900 00 
57,500 00 
27,300 00 ) 
43,750 00 S 
33,170 00^1 
17,000 00 ' 

8,595 00 , 

2,260 00 j 

4,700 00^' 
16,050 00 
16,800 00 J 

4,700 00 
17,150 00 

7,700 00 



Loaned thereon. 

$1,200 00 
15,000 00 

2,500 00 
15,000 00 
30,000 00 

2,500 00 

1,625 00 
500 00 

4,000 00 
10,000 00 

1,400 00 

3,400 00 

125,000 00 

49,000 00 

25,000 00 

50,000 00 

50,000 00 



[ 50,000 00 



34,000 00 



25,000 00 



$608,906 50 $495,125 00 



Summary of Assets Dec. 31, 1888. 

Cash value of unencumbered real estate, . $155,500 00 

Loans on mortgage of real estate (first liens*), 329,070 00 

Interest due or accrued thereon, . . . 5,769 44 

Stocks and bonds, as per schedule, . . . 1,939,720 00 

Loans on collateral security, as per schedule, . 495,125 00 

Cash in the office of the company, . . . 2,386 78 



* Total value of property mortgaged, 
Amount of insurance held as collateral, 



$1,151,050 00 
232,175 00 



354 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Gross assets, 



143,268 32 

3,185 94 

148,717 67 

000 00 



£3,123,343 15 



Liabilities. 

Losses adjusted, unpaid and reported, 
Unearned premiums on outstanding ri~ 
Reclaimable on perpetual fire policies, . 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



7.103 89 

759,908 40 

568,465 20 

16,789 97 



1,432.207 46 



. |l,691 t 075 69 

•,000 00 



Surplus over capital, $1,291,075 69 



LNCOitE. 

Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, . 



§131,927 7" 
1,178,952 81 

§1,310,880 51 
148,717 67 

$1,162,162 84 
149,619 00 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash fire premiums received, . . . $1,012,543 84 

Interest received on mortgages, 19,328 32 

Interest and dividends received from all other sources, . . 115.127 

Income from rente, ) 39 

Deposits received for perpetual fire risks, . $52,146 08 

Gross cash income, $1,149,700 07 



Expenditures . 

Cash paid for fire losses, 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Deposits returned on perpetual fire risks, 

Gross cash expenditures, .... 



$14,242 47 



£607,734 05 
40,000 00 
240,977 53 
36,670 68 
27,583 60 
49,607 88 

$1,002,573 74 



1888.] 



INS. COS. OF OTHER STATES. 



355 



Risks and Premiums. 



Fire risks outstanding Dec. 3i, 1887, 
Fire risks written during 1888, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-ins ured, 

Net amount in force, . 



,994,587 00 
94,329,936 00 

$191,324,523 00 
72,275,150 00 

$119,049,373 00 
3,974,403 00 



Premiums. 

il,165,224 94 
1,178,952 81 

52,344,177 75 
834,027 10 



.,510,150 65 
51,380 40 



$115,074,970 00 $1,458,770 25 
Perpetual risks in force (not included above), $24,142,843 00 $615,075 25 



Miscellaneous. 

Premiums received from organization of company, 

Losses paid from organization of company, . 

Fire losses incurred during the year, . 

Cash dividends declared from organization of company, 

Dividends declared during the year (10 per cent.), 

Company's stock owned by directors, . . . . 



$16,387,639 00 

10,132,569 00 

610,000 00 

2,359,000 00 

40,000 00 

59,400 00 



"PEOPLES INSURANCE COMPANY," PITTSBURGH, PA. 

[Incorporated March 17, 1862. Commenced business June 10, 1862.] 

Paid-up Capital, $200,000. 

James Herdman, President. Wm. F. Gardner, Secretary. 



Detailed Statement of Stocks 



Liberty School District bonds, . 
Pittsburgh Junction Railroad bonds, 
Tradesmen's National Bank stock, . 
Third National Bank stock, 
Citizens' National Bank stock, 



Securities held as collateral for cash loans : — 
People's Nat. Gas and Pipage Company stock, 



and Bonds. 

Par value. 

$4,000 00 

13,000 00 

6,500 00 

2,500 00 

500 00 



Market value. 

$4,393 00 

14,820 00 

14,625 00 

4,025 00 

600 00 



$26,500 00 $38,463 00 



Market value. 

$2,934 00 



Loaned thereon. 

$1,250 00 



Summary of Assets Dec. 31, 1888. 

Cash value of unencumbered real estate, . $57,950 00 
Loans on mortgage of real estate (first liens*), 170,768 77 

* Value of lands mortgaged $295,000 00 

Value of buildings thereon 232,050 00 

Amount of insurance held as collateral, .... 167,80000 



356 FIKE, MARINE, AND FIRE-MARINE [Dec. 31, 



Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Return premiums due, .... 
Premiums more than 3 months due, $35 90 
Gross assets, 



84,124 73 

38,463 00 

1,250 00 

10,431 11 

11,946 84 

715 00 

24,974 35 

908 00 

120 42 



$321,652 22 



Liabilities. 

Losses adjusted, unpaid, $5,263 46 

Losses claimed and reported, .... 8,15"; 1 10 

Losses disputed or resisted, .... 3,686 00 

Total amount of losses, $1 7,104 46 

Less re-insurance, 127 40 

Net amount of unpaid losses, .... $16,977 06 

Unearned premiums on outstanding risks, . 96,320 78 

Commissions and brokerage, .... 3,886 81 

Return premiums, 86 CO 

Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, 



117,271 25 

k380 97 
200,000 00 

$4,380 97 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rent, 

Income from profit and loss, 

Gross cash income, .... 



$20,481 
172 63 

',308 63 
237,415 02 

7.723 65 
25,010 25 

$232,713 40 

49,106 70 



sources, 



£183,606 70 
9,614 36 

0.2 :. 

4.252 33 
50 00 

$200,765 45 



1888.] 



INS. COS. OF OTHER STATES. 



357 



Expenditures. 

Cash paid for fire losses, $156,152 46 

Deduct salvage and re-insurance, . . . 11,396 15 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

for repairs on real estate, 

Gross cash expenditures, .... 



$144,756 31 
6,000 00 
36,565 64 
8,962 00 
5,764 95 
7,094 63 
1,722 35 

$210,865 88 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Risks and Premiums. 

Premiums. 

$12,730,717 00 $172,855 85 
17,263,944 00 237,415 02 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



$29,994,661 00 $410,270 87 
15,234,364 00 210,345 18 



$14,760,297 00 $199,925 69 
559,009 00 7,284 13 



$14,201,288 00 $192,641 56 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (3 per cent.) , . 
Company's stock owned by directors, .... 



$1,990,366 00 

1,179,973 00 

144,767 00 

250,000 00 

6,000 00 

23,250 00 



" PEOPLES FIRE INSURANCE COMPANY, 1 ' MANCHESTER, N. H. 

[Incorporated August, 1885. Commenced business Nov. 17, 1885.] 
Paid-dp Capital, $250,000. 

Joseph C. Moore, President. S. B. Stearns, Secretary. 



Detailed Statement of Stocks and Bonds. 



United States bonds, 
Hillsborough County, N. II., bonds, 
Manchester, N. II., city bonds, . 
Portsmouth, N. II., city bonds, . 
Dover, N. H., city bonds, . 



Par value. 

$92,000 00 

2,500 00 

500 00 

15,000 00 

35,000 00 



Market value. 

$ 117,990 00 

2,750 00 

564 25 

16,550 00 

36,050 00 



358 



FIRE, MARINE, AND FIRE-MAR IXE [Dec. 31, 



Chichester, N. H., town bonds, 
Waubunsee County, Kan., bonds, 
Arapahoe County, Col., bonds, . 
Illinois State bonds, .... 
James River Valley Railroad bonds, 
New Hampshire Trust Company bonds, 
Union Mortgage Trust Company bonds, 
Security Mortgage and Trust Company bonds, 
Granite State Trust Company stock, 



Securities held as collateral for cash loans : — 

Guaranty Savings Bank, Manchester, stock, . 
First National Bank, Casselton, Dak., stock, . 
First National Bank, Marion, Kan., stock, 



Par value. 

$1,500 00 

5,000 00 

3,000 00 

10 00 

10,000 00 

15,000 00 

10,000 00 

5,000 00 

5,000 00 



Market value. 

$1,590 00 

6,000 00 

3,090 00 

8,000 00 

11,000 00 

15,000 00 

)0 00 

5,000 00 

5,000 00 



$206,500 00 $238,584 25 



Market value. Loaned thereon. 



§4,512 00 
6,250 00 
6,000 00 



$3,200 00 
5,000 00 

77 99 



116,762 00 $12,877 99 



Summary of Assets Dec. 31, 1888. 

Loans on mortgage of real estate (first liens *), $176,195 00 

Interest due or accrued thereon, . . . 2,649 34 

Stocks and bonds, as per schedule, . . . 238,584 25 

Loans on collateral security, as per schedule, . 12,877 99 

Cash in the office of the company, . . . 4,931 73 

Cash deposited in bank, 64,422 84 

Interest due and accrued, 3,013 70 

Premiums in course of collection (gross), . 62,500 91 

Gross assets, 



$565,175 76 



Liabilities. 
Losses adjusted, unpaid, .... 
Losses claimed and reported, . 
Losses disputed or resisted, 
Unearned premiums on outstanding risks, 

Miscellaneous, 

Gross liabilities, except capital, 


$18,965 16 

10,484 00 

1,900 00 

240,070 03 
12,500 18 


283,919 37 


. 


Surplus as regards policy holders, . 


$281,256 39 
250,000 00 




$31,256 39 




129,440 00 



1888.] 



INS. COS. OF OTHER STATES. 



359 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

.% 
Entire premiums collected, 
Less re-insurance and return premiums, 
Net cash fire premiums received, 
Interest received from all sources, . 



Gross cash income, 



$50,336 05 
510,576 92 

$560,912 97 
62,500 91 

$498,412 06 
83,011 19 



$415,400 87 
24,408 63 

$439,809 50 



Expenditures. 

Cash paid for fire losses, 

for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, 



Gross cash expenditures, 



$248,186 57 

91,605 54 

14,442 85 

6,486 32 

24,559 40 

$385,280 68 



Risks and Premiums. 

Premiums. 

Fire risks outstanding Dec. 31, 1887, . . $26,831,764 00 $368,736 24 

. 36,935,697 00 510,576 92 



Fire risks written during 1888, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



.$63,767,461 00 $879,313 16 
. 29,393,739 00 410,990 05 



. $34,373,722 00 $468,323 11 
. 1,390,602 00 19,798 83 



. $32,983,120 00 $448,524 28 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Company's stock owned by directors, .... 



$1,100,849 00 

461,078 00 

254,086 00 

7,500 00 

77,100 00 



360 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 

" PEOPLES FIRE INSURANCE COMPANY OF THE CITY OF NEW 

YORK," NEW YORK, N. Y. 

[Incorporated 1851. Commenced business April 23, 1851.] 

Paid-up Capital, $200,000. 

F. V. Price, President. A. C. Milne, Secretary. 



Detailed Statement of Stocks and Bond-. 

Par value. 

United States bonds, §200,000 00 

Union Pacific Railroad bonds, .... 16,000 00 

International and Gt. Northern Railroad bonds, 10,000 00 

150 shares Union Pacific Railroad, . . . 15,000 00 

100 " National Bank of Commerce, . 10,000 00 

100 " People's Bank, .... 2,500 00 

7 " Second Avenue Railroad, . . 700 00 



Market value. 

|250,710 00 

19,200 00 
7,500 00 
9,600 00 

18,000 00 

5,000 00 

700 00 



$254,200 00 $310,710 00 
Securities held as collateral for cash loans : — 

Market value. Loaned thereon. 

50 shares American Mutual Union Express Co., $5,500 00 f 3,700 00 



Summary of Assets Dec 

Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Premiums more than 3 months due, $55 38 
Gross assets, 



31, 1888. 

$310,710 00 
3,700 00 
1,400 44 
6,934 14 
2,826 00 
17,157 96 



$342,728 54 



Liabilities. 

Losses adjusted, unpaid, . 

Losses claimed and reported, . 

Losses disputed or resisted, 

Unearned premiums on outstanding risks 

Due and accrued for rent, etc., . 

State and local taxes, 

Commissions and brokerage, . 

Return premiums, etc., 

Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, .... 



Surplus over capital, 



$6,828 97 
3,842 50 
2,750 00 

87,703 00 

1,037 97 

750 00 

3,598 40 

2,446 78 



108^67 62 

$233,770 92 
200,000 00 

$33,770 92 



1888.] 



INS. COS. OF OTHER STATES. 



361 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Same not collected, 

Net collected, . . 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash fire premiums received, 

Marine premiums on risks written or renewed 
Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash marine premiums received, 

Interest and dividends received from all sources, 



$16,746 78 
737 34 

$16,009 44 
140,390 62 

$156,400 06 
15,812 87 

$140,587 19 
17,962 19 



$11,968 14 
1,345 09 

$10,623 05 
531 46 



$122,625 00 



10,091 59 
9,836 02 



Gross cash income, $142,552 61 



Expenditures. 

Cash paid for fire losses, . 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, . 

Cash paid for marine and inland losses, 

Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 



$103,439 45 
7,938 21 



Gross cash expenditures, $165,149 68 



$95,501 24 

756 91 

16,000 00 

30,707 65 

11,257 39 

1,172 51 

9,753 98 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, 

Marine risks written during 1888, . 
Deduct risks expired and terminated, 

In force at end of year, 



$18,620,194 00 

16,860,082 00 

$35,480,276 00 

17,107,310 00 

$18,372,966 00 

870,350 00 



Premiums. 

$166,023 10 
140,390 62 

$306,413 72 
146,675 64 

$159,738 08 
8,362 23 



$17,502,616 00 $151,375 85 



$593,861 00 
177,606 00 



$11,968 14 
1,125 86 



$416,255 00 $10,842 28 



362 



FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (8 per cent.), . 
Company's stock owned by directors, .... 



$3,142,337 00 
1,612 
91,22 

1,023 00 

.074,000 00 

10,000 00 

56,250 00 



"PHENIX INSURANCE COMPANY," BROOKLYN, N. Y. 

[Incorporated Sept. 10, 1853. Commenced business Sept. 10, 1853.] 
Paid-up Capital, $1,000,000. 

George P. Sheldon, President. Philander Shaw, Secretary. 



Detailed Statement of Stocks 



United States bonds, 

New York City water bonds, . 
Mississippi State warrants, 
Nassau Gas Light Company, Brooklyn, bonds 
People's Gas Light Company, Brooklyn, bonds 
Equitable Gas Light Company, N. Y., bonds, 
Ohio Southern Railroad bonds, 
New York Elevated Railroad bonds, 
Smithtown and Port Jefferson Railroad bonds 
Broadway and Seventh Ave. Railroad bonds, 
N. Y., Brooklyn and Man. Beach R. R. bonds 
Chicago and Indiana Coal Railway bonds, 
Louisville and Nashville Railroad bonds,. 
Philadelphia and Reading Railroad bonds, 
Shenandoah Valley Railroad rec. certificates, 
Equitable Gas Light Co. of N. Y. certificates 
Missoula County, M. T., bonds, 
United States Illuminating Company bonds, 
Lake Gas Company of Chicago bonds, 
Kings County Elevated Railway bonds, . 
Board of Trade, Chicago, certificate, 
1000 shares Brooklyn City Railroad, 

200 ■ 

185 ' 

500 ' 
50 ' 
13 ' 

500 ' 

500 

100 ' 
50 ' 



Central Park, N. and E. R. R. R., 
Second Avenue Railroad, 
N. Y. Cent, and Hudson R. R. R 
Dry Dock, East B way and B. R. R 
Merchants 1 National Bank, N. Y 
Metropolitan Nat. Bank, N. Y., 
American Exchange Bank, N. Y. 
Central National Bank, N. Y., 
Nat. Shoe and Leather Bank, N. Y. 



and Bonds. 

Par value. 

$600,500 00 
45 ,000 00 
20,000 00 
17,000 00 
10,000 00 
10,000 00 
.000 00 
25,000 00 
10,000 00 
15,000 00 
30,000 00 

9,000 00 
25,000 00 
25,000 00 
25,000 00 
39,000 00 
12,000 00 
25,000 00 
50,000 00 
50,000 00 

2,700 00 
10,000 00 
20,000 00 
18,500 00 
50,000 00 

5,000 00 

650 00 

22,500 00 

50,000 00 

10,000 00 

5,000 00 



Market value. 

48,600 00 
20,000 00 
17,000 00 
10,100 00 
11,300 00 
26,125 00 
30,000 00 
12,000 00 
15.600 00 
30,600 00 

9,180 00 
24,500 00 
22,500 00 
25,000 00 
39,975 00 
13,800 00 
25,625 00 
51,000 00 
50,000 00 
X) 00 
12,500 00 
17,600 00 
18,315 00 
54,500 00 

6,400 00 
936 00 

2.250 00 

72/25 00 

13,400 00 

50 00 



1888.] 



INS. COS. OF OTHER STATES. 



363 



300 shares St. Nicholas Bank, N. Y., 

286 " Nat. Bank of the Republic, N. Y., 

87 " Nat. Bank of Commerce, N. Y., . 

200 " Fourth National Bank, N. Y., 

100 " Mercantile National Bank, N. Y., 

40 " Mechanics' National Bank, N. Y., 

100 " National Park Bank, N. Y., . 

80 " Commercial Bank, Brooklyn, 

200 " Mechanics 1 Bank, Brooklyn, . 

93 " National City Bank, Brooklyn, 

20 " Long Island Loan and Trust Co., . 

100 " Franklin Trust Company, 



Par value. 

$30,000 00 
28,600 00 

8,700 00 
20,000 00 
10,000 00 

1,000 00 
10,000 00 

4,800 00 
10,000 00 

4,650 00 

2,000 00 
10,000 00 



Market value. 

$36,600 00 
44,044 00 
15,660 00 
28,600 00 
18,000 00 

1,810 00 
18,800 00 

7,488 00 
25,500 00 
16,321 50 

3,240 00 
18,000 00 



$1,401,600 00 $1,691,602 00 



Securities held as collateral for cash loans : — 

Prospect Park and Coney Island R. R. bonds, . 
16 shares Rutgers Fire Insurance Company, . 



Market value. Loaned thereon. 

$3,330 00 $3,000 00 
480 00 350 00 



5,810 00 $3,350 00 



Summary of Assets Dec. 31, 1888. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross) , 
Notes taken for fire risks, .... 
Rents due and accrued, .... 

Gross assets, 

Deduct special deposits in other States, . 



Balance, 



$1,693,597 59 

199,550 00 

3,383 49 

1,691,602 00 

3,350 00 

543 33 

492,216 40 

3,565 83 

594,193 22 

369,337 19 

3,268 95 



$5,054,608 00 
249,500 00 

$4,805,108 00 



Liabilities. 

Losses claimed and reported, . 
Losses disputed or resisted, 
Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., . 
Commissions and brokerage, . 



$162,889 80 

31,900 00 

3,502,066 19 

1,215 70 

108,077 79 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$189,750 00 
267,000 00 
213,300 00 



364 FIRE, MARINE, AND FIRE-MARIXK [Dec. 31, 



Return premiums, .... 
All other charges, .... 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, 



$54,038 90 
17,155 57 

$3,877,343 05 
147,635 93 



$3,729,708 02 

. $1,075,399 98 
. 1,000,000 00 



$75,399 98 



Income. 
Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1887, 

Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash marine premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Income from profit and loss, 



Gross cash income, 



$1,060,891 81 
4,180,310 86 

£5,241,202 67 
962,087 91 

£4,279,114 76 
662,802 43 

$138,188 32 
32,016 99 

£170,205 31 
4,315 24 

£165,890 07 
120,724 09 



sources, 



$3,616,312 33 



98 
12,050 14 

86,600 95 
36,158 61 
30,431 63 

$3,826,719 64 



Expenditures. 
Cash paid for fire losses, . 
Deduct salvage and re-insurance, 
Net cash paid for fire losses, 
Cash paid for marine and inland losses, 
Deduct salvage and re-insurance, 
Net cash paid for marine and inland losses 
Cash paid for commissions and brokerage, 

for salaries of officers and employee 
for State and local taxes, 
for incidentals, . 

Gross cash expenditures, . 



52,201,092 51 
203,898 12 

$600,200 36 
182,160 53 



$1,997,194 39 



418.039 83 

-.632 28 

H . -~ 

59,715 62 

330.307 25 

£3,7.:: . " : 



1888.] 



INS. COS. OF OTHER STATES. 



365 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 

Marine risks outstanding Dec. 31, 1887, 
Marine risks written during 1888, . 



Total, 

Deduct risks expired and terminated, 



$521,557,517 00 
337,195,050 00 

$858,752,567 00 
356,250,813 00 

$502,501,754 00 
5,084,987 00 



Premiums. 

$7,176,404 33 
4,180,310 86 

$11,356,715 19 
4,291,647 19 

$7,065,068 00 
60,935 61 



$497,416,767 00 $7,004,132 39 



$4,495,791 00 
953,675 00 

$5,449,466 00 
5,449,466 00 



$161,367 36 
32,016 99 

$193,384 35 
193,384 35 



Miscellaneous . 
Premiums received from organization of company, 
Losses paid from organization of company, 
Fire losses incurred during the year, .... 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Company's stock owned by directors, .... 



$68,050,752 00 

35,811,770 00 

1,807,664 00 

240,135 00 

2,914,000 00 

214,100 00 



"PHCENIX INSURANCE COMPANY," HARTFORD, CONN. 

[Incorporated May, 1854. Commenced business June, 1854.] 

Paid-up Capital, $2,000,000. 

H. Kellogg, President. Geo. H. Burdick, Secretary. 



Detailed Statement of Stocks 



300 shares iEtna National Bank, Hartford, 

1000 ' 

500 ' 

50 ' 

150 ' 

162 ' 

160 ' 

100 ' 

300 ' 

175 

1040 ' 

400 
26 

100 



American Nat'l Bank, Hartford, 
American Loan and T. Co., N. Y. 
Atlantic Trust Company, N. Y., 
Central Trust Company, N. Y., 
Charter Oak Nat'l Bank, Hartford 
City Bank, Hartford, 
Conn. River Bank, Hartford, . 
Far. and Mech. Nat'l B% Hartford 
First Nat'l Bank, Wallingford, 
Hartford National Bank, Hartford 
Hartford Trust Co., Hartford, 
Home National Bank, Meriden, 
Imperial Bank, Toronto, Out., 



and Bonds. 

Par value. 

§30,000 00 

50,000 00 

50,000 00 

5,000 00 

15,000 00 

16,200 00 

- 16,000 00 

5,000 00 

30,000 00 

17,500 00 

104,000 00 

40,000 00 

2,600 00 

10,000 00 



Market value. 

$32,100 00 
66,000 00 
50,000 00 
14,500 00 
86,250 00 
17,010 00 
15,200 00 
5,000 00 
31,800 00 
18,900 00 

164,320 00 

52,000 00 

3,042 00 

13,400 00 



366 



FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Par value. Market value. 

250 shares Metropolitan Nat'l Bank, Cinn., . $17,500 00 $13,125 00 

108 " Merchants' Exch. Nat. B'k, N. Y., 5,400 00 

800 " Mercantile Nat'l Bank, Hartford, . 80,000 00 72, 

100 " Nat. Shoe and Leather B'k, N. Y., 10,000 00 1.". 

324 " National Exchange B'k, Hartford, 16,200 00 19,440 00 

210 " Nat. (Icrman Am. Bank, St. Paul, 21,000 00 20.200 00 

200 " New Britain Nat'l B'k, N. Britain, 20,000 00 30,000 00 

750 " Phoenix National Bank, Hartford, 75,000 00 90,000 00 

192 " State Bank, Hartford, . . . 19,200 00 17 

440 " Waterbury Nat. Bank, Waterbury, 22,000 00 44,000 00 

100 " Western Nat'l Bank, New York, . 10,000 00 <o 00 

500 " Avon, Geneseo & Mt. Morris R.R., 50,000 00 51,500 00 

500 " Chicago, Burl, and Quincy R. R., . 50,000 00 5-".. 

1100 " Chicago, Rock I. and Pacific R. R., 110,000 00 110,000 00 

250 " Chicago and Alton Railroad, . 25,000 00 34,000 00 

500 " Cleveland and Pittsburgh R. R , . 25,000 00 39,375 00 

500 " Fort Wayne and Jackson R. R., . 50,000 00 55,500 00 

120 " Hartford and Conn. West. R. R., . 12,000 00 

1600 " Illinois Central Railroad, . . 160,000 00 185,600 00 

1000 " Morris and Essex Railroad, . . 50,000 00 72,500 00 

1000 " N. Y., N. H. and Hartford R. R., . 100,000 00 245,00o 00 

250 " New York and Harlem Railroad, 12,500 00 00 

500 " N. Y. Cent, and Hudson R. R. R., 50,000 00 54,500 00 

500 " Peoria and Bureau Valley R. R., . 50,000 00 82,500 00 

500 " Rensselaer and Saratoga Railroad, 50,000 00 87,500 00 

660 " Holyoke Water Power Company, 66,000 00 165,000 00 

1000 " North Western Telegraph Co. y * . 50,000 00 50,000 00 

United States bonds, 100,000 00 128,500 00 

Mississippi State bonds, 20,000 00 20,800 00 

Atlantic Dock Company bonds, . . . 75,000 00 82,500 00 

Avondale Town, Ohio, bonds, .... 11,000 00 11,550 00 

Hannibal School, Mo., bonds, ... 48,000 00 .400 00 

Leavenworth City and Ft. Leavenw'th bonds, . 25,000 00 27,000 00 

Council Bluffs, Iowa, bonds, .... 14,000 00 14,560 00 

Cedar Rapids, I. Falls and N. W. Ry. bonds, . 50,000 00 51,500 00 

Chicago and Northwestern Railway bonds, . 50,000 00 59,000 00 

Chicago and Western Indiana Railroad bonds, 77.000 00 v 7. "00 

Columbia and Greenville Railroad bonds, . 50,000 00 51,000 00 

Columbus and Western Railroad bonds, . . 100,000 00 110.000 00 

Erie Railway bonds, 100,000 00 137,000 

Harlem River and Port Chester R. R. bonds, . 50,000 00 68,000 00 

Minneapolis Union Railway bonds, . . . 50,000 00 5S.500 00 

New York, Lackawanna and West. R.R. bonds, 50,000 00 66,500 00 

New York and New England R. R. bonds, . 34,000 00 42.840 00 

Pittsburgh, Cleve. and Toledo Railroad bonds, 50,000 00 00 

Southern Kansas Railroad bonds, . . . 5,000 00 4.S00 00 

Terre Haute and Logansport R. R. bonds, . 50,000 00 55,000 00 



$2,607,100 00 83,421,069 00 



1888.] 



INS. COS. OF OTHEE STATES. 



367 



Securities held as collateral for cash loans : — 



49 shares Adams Express Company, 

96 ' 
10 
240 
70 

50 ' 
64 



Travelers' Insurance Company, 
Hartford Carpet Company, . 
Landers, Frary & Clark, . 
Southern N. E. Telephone Co., 
Atlantic Dock Company, 
Hartford Carpet Company, 



Market value. Loaned thereon. 



$6,860 00 


$600 00 


26,880 00 


12,692 50 


1,600 00 


630 00 


7,200 00 ) 
5,250 00 S 


10,000 00 


5,000 00 > 
10,240 00 S 


10,000 00 


$63,030 00 


$33,922 50 



Summary of Assets Dec. 31, 1888. 



Cash value of unencumbered real estate, . 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 

Gross assets, 

Deduct special deposits in other States, . 



$231,594 10 

785,550 00 

19,576 44 

3,421,069 00 

33,922 50 

29,920 47 

277,869 08 

1,740 55 

295,387 52 

1,117 51 



$5,097,747 17 
123,600 00 



Balance, $4,974,147 17 



Liabilities. 

Losses claimed and reported, . 
Losses disputed or resisted, 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, . 



$232,478 38 
13,696 87 

1,642,656 49 
36,500 00 

51,925,331 74 
60,328 52 



1,865,003 22 



Surplus as regards policy holders, $3,109,143 95 

Paid-up capital, 2,000,000 00 

Surplus over capital, $1,109,143 95 

* Value of lands mortgaged, $2,000,757 00 

Value of buildings thereon 497,320 00 

Amount of insurance held as collateral, 170,580 00 



368 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less re-insurance and return premiums, 
Net cash fire premiums received, 
Interest received on mortgages, 
Interest and dividends received from all 
Income from rents, .... 



Gross cash income, 



other 



$260,729 09 
2,568,702 34 

$2,829,431 43 
295,387 52 

12,534,043 91 
197,334 21 



sources, . 



"$2,371,368 13 

7.096 26 

172,633 29 

5,997 39 

$2,607,095 07 



Expenditures. 

Cash paid for fire losses, $1,305,518 23 

Deduct salvage and re-insurance, . . . 4,058 17 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, 



Gross cash expenditures, 



$1,301,460 06 

',000 00 

-,343 23 

105,124 69 

.672 95 

195,756 88 

£2,338,357 81 



Risks and Premium-. Premium*. 

Fire risks outstanding Dec. 31, 1887, . $251,090,665 00 $2,984,396 46 
Fire risks written during 1888, . . 211,169,543 00 2,568,702 34 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 



$462,260,208 00 $5,553,098 80 
191,634,464 00 2,367,754 90 



$270,625,744 00 $3,185,343 90 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (14 per cent.), 
Company's stock owned by directors, .... 



$40,563,128 00 

24,085,464 00 

1.349,795 00 

4.725.000 00 

-',000 00 

154,600 00 



* Unaccounted balance, 



$34,65S 43 



1888.] 



IXS. COS. OF OTHER STATES. 



369 



« PROVIDENCE WASHINGTON INSURANCE COMPANY," 
PROVIDENCE, R. I. 

[Incorporated 1799. Commenced business 1799.] 

Paid-up Capital, $400,000. 

J. H. DeWolf, President. J. B. Branch, Secretary. 



Detailed Statement of Stocks 



Boston and Providence Railroad bonds, . 
Baltimore and Ohio Railroad bonds, 
Union Pacific Railroad bonds, . 
Rensselaer and Saratoga Railroad bonds, 
50 shares Nat'l Bank of Commerce, N. Y., 

300 

800 
1600 

300 

300 

205 ' 

500 ' 

305 

500 

500 

200 

200 

500 
50 

230 

500 

200 

500 

300 
1500 



New York Mutual Gas Light Co., 
American Natl Bank, Providence 
Blackstone Canal Nat'l B'k, Prov. 
Commercial Nat'l B'k, Providence 
Lime Rock Natl Bank, Providence 
Manufacturers 1 Natl B'k, Prov., 
Merchants' Nat'l Bank, Providence 
Mechanics' Natl Bank, Providence 
Nat'l Bank of Commerce, Prov., 
Natl Bank of No. America, Prov. 
National Eagle Bank, . 
Weybosset National Bank, . 
Providence Gas Company, . 
Bath Gas Light Co., Bath, Me., 
Arch., Topeka and Santa Fe R. R. 
Chicago and Alton Railroad, 
Chic, Burlington and Quincy R. R. 
Chic, Rock Island & Pacific R. R. 
Illinois Central Railroad, 
What Cheer Corporation, 



and Bonds. 

Par value. 

$125,000 00 
25,000 00 
20,000 00 
12,000 00 

5,000 00 
30,000 00 
40,000 00 
40,000 00 
15,000 00 
15,000 00 
20,500 00 
25,000 00 
15,250 00 
25,000 00 
25,000 00 
10,000 00 
10,000 00 
25,000 00 

5,000 00 
23,000 00 
50,000 00 
20,000 00 
50,000 00 
30,000 00 
150,000 00 



Market value. 

$130,000 00 
27,645 00 
23,330 00 
17,340 00 

9,000 00 
30,000 00 
38,000 00 
40,400 00 
15,000 00 
15,300 00 
28,905 00 
35,000 00 
21,045 00 
27,250 00 
32,000 00 
13,600 00 
12,200 00 
38,500 00 

4,000 00 
13,340 00 
68,000 00 
22,000 00 
48,750 00 
34,200 00 
190,000 00 



§810,750 00 $934,805 00 



Summary of Assets Dec 

Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 
Premiums more than 3 months due, $4,988 11 
Gross assets, 



31, 1888. 

$934,805 00 

918 99 

80,826 27 

123,744 13 

56,777 12 



$1,11)7,071 51 



370 FIRE, MARINE, AND FIRE-MARIXE [Dec. 31, 

Liabilities. 



Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Losses disputed or resisted, 

Total amount of losses, 
Less re-insurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, 



risks, 



$13,587 37 

127,062 61 

12,289 30 

$152,939 28 
33,858 41 

$119,080 87 

2^,92:) 23 



$692,364 68 

L706 83 
400,000 00 



Surplus over capital, $104,706 83 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Same not collected, 

Net collected, .... 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

Net cash fire premiums received, 



$68,817 84 
1,152 81 

$67,665 03 
788,351 50 

$856,016 53 
64,675 

$791,34' 
137,150 27 



§654,190 28 



Marine premiums outstanding Dec. 31, 1887, . $130,123 73 
Same not collected, 174 22 



Net collected, §129,949 51 

Premiums on risks written or renewed, . . 458,279 69 



Total, §588,229 20 

Premiums now in course of collection, . . 120,833 38 



Entire premiums collected, .... $467,395 82 
Less re-insurance and return premiums, . . 151,219 7 v 
Net cash marine premiums received, 
Interest and dividends received from all sources, . 



316,176 04 
40,791 24 



Gross cash income, $1,01 1,1c 



1888.] 



INS. COS. OF OTHER STATES. 



371 



Expenditures. 

Cash paid for fire losses, $382,432 74 

Deduct salvage and re-insurance, . . . 47,968 07 
Net cash paid for fire losses, .... 

Cash paid for marine and inland losses, . . $330,521 56 
Deduct salvage and re-insurance, . . . 92,742 11 

Net cash paid for marine and inland losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 

Gross cash expenditures, .... 



$334',464 67 



237,779 45 
32,000 00 

174,730 30 
32,206 46 
21,303 76 
94,618 99 

$927,103 63 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Risks and Premiums. 

Premiums. 

.$66,075,105 00 $768,831 20 
. 67,657,656 00 788,351 50 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 

Marine risks outstanding Dec. 31, 1887, 
Marine risks written during 1888, . 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



$133,732,761 00 $1,557,182 70 
. 57,349,012 00 640,854 10 



. $76,383,749 00 $916,328 60 
. 4,767,509 00 68,157 77 



.$71,616,240 00 $848,170 83 

. $9,903,419 00 $215,420 70 
. 69,059,113 00 458,279 69 



$78,962,532 00 
72,044,130 00 



^673,700 39 
457,703 66 



$6,918,402 00 $215,996 73 
2,374,270 00 55,044 35 



. $4,544,132 00 $160,952 38 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, 
Fire losses incurred during the year, .... 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (8 per cent.) , . 
Company's stock owned by directors, .... 



$14,654,521 00 
8,621,437 00 
355,763 00 
207,407 00 
1,890,563 00 
32,000 00 
54,150 00 



372 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 

"THE READING FIRE INSURANCE COMPANY," READING, PA. 

[Incorporated July 8, 1867. Commenced business July 8, 1807.] 

Paid-up Capital, $250,000. 

Wm. A. Arnold, President. S. E. Amcoha, Secretary. 



Detailed Statement of Stocks and Bonds. 



62 
259 
150 

50 

75 
970 

30 



Philadelphia and Reading Railroad bonds, 

Perkiomen Railroad bonds, 

Colebrookedale Railroad bonds, 

Warren and Franklin Railroad bond-. 

City of Reading bonds, 

250 shares Reading Gas Company, . 

So. Reading Market Ho. Company 
East Penn. Railroad Company, 
National Union Bank, Reading, 
Farmers' National Bank, Reading, 
Second National Bank, Reading, 
Reading Trust Company, 
City Passenger Railway Company, 

Phila. and Reading Car Trust certificates, 

So. Reading Market Ho. Company scrip, 



Par value. 

$10,000 00 

3,000 00 

1,000 00 

10,000 

6,250 00 

1,550 00 

10,000 00 

3,750 00 

00 

J 00 

97,000 00 

1,500 00 

6,000 00 

950 00 



Market value. 

$8,850 00 

I 

2,000 00 

1.150 00 

10,600 00 

13,250 00 

00 

11,600 00 

50 00 

10 00 

11,625 00 

106,700 00 

1,650 00 

6,000 00 

2 00 



1162,000 00 $193,277 00 



Securities held as collateral for cash loans : — 

58 shares Reading Trust Company. 

37 " Keystone National Bank, . 

20 " Jefferson B. &. S. Association, . 

South Reading Market Ho. Company bonds, 

886 shares Clymer Iron Company, . 



Market value. 

5,920 00 
2,542 80 

'0 00 
35,000 00 



Loaned thereon. 

$4,850 00 

3,700 00 

1,300 00 

800 00 

15,000 00 



$50,842 80 $25,650 00 



Summary of Assets Dec 31, 1888. 

Cash value of unencumbered real estate, . 6 2 7, 200 00 

Loans on mortgage of real estate (first liens*), 208,488 31 

Interest due or accrued thereon, . . . 2,186 91 

Stocks and bonds, as per schedule, . . . 193,277 00 

Loans on collateral security, as per schedule, . 25,650 00 

Cash in the office of the company. . . . 4.789 52 

Cash deposited in bank, 25,246 73 

Interest due and accrued, 335 71 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$.44,391 00 
■106,770 00 
215,162 00 



1888.] 



INS. COS. OF OTHER STATES. 



373 



Premiums in course of collection (gross), 
Rents due and accrued, .... 
Perpetuals reclaimable and salvages, 
Gross assets, 



$15,567 12 
547 23 

560 27 



$503,848 80 



Liabilities. 
Losses adjusted, unpaid, .... 

Losses claimed and reported, . 

Losses disputed or resisted, 

Unearned premiums on outstanding risks, 

Reclaimable on perpetual fire policies, . 

Dividends to stockholders unpaid, . 

Due and accrued for rent, salaries, etc., . 

State and local taxes, .... 

Commissions and brokerage, . 

Return premiums, 

Ledger balances, 

Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, 



$2,512 55 

7,746 00 

2,370 75 

105,839 48 

3,458 30 

793 70 

319 02 

1,000 00 

2,721 24 

1,494 95 

50 00 



128,305 99 

$375,542 81 
250,000 00 



1125,542 81 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less re-insurance and return premiums, . 

Net cash fire premiums received, . . . 

Interest received on mortgages, .... 
Interest and dividends received from all other sources, 

Income from rents, 

Income from commissions, 



$8,162 84 
172,206 01 

$180,368 85 
15,567 12 

$164,801 73 
19,780 34 



Gross cash income, 



$145,021 39 
10,532 26 

12,40s 19 
946 45 

4,70:] 07 

$173,611 36 



Expenditures. 
Cash paid for fire losses, 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, ..... 

Repairs on real estate, 



Gross cash expenditures, 



$81,416 02 

20,184 80 

25,897 84 

9,293 11 

2,998 16 

9,059 50 

504 14 

$149,353 57 



374 FIRE, MARINE, AND FIRE-MARIXE [Dec. 31, 



Risks and Premiim-. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



. $12,907,537 00 
. 15,488,441 00 



.$28,395,978 00 
. 10,702,282 00 

.$17,693,696 00 
51,333 00 

.617,642,363 00 



Perpetual risks in force (not included above), f 124,550 00 



Premiums. 

1142,513 23 
172,206 01 

£314,719 24 
112,135 82 

$202,583 42 
5 22 

$202,078 20 
$3,640 32 



Miscellaneous. 

Premiums received from organization of company. 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company. 
Dividends declared during the year (8 per cent.), . 
Company's stock owned by directors, .... 



$1,188,194 00 

045,016 00 

87,333 00 

297,561 00 

20,000 00 

00 



"THE RELIANCE INSURANCE COMPANY OF PHILADELPHIA," 

PHILADELPHIA, PA. 

[Incorporated April 21, 1841. Commenced business Aug. 9, 1844.] 
Paid-up Capital, $300,000. 

Thomas C. Hill, President. William Chubb, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par value. Market value. 

United States bonds, $35,000 00 $40,900 00 

Philadelphia city bonds, .000 00 85,330 00 

Pittsburgh city water works bonds, . . . 30,000 00 38,100 00 

Scranton city water works bonds, . . . 15,000 00 16,800 00 

Rochester city water works bonds, . . . 20,000 00 29,000 00 

City of Quincy, 111., bonds, .... 15,000 00 15,450 00 

American Steamship Company bonds, . . 5,000 00 5,425 00 

Camden and Amboy Railroad Company bonds, 27.000 00 27.675 00 

United Company of New Jersey bonds, . . 5,000 00 00 

Delano Land Company bonds, .... 13.000 00 16,250 00 

Huntingdon and B. T. R. R. and Coal Co. bonds, 1,000 00 1,130 00 

Lehigh Coal ami Navigation Company bonds, 5,000 00 5,675 00 

Lehigh Valley Railroad bonds, . ' . . 20,000 00 24,000 00 

Easton and Amboy Railroad bonds, , . . 20,000 00 22,900 00 



1888.] 



INS. COS. OF OTHER STATES. 



375 



North Pennsylvania Railroad bonds, 
Louisville and Nashville Railroad bonds, 
Northern Central Railroad Company fc bonds, 
Philadelphia and Erie Railroad bonds, 
Philadelphia and Baltimore Cent. R. R. bonds 
Pennsylvania Railroad bonds, . 
Steubenville and Indiana Railroad bonds, 
Camden and Atlantic Railroad bonds, 
Phila., Wilmington and Baltimore R. R. stock 
Pennsylvania Equipment Trust certificates, 
New York and Pacific Car Trust certificates, 
Commercial National Bank stock, . 
Mechanics' National Bank stock, 



Par value. 

§15,000 00 

9,000 00 

10,000 00 

25,000 00 

10,000 00 

4,000 00 

10,000 00 

30,000 00 

25,000 00 

15,000 00 

12,000 00 

10,000 00 

•1,000 00 



Market value. 

$19,100 00 
10,350 00 
12,000 00 
28,250 00 
10,700 00 

4,600 00 
10,800 00 
30,900 00 
25,125 00 
14,550 00 
12,000 00 
12,200 00 

5,120 00 



$465,000 00 $529,580 00 



Summary of Assets Dec. 31, 1888. 

Cash value of unencumbered real estate, . . $107,500 00 
Loans on mortgage of real estate (first liens *), 126,100 00 

Interest due- or accrued thereon, . . . 1,640 21 

Stocks and bonds, as per schedule, . . . 529,580 00 

Cash in the office of the company, . . . 349 93 

Cash deposited in bank, 53,402 46 

Premiums in course of collection (gross), . 11,747 88 

Rents due and accrued, 350 00 

Perpetual deposits, 797 10 

Gross assets, 



$831,467 58 



Liabilities. 

Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, 
Due and accrued for rent, salaries, etc., 
State and local taxes, 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, 



Surplus over capital, . 



$6,224 06 

8,686 00 

91,980 85 

120,537 25 

300 00 

600 00 

419 88 



228,748 04 

$602,719 54 
300,000 00 

$302,719 54 



* Value of lands mortgaged, . 
Value of buildings thereon, . 
Amount of insurance held aa collateral, 



$122,000 00 

153,000 00 

84,300 00 



376 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Income. 

Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less re-insurance and return premiums, 
Net cash fire premiums received, 
Interest received on mortgages, 
Interest and dividends received from all other sources, 
Income from rents, .... 
Income from all other sources, 
Deposits received for perpetual fire risks, 
Gross cash income, .... 



$8,661 81 
184,885 70 

$193,547 51 
11,747 88 

|181,799 63 

21,796 94 



. $3,865 00 



£160,002 69 

28 50 

27,064 17 

2,606 55 

; 10 

$195,099 01 



Expenditures. 

Cash paid for fire losses, $92,430 12 

Deduct salvage and re-insurance, . . . 866 01 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, 

Deposits returned on perpetual fire risks, . $2,069 50 
Gross cash expenditures, 



$91,564 11 

24,000 00 

2 .429 20 

11,407 00 

4,327 23 

8,734 73 

$169,462 27 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Net amount in force, . 



§14,285,958 00 
19,249,556 00 

§33,535,514 00 
16,405,884 00 

§17,129,630 00 
631,857 00 

£16,497,773 00 



Perpetual risks in force (not included above), $4,775,218 00 



Premiums. 

$155,732 90 
5 70 

$340,618 60 

157,514 30 

$188,104 30 

■2 63 

§177.811 67 
$131,196 23 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (8 per cent.), . 
Company's stock owned by directors, .... 



52,30.3.066 00 
1,487,206 00 

96.112 00 

682.597 00 

24.000 00 

35.150 00 



1888.] 



INS. COS. OF OTHER STATES. 



377 



"ROCHESTER GERMAN INSURANCE COMPANY OF ROCHESTER, 
NEW YORK," ROCHESTER, N. Y. 

[Incorporated Feb. 16, 1872. Commenced business Feb. 23, 1872.] 

Paid up Capital, $200,000. 

Frederick Cook, President. H. F. Atwood, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par value. 

$100,000 00 
10,000 00 
10,000 00 



United States bonds, 

Rochester Title Insurance Company stock, 
German American Bank stock, 



Market value. 

$127,625 00 
10,000 00 
10,800 00 



$120,000 00 $148,425 00 



Summary of Assets Dec. 31, 1888. 



Cash value of unencumbered real estate, 

Loans on mortgage of real estate (first liens *), 

Interest due or accrued thereon, 

Stocks and bonds, as per schedule, . 

Cash in the office of the company, . 

Cash deposited in bank, . 

Interest due and accrued, . 

Premiums in course of collection (gross) 

Gross assets, .... 
Deduct special deposits in other States, 



Balance, $642,038 41 



$188,461 57 

237,505 00 

6,232 71 

148,425 00 

1,302 37 

80,769 79 

83 33 

68,596 14 



$731,375 91 
89,337 50 



« Liabilities. 
Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Losses disputed or resisted, 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, . 
Paid-up capital, .... 



Surplus over capital, 



$5,351 92 

12,837 54 

2,487 50 
282,951 99 

18,687 41 

$322,316 36 
25,485 76 



296,830 60 

$345,207 81 

200,000 00 

$145,207 81 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$318,025 00 
393,400 00 
263,465 00 



378 FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Income. 
Fire premiums outstanding Dec. 31, 1887, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less re-insurance and return premiums, 

jS"et cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Income from profit and loss and discount-, 

Gross cash income, .... 



469,567 34 

;,135 89 
68,596 14 

I 75 

87 



sources, 



|368,106 49 
15,017 26 

23 83 
79 10 



$400,363 18 



Expenditures. 

Cash paid for fire losses, .... 

Deduct salvage and re-insurance, 

Xet cash paid for lire losses, 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 



Gross cash expenditures, 



J, 036 16 
7,692 17 



.343 99 

16,000 00 

7 09 

19,266 17 

13,076 62 

23,785 97 

• 84 



Fire risks outstanding Dec. 31, 1887, 
Fire risks written during 1888, 



Risks and Premiums. 

Premiums. 

.$49,804,211 00 $541,398 25 
. 41,522,356 00 469,0.37 34 



Total 

Deduct risks expired and terminated, 

In force at end of year. 
Deduct amoimt re-insured, 

Xet amount in force, . 



. 191,326,567 00 §1,010,955 59 
. 39,468,080 00 442,662 36 



. $51,858,487 00 £568,293 23 
. 2,017,668 00 23.795 98 



£49,840,819 00 6544,4'." . 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company. 
Dividends declared during the year (8 per cent.), . 
Company's stock owned by directors, .... 



£4,408,600 00 

2.474.253 00 

.,169 00 

263,000 00 

16,000 00 

43,050 00 



1888.] 



INS. COS. OF OTHER STATES. 



379 



-RUTGERS FIRE INSURANCE COMPANY," NEW YORK, N. Y. 

[Incorporated Oct. 3, 1853. Commenced business Oct. 10, 1853.] 

Paid-up Capital, $200,000. 

Edward B. Fellows, President. Joseph F. Hanford, Secretary. 



Detailed Statement of Stocks 



District of Columbia bonds, . . . . 
Forty-second St. and Grand St. Ferry R.R. bonds, 
New York Elevated Railroad bonds, 
500 shares N. Y., Central and H. R. Railroad, 
600 
308 
250 
400 
50 



Del., Lack, and Western Railroad, 
Del. and Hudson Canal Company, 
Tradesmen's National Bank, . 
Consolidated Gas Co. of N. Y., 
Long Island Railroad, 



Securities held as collateral for cash loans : 

260 shares North River Insurance Company, 

84 " Stuyvesant Fire Insurance Co., 
Chicago, Mil. and St. Paul Railroad bonds, 



and Bonds. 

Par value. 

§ 50,000 00 

6,000 00 

1,000 00 

50,000 00 

30,000 00 

30,800 00 

10,000 00 

40,000 00 

2,500 00 



Market value. 

$60,500 00 

6,660 00 

1,150 00 

54,500 00 

43,350 00 

40,810 00 

10,400 00 

32,800 00 

2,362 50 



$220,300 00 $252,532 50 



Market value. Loaned thereon. 



§5,785 00 
2,100 00 
2,240 00 



§4,000 00 
1,200 00 
2,000 00 



$10,125 00 §7,200 00 



Summary of Assets Dec 

Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*) 
Interest due or accrued thereon, 
Stocks and bonds, as j:>er schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in the bank, . 
Interest due and accrued, .... 
Premiums in course of collection (gross), 

Return taxes due, 

Premiums more than 3 months due, . §537 46 
Gross assets, 



31, 1888. 

$77,000 00 

62,100 00 

570 00 

252,532 50 

7,200 00 

2,116 53 

12,991 93 

2,194 44 

2,467 58 

460 17 



$119,633 15 



Liabilities. 
Losses adjusted, unpaid, .... 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 



$2,765 98 

3,633 60 

45,825 07 



* Value of lands mortgaged $106,000 00 

Value of buildings thereon, 71,200 00 

Amount of insurance held as collateral, C>'2,150 00 



380 



FIRE, MARINE, AND FIRE-MARINE [Dec. 31, 



Dividends to stockholders unpaid, 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, .... 



Surplus over capital, 



$10,000 00 
493 15 



$62,717 80 

$356,915 35 
200,000 00 



$156,915 35 



Income. 
Fire premiums outstanding Dec. 31, 1887, 
Same not collected, 



Net collected, 

Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 



$1,440 03 
88 

$1,351 78 
87,719 39 

$89,071 17 
3,005 04 



Entire premiums collected, .... $86,066 13 
Less re-insurance and return premiums, . . 8,5i 

"Net cash fire premiums received, . . . 

Interest received on mortgages, .... 
Interest and dividends received from all other sources, 

Income from rents, 

Income from all other sources, .... 



Gross cash income, 



$77,538 62 

<j 66 

15.799 10 

2.665 00 

" 10 

$101,163 48 



EXPENDITURI 

Cash paid for fire losses, 

Deduct salvage and re-insurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, 



$45,243 60 
195 99 



Gross cash expenditures, . 



7 61 

20,000 00 

15.555 70 

14,649 93 

3.767 19 

6,612 92 

|1 .633 35 



Risks and Premiums. 
Fire risks outstanding Dec. 31, 1887, . . 610,942,081 00 



Fire risks written during 1888, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount re-insured, 

Xet amount in force, . 



11,362,706 00 



Premiums. 

$81,>79 22 
87.719 39 



.$22,304,787 00 $169,598 61 
. 10,248,297 00 -.279 40 



. §12,056,490 00 
206.570 00 



$91,319 21 
1,529 05 



.811,849,920 00 $89,790 16 



1888.] 



INS. COS. OF OTHER STATES. 



381 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, . . . . 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, . 



$2,905,198 00 

1,124,018 00 

46,428 00 

982,000 00 

20,000 00 

64,600 00 



"SECURITY INSURANCE COMPANY OF NEW HAVEN," NEW 

HAVEN, CONN. 

[Incorporated April, 1841. Commenced business April, 1841.] 
Paid-up Capital, $250,000. 

Charles S. Leete, President. H. Mason, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par value. Market value. 

Nat'l Tradesmen's Bank stock, New Haven, . $16,000 00 §22,080 00 

Second National Bank stock, New Haven, . 20,0